What is Western Asset Mortgage Opportunity Fund Inc's Shariah compliance score?

Western Asset Mortgage Opportunity Fund Inc's (DMO) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Western Asset Mortgage Opportunity Fund Inc pass AAOIFI screening?

Western Asset Mortgage Opportunity Fund Inc (DMO) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (DMO: 0.0%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Western Asset Mortgage Opportunity Fund Inc stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Western Asset Mortgage Opportunity Fund Inc (DMO) using the latest financial data.

Where can I screen Western Asset Mortgage Opportunity Fund Inc for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Western Asset Mortgage Opportunity Fund Inc (DMO) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about DMO's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

DMO: Is Western Asset Mortgage Opportunity Fund Inc Halal?

Western Asset Mortgage Opportunity Fund Inc

NYSEFinancial ServicesUS

$10.32

+0.78%

Market Cap: 117.9M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Western Asset Mortgage Opportunity Fund Inc (DMO) halal? Not Halal. Based on AAOIFI screening, Western Asset Mortgage Opportunity Fund Inc has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Basket rule

Over the limit

An ETF is halal when non-compliant holdings stay under 5% of the basket by weight.

99.8% of 5.0% limit

100% of the basket's holdings were screened individually.

About Western Asset Mortgage Opportunity Fund Inc

Western Asset Mortgage Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed Western Asset Management Company and Western Asset Management Company Limited. It invests in the fixed income markets of the United States. The fund invests primarily in mortgage-backed securities. It employs intensive proprietary research to create its portfolio. The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch U.S. Floating Rate Home Equity Loan Asset Backed Securities Index. Western Asset Mortgage Opportunity Fund Inc. was formed on December 11, 2009 and is domiciled in the United States.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Basket-weighted haram holdings exceed 5% (99.8%)

Basket Composition

100% of basket screened

ETFs 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.

100%

Halal0%

Doubtful0%

Not Halal100%

Unknown0%

Top Holdings

STACR TRUST 2018-HRP1Not Halal2.54%GSGOLDMAN SACHS & CO. LLCNot Halal2.02%GS MORTGAGE SECURITIES CORP TRUST 2024-70PNot Halal1.79%FREDDIE MAC STRUCTURED AGENCY CREDIT RISK TRUST 2018-HRP2Not Halal1.73%Federal National Mortgage AssociationNot Halal1.46%280 Park Avenue TrustNot Halal1.36%AEGIS ASSET BACKED SECURITIES TRUST SERIES 2005-3Not Halal1.24%FREDDIE MAC STRUCTURED PASS THROUGH CERTIFICATESNot Halal1.12%HOME RE 2026-1 LTDNot Halal1.10%FREDDIE MAC MSCR TRUST MN7Not Halal1.04%

Fiscal: N/AData source: FMP-LOOKTHROUGH

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is Western Asset Mortgage Opportunity Fund Inc (DMO) halal to invest in?

Western Asset Mortgage Opportunity Fund Inc (DMO) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Western Asset Mortgage Opportunity Fund Inc get a F compliance rating?

Western Asset Mortgage Opportunity Fund Inc's compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.

What could change Western Asset Mortgage Opportunity Fund Inc's Shariah verdict?

Western Asset Mortgage Opportunity Fund Inc's verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.

How often is Western Asset Mortgage Opportunity Fund Inc re-screened for Shariah compliance?

Western Asset Mortgage Opportunity Fund Inc (DMO) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Aug 26, 2026.

Screened according to 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. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and 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.