Does Cohen & Steers Limited Duration Preferred and Income Fund, Inc. pass AAOIFI screening?

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

How much purification is needed for Cohen & Steers Limited Duration Preferred and Income Fund, Inc. stock?

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

LDP: Is Cohen & Steers Limited Duration Preferred and Income Fund, Inc. Halal?

Cohen & Steers Limited Duration Preferred and Income Fund, Inc.

NYSEFinancial ServicesUS

$20.61

+0.05%

Market Cap: 599.3M

Compliance Status

Not Halal

Screened on Jul 14, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) halal? Not Halal. Based on AAOIFI screening, Cohen & Steers Limited Duration Preferred and 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.

143.2% of 5.0% limit

95% of the basket's holdings were screened individually.

About Cohen & Steers Limited Duration Preferred and Income Fund, Inc.

The Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) is a closed-end investment vehicle dedicated to fixed income, initially established by Cohen & Steers, Inc., and now managed by Cohen & Steers Capital Management, Inc. This U.S.-domiciled fund, which commenced operations on May 1, 2012, pursues investment opportunities across global fixed income markets. Its strategy involves allocating capital primarily to companies within the financial industry, including banks, diversified financial services, real estate, and insurance sectors. The portfolio predominantly comprises a diverse range of preferred securities, such as floating-rate, fixed-to-floating-rate, traditional, and hybrid-preferred instruments, in addition to various debt and convertible securities. The fund employs derivatives, like interest rate swaps, to facilitate its investment objectives. Portfolio construction is grounded in fundamental analysis, with a keen focus on assessing the credit quality of issuers and responding to prevailing market dynamics. The fund measures its performance against two benchmarks: the BofA Merrill Lynch Capital Securities Index, and a composite index consisting of 75% BofA Merrill Lynch Capital Securities Index and 25% BofA Merrill Lynch 7% Constrained Adjustable Rate Preferred Securities Index.

Sector: Financial Services · Industry: Asset Management - Income

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 14, 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% (143.2%)

Basket Composition

95% 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%

Halal0%

Doubtful0%

Not Halal143%

Unknown0%

Top Holdings

GSGOLDMAN SACHS GROUP INCNot Halal2.26%BACBANK OF AMERICA CORPNot Halal2.13%CCITIGROUP INCNot Halal1.88%CCITIGROUP INCNot Halal1.87%FIRST HORIZON BANKUnknown1.72%TFCTRUIST FINANCIAL CORPNot Halal1.62%BNP PARIBASNot Halal1.51%HARTFORD INSUR GRP INCNot Halal1.50%STANDARD CHARTERED PLCNot Halal1.41%ENBENBRIDGE INCNot Halal1.41%

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

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Frequently Asked Questions

Is Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) halal to invest in?

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) 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 Cohen & Steers Limited Duration Preferred and Income Fund, Inc. get a F compliance rating?

Cohen & Steers Limited Duration Preferred and 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 Cohen & Steers Limited Duration Preferred and Income Fund, Inc.'s Shariah verdict?

Cohen & Steers Limited Duration Preferred and 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 Cohen & Steers Limited Duration Preferred and Income Fund, Inc. re-screened for Shariah compliance?

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) 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 14, 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.