
ECAT: Is BlackRock ESG Capital Allocation Trust Halal?
BlackRock ESG Capital Allocation Trust
$15.54
+2.30%
Market Cap: 1.5B
Compliance Status
Not Halal
Screened on Jul 20, 2026 · AAOIFI Standard 21
Non-Compliant
Is BlackRock ESG Capital Allocation Trust (ECAT) halal? Not Halal. Based on AAOIFI screening, BlackRock ESG Capital Allocation Trust has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).
Basket rule
Over the limitAn ETF is halal when non-compliant holdings stay under 5% of the basket by weight.
91% of the basket's holdings were screened individually.
About BlackRock ESG Capital Allocation Trust
The BlackRock ESG Capital Allocation Term Trust is a recently established, non-diversified, closed-end managed investment vehicle that currently lacks any operational history. Its primary objective is to deliver overall returns and income, which it aims to achieve through a combination of consistent payouts, immediate profits, and sustained long-term asset appreciation. The fund's corporate headquarters are located in Wilmington, Delaware.
Sector: Financial Services · Industry: Asset Management
Shariah Compliance Status
Business Activity Screen
FailedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
- Basket-weighted haram holdings exceed 5% (46.1%)
Basket Composition
91% 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
Compliance History
Not Halalnow
since Jun 2026
Under Review
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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 BlackRock ESG Capital Allocation Trust (ECAT) halal to invest in?
Why did BlackRock ESG Capital Allocation Trust get a F compliance rating?
What could change BlackRock ESG Capital Allocation Trust's Shariah verdict?
How often is BlackRock ESG Capital Allocation Trust re-screened for Shariah compliance?
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.




