What is BlackRock Corporate High Yield Fund, Inc.'s Shariah compliance score?

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

Does BlackRock Corporate High Yield Fund, Inc. pass AAOIFI screening?

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

How much purification is needed for BlackRock Corporate High Yield Fund, Inc. stock?

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

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

HYT: Is BlackRock Corporate High Yield Fund, Inc. Halal?

BlackRock Corporate High Yield Fund, Inc.

NYSEFinancial ServicesUS

$8.54

-0.12%

Market Cap: 1.4B

Compliance Status

Not Halal

Screened on Jul 13, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is BlackRock Corporate High Yield Fund, Inc. (HYT) halal? Not Halal. Based on AAOIFI screening, BlackRock Corporate 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.

129.7% of 5.0% limit

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

About BlackRock Corporate High Yield Fund, Inc.

The BlackRock Corporate High Yield Fund, Inc. operates as a closed-end mutual fund with a focus on fixed income instruments. Managed by BlackRock Advisors, LLC, its investment strategy spans global fixed income markets. The fund primarily builds its portfolio with bonds issued by companies from a diverse range of sectors. A significant portion of its holdings consists of debt instruments rated Ba or lower by Moody's Investors Service, Inc., or BB or lower by Standard & Poor's Corporation, signifying a high-yield, below-investment-grade focus. Its mandate includes seeking out both domestic and international high-yield securities, such as corporate bonds, corporate loans, convertible debt, and preferred stocks, all characterized as below investment grade quality. Founded on May 30, 2003, this U.S.-domiciled fund was previously known as BlackRock Corporate High Yield Fund VI, Inc.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 13, 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% (129.7%)

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.

130%

Halal0%

Doubtful0%

Not Halal130%

Unknown0%

Top Holdings

BEIGNET INVESTOR LLCNot Halal2.04%1261229 BC LTDNot Halal1.77%HUBGHUB INTERNATIONAL LTDNot Halal1.53%iShares Broad USD High Yield Corporate Bond ETFUnknown1.18%HUBGHUB INTERNATIONAL LTDNot Halal0.99%PANTHER ESCROW ISSUERNot Halal0.96%MAUSER PACKAGING SOLUTNot Halal0.87%ALLIED UNIVERSAL HOLDCONot Halal0.79%CHDNCHURCHILL DOWNS INCNot Halal0.78%LEVEL 3 FINANCING INCNot Halal0.77%

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

Halal Alternatives in Financial Services

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

GLDA+

SPDR Gold Shares

$368.41

+0.17%

SLVA+

iShares Silver Trust

$50.78

+0.47%

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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JPMorgan Chase & Co.

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A+

PYPL

PayPal Holdings, Inc.

C+

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is BlackRock Corporate High Yield Fund, Inc. (HYT) halal to invest in?

BlackRock Corporate High Yield Fund, Inc. (HYT) 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 BlackRock Corporate High Yield Fund, Inc. get a F compliance rating?

BlackRock Corporate 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 BlackRock Corporate High Yield Fund, Inc.'s Shariah verdict?

BlackRock Corporate 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 BlackRock Corporate High Yield Fund, Inc. re-screened for Shariah compliance?

BlackRock Corporate High Yield Fund, Inc. (HYT) 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 13, 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.