Compliance Status
Not Halal
Screened on Oct 10, 2026 · AAOIFI Standard 21 look-through
Non-Compliant
Is BNY Mellon High Yield Strategies Fund (DHF) halal? Not Halal. Looking through its holdings under AAOIFI Standard 21, BNY Mellon High Yield Strategies Fund has 5% or more of its basket by weight in non-compliant holdings with a compliance score of 0/100 (Grade: F).
Quote this verdict
HalalScreener rates BNY Mellon High Yield Strategies Fund (DHF) Not Halal, 0/100, grade F under AAOIFI Standard 21 look-through, screened Oct 10, 2026. Source: https://halalscreener.app/en/stock/DHF
Basket rule
Over the limitAn ETF is halal when non-compliant holdings stay under 5% of the basket by weight.
98% of the basket's holdings were screened individually.
DHF: Is BNY Mellon High Yield Strategies Fund Halal?
BNY Mellon High Yield Strategies Fund
$2.19
Market Cap: 159.3M
Get an email if DHF's halal status changes
We re-screen BNY Mellon High Yield Strategies Fund daily. If the verdict moves, you hear about it the same day.
Free. One click sets it up, and you can unsubscribe any time.
About BNY Mellon High Yield Strategies Fund
Managed by BNY Mellon Investment Adviser, Inc., the BNY Mellon High Yield Strategies Fund operates as a closed-end mutual fund focused on fixed income investments. Its strategy involves allocating capital primarily within the United States' fixed income markets. The fund predominantly invests in debt securities of below investment-grade quality, particularly those issued by nascent companies or businesses with highly leveraged financial structures. For performance evaluation, it benchmarks against the BofA Merrill Lynch U.S High Yield Master II Constrained Index. This U.S.-domiciled fund, established on April 29, 1998, was formerly known as the Dreyfus High Yield Strategies Fund.
Sector: Financial Services · Industry: Asset Management
Shariah Compliance Status
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why DHF is rated Not Halal with institutional-grade analysis
Business Activity Screen
FailedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
- Basket-weighted haram holdings exceed 5% (98.3%)
Basket Composition
98% of basket screenedETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.
Top Holdings
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
Compliance History
Not Halal, unchanged since Sep 2026.
No status changes recorded since we began tracking.
Tracked since Sep 2026. Updates automatically on each re-screen.
Halal Alternatives in Financial Services
This fund is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
More Financial Services Stocks
Know the day DHF's verdict changes
A free account keeps watch on 3 stocks and emails you when a verdict moves. You also get 3 questions for the AI Scholar. No card needed.
Frequently Asked Questions
Is BNY Mellon High Yield Strategies Fund (DHF) halal to invest in?
Why did BNY Mellon High Yield Strategies Fund get a F compliance rating?
What could change BNY Mellon High Yield Strategies Fund's Shariah verdict?
How often is BNY Mellon High Yield Strategies Fund re-screened for Shariah compliance?
Screened by holdings look-through under AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.
Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. A fund is evaluated by screening its holdings under AAOIFI financial standards and weighing the result, using publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.