
PCN: Is PIMCO Corporate & Income Strategy Fund Halal?
PIMCO Corporate & Income Strategy Fund
$11.74
+0.43%
Market Cap: 865.6M
Compliance Status
Not Halal
Screened on Jul 17, 2026 · AAOIFI Standard 21
Non-Compliant
Is PIMCO Corporate & Income Strategy Fund (PCN) halal? Not Halal. Based on AAOIFI screening, PIMCO Corporate & Income Strategy Fund has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).
Basket rule
Over the limitAn ETF is halal when non-compliant holdings stay under 5% of the basket by weight.
83% of the basket's holdings were screened individually.
About PIMCO Corporate & Income Strategy Fund
The PIMCO Corporate & Income Strategy Fund (PCN) operates as a closed-end mutual fund dedicated to fixed income investments. It is primarily overseen by Allianz Global Investors Fund Management LLC, with co-management responsibilities shared by Pacific Investment Management Company LLC. This fund focuses its investments within the U.S. fixed income landscape, allocating capital to a diverse array of debt instruments. These include U.S. Treasury obligations, corporate notes, government agency securities, and various asset-backed and mortgage-backed securities, sourced from companies spanning numerous sectors. Its portfolio is constructed using a top-down security selection methodology, underpinned by thorough fundamental analysis. Established in the United States on October 17, 2001, the fund was previously known as PIMCO Corporate Income Fund.
Sector: Financial Services · Industry: Asset Management - Income
Shariah Compliance Status
Business Activity Screen
FailedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
- Basket-weighted haram holdings exceed 5% (116.9%)
Basket Composition
83% of basket screenedETFs 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.
Top Holdings
Compliance History
Not Halalnow
since Jul 2026
Under Review
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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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Frequently Asked Questions
Is PIMCO Corporate & Income Strategy Fund (PCN) halal to invest in?
Why did PIMCO Corporate & Income Strategy Fund get a F compliance rating?
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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.




