What is Flaherty & Crumrine Total Return Fund Inc.'s Shariah compliance score?

Flaherty & Crumrine Total Return Fund Inc.'s (FLC) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Flaherty & Crumrine Total Return Fund Inc. pass AAOIFI screening?

Flaherty & Crumrine Total Return Fund Inc. (FLC) 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% (FLC: 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 Flaherty & Crumrine Total Return 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 Flaherty & Crumrine Total Return Fund Inc. (FLC) using the latest financial data.

Where can I screen Flaherty & Crumrine Total Return Fund Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Flaherty & Crumrine Total Return Fund Inc. (FLC) 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 FLC's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

FLC: Is Flaherty & Crumrine Total Return Fund Inc. Halal?

Flaherty & Crumrine Total Return Fund Inc.

NYSEFinancial ServicesUS

$16.61

+0.42%

Market Cap: 173.7M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Flaherty & Crumrine Total Return Fund Inc. (FLC) halal? Not Halal. Based on AAOIFI screening, Flaherty & Crumrine Total Return 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.

91.0% of 5.0% limit

91% of the basket's holdings were screened individually.

About Flaherty & Crumrine Total Return Fund Inc.

Flaherty & Crumrine Total Return Fund Inc. is a U.S.-domiciled, closed-end balanced mutual fund overseen by Flaherty & Crumrine Incorporated. Formed on August 26, 2003, and previously operating under the name Flaherty & Crumrine/Claymore Total Return Fund, Inc., its investment strategy encompasses both public equity and fixed-income markets within the United States. The fund specifically seeks out common stocks of companies active in the utility and banking industries. A substantial portion of its holdings consists of investment-grade preferred securities, alongside a variety of other income-generating debt instruments. To evaluate its performance, the fund benchmarks against both the Barclays Capital U.S. Aggregate Index and the S&P 500 Index.

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% (91.0%)

Basket Composition

91% 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.

91%

Halal0%

Doubtful0%

Not Halal91%

Unknown9%

Top Holdings

LIBERTY MUTUAL GROUP INCNot Halal2.25%METMETLIFE INCNot Halal1.98%SOCIETE GENERALE SANot Halal1.93%PROVIDENT FINANCING TRUST INot Halal1.91%FLAGSTAR BANK NAUnknown1.78%DELPHI FINANCIAL GROUP INCUnknown1.76%BNP PARIBAS SANot Halal1.61%BLACKROCK LIQUIDITY FUNDSNot Halal1.54%METMETLIFE INCNot Halal1.50%SOCIETE GENERALE SANot Halal1.42%

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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SLVA+

iShares Silver Trust

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PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

CEFA+

Sprott Physical Gold and Silver Trust

$43.28

+4.44%

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Frequently Asked Questions

Is Flaherty & Crumrine Total Return Fund Inc. (FLC) halal to invest in?

Flaherty & Crumrine Total Return Fund Inc. (FLC) 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 Total Return Fund Inc. get a F compliance rating?

Flaherty & Crumrine Total Return 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 Total Return Fund Inc.'s Shariah verdict?

Flaherty & Crumrine Total Return 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 Total Return Fund Inc. re-screened for Shariah compliance?

Flaherty & Crumrine Total Return Fund Inc. (FLC) 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.