What is PGIM Global High Yield Fund, Inc's Shariah compliance score?

PGIM Global High Yield Fund, Inc's (GHY) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does PGIM Global High Yield Fund, Inc pass AAOIFI screening?

PGIM Global High Yield Fund, Inc (GHY) 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% (GHY: 0.0%), (3) interest-bearing deposits below 30% (GHY: 0.0%), and (4) prohibited income below 5% (GHY: 100.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for PGIM Global High Yield Fund, Inc stock?

PGIM Global High Yield Fund, Inc (GHY) has a non-permissible income ratio of 100.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from GHY 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 PGIM Global High Yield Fund, Inc for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for PGIM Global High Yield Fund, Inc (GHY) 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 GHY's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

GHY: Is PGIM Global High Yield Fund, Inc Halal?

PGIM Global High Yield Fund, Inc

NYSEFinancial ServicesUS

$11.80

+0.08%

Market Cap: 483.3M

Compliance Status

Not Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is PGIM Global High Yield Fund, Inc (GHY) halal? Not Halal. Based on AAOIFI screening, PGIM Global High Yield 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.

117.1% of 5.0% limit

98% of the basket's holdings were screened individually.

About PGIM Global High Yield Fund, Inc

The PGIM Global Short Duration High Yield Fund, Inc. operates as a closed-end mutual fund focused on fixed-income investments. This fund, established and managed by PGIM Investments LLC with co-management from PGIM Fixed Income, allocates its capital to global bond markets. It primarily targets high-yield fixed income instruments of diverse maturities, specifically those with a credit rating of Ba1 or below from Moody's Investors Service, Inc., or BB+ or below from Standard & Poor's Ratings Services. A core objective is to maintain a weighted average maturity for its holdings that does not exceed five years. The fund commenced operations on December 26, 2012, and is legally based in the United States.

Sector: Financial Services · Industry: Asset Management - Global

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 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% (117.1%)

Basket Composition

98% 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.

117%

Halal1%

Doubtful0%

Not Halal117%

Unknown0%

Top Holdings

ARGENTINA, REPUBLIC OF - SUBSECRETARIA DE FINANCIAMIENTONot Halal2.01%EG GLOBAL FINANCE PLCNot Halal1.19%DIGICEL INTL FIN LTD Common EquityUnknown0.82%ARGENTINA, REPUBLIC OF - SUBSECRETARIA DE FINANCIAMIENTONot Halal0.80%COLOMBIA, REPUBLIC OF - MINISTERO DE HACIENDA Y CREDITO PUBLICONot Halal0.78%ARGENTINA, REPUBLIC OF - SUBSECRETARIA DE FINANCIAMIENTONot Halal0.76%Radiate Holdco LLCNot Halal0.71%EGYPT, ARAB REPUBLIC OF - MINISTRY OF FINANCENot Halal0.67%BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONALNot Halal0.67%VEDANTA RESOURCES FINANCE II PLCNot Halal0.67%

Compliance History

Not Halalnow
since Jun 2026
Under Review
until the change above

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

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:

GLDA+

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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%

ABA+

AllianceBernstein Holding L.P.

$36.03

-1.13%

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BAC

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Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is PGIM Global High Yield Fund, Inc (GHY) halal to invest in?

PGIM Global High Yield Fund, Inc (GHY) 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 PGIM Global High Yield Fund, Inc get a F compliance rating?

PGIM Global High Yield 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 PGIM Global High Yield Fund, Inc's Shariah verdict?

PGIM Global High Yield 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 PGIM Global High Yield Fund, Inc re-screened for Shariah compliance?

PGIM Global High Yield Fund, Inc (GHY) 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 19, 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.