Does Flaherty & Crumrine Preferred Securities Income Fund Inc. pass AAOIFI screening?

Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) 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% (FFC: 0.0%), (3) interest-bearing deposits below 30% (FFC: 0.0%), and (4) prohibited income below 5% (FFC: 100.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Flaherty & Crumrine Preferred Securities Income Fund Inc. stock?

Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) has a non-permissible income ratio of 100.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from FFC shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Flaherty & Crumrine Preferred Securities Income Fund Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about FFC's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

FFC: Is Flaherty & Crumrine Preferred Securities Income Fund Inc. Halal?

Flaherty & Crumrine Preferred Securities Income Fund Inc.

NYSEFinancial ServicesUS

$15.95

+0.89%

Market Cap: 768.4M

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) halal? Not Halal. Based on AAOIFI screening, Flaherty & Crumrine Preferred Securities Income 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.

142.6% of 5.0% limit

86% of the basket's holdings were screened individually.

About Flaherty & Crumrine Preferred Securities Income Fund Inc.

Flaherty & Crumrine Preferred Securities Income Fund Inc. is a closed-end balanced mutual fund, managed by Flaherty & Crumrine Incorporated and founded in the United States on May 23, 2002. Formerly operating as Flaherty & Crumrine/Claymore Preferred Securities Income Fund Incorporated, its investment strategy focuses on U.S. public equity and fixed-income markets. The fund aims to acquire securities from companies spanning various sectors, with a significant allocation to investment-grade preferred securities, specifically those classified as hybrid or taxable. Portfolio development is guided by rigorous quantitative analysis. Its performance is measured against industry benchmarks such as the Merrill Lynch 8% Capped DRD Preferred Stock Index, the Merrill Lynch Hybrid Preferred Securities Index, and the Merrill Lynch Adjustable Preferred Stock 7% Constrained Index.

Sector: Financial Services · Industry: Asset Management - Income

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 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% (142.6%)

Basket Composition

86% 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.

143%

Halal1%

Doubtful0%

Not Halal143%

Unknown0%

Top Holdings

Provident Financing Trust INot Halal3.43%Liberty Mutual Group, Inc.Not Halal3.36%FITBIFifth Third BancorpNot Halal3.08%Flagstar Bank National AssociationUnknown2.69%METMetLife Inc.Not Halal2.56%HSBCHSBC Holdings PLCNot Halal2.50%METMetLife Inc.Not Halal2.46%BNP Paribas SANot Halal2.29%Delphi Financial Group, Inc.Unknown2.28%Societe Generale S.A.Not Halal2.12%

Compliance History

Not Halalnow
since Jul 2026
Under Review
until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: N/AData source: FMP-LOOKTHROUGH

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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 Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) halal to invest in?

Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) 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 Flaherty & Crumrine Preferred Securities Income Fund Inc. get a F compliance rating?

Flaherty & Crumrine Preferred Securities Income 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 Flaherty & Crumrine Preferred Securities Income Fund Inc.'s Shariah verdict?

Flaherty & Crumrine Preferred Securities Income 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 Flaherty & Crumrine Preferred Securities Income Fund Inc. re-screened for Shariah compliance?

Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) 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: Jul 17, 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.