What is PIMCO California Municipal Income Fund's Shariah compliance score?

PIMCO California Municipal Income Fund's (PCQ) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does PIMCO California Municipal Income Fund pass AAOIFI screening?

PIMCO California Municipal Income Fund (PCQ) 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% (PCQ: 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 PIMCO California Municipal Income Fund 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 PIMCO California Municipal Income Fund (PCQ) using the latest financial data.

Where can I screen PIMCO California Municipal Income Fund for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for PIMCO California Municipal Income Fund (PCQ) 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 PCQ's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

PCQ: Is PIMCO California Municipal Income Fund Halal?

PIMCO California Municipal Income Fund

NYSEFinancial ServicesUS

$8.70

-0.11%

Market Cap: 488.4M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is PIMCO California Municipal Income Fund (PCQ) halal? Not Halal. Based on AAOIFI screening, PIMCO California Municipal Income Fund 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.

100.0% of 5.0% limit

100% of the basket's holdings were screened individually.

About PIMCO California Municipal Income Fund

The PIMCO California Municipal Income Fund, structured as a closed-end mutual fund primarily focused on fixed-income investments, operates under the management of Allianz Global Investors Fund Management LLC. Pacific Investment Management Company LLC also shares in the fund's co-management duties. Its investment strategy targets fixed-income securities within the United States market. Although its portfolio largely comprises municipal bonds, it also aims to invest in the equity of companies spanning diverse sectors. This fund commenced operations on June 29, 2001, and is based in New York.

Sector: Financial Services · Industry: Asset Management - Income

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% (100.0%)

Basket Composition

100% 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.

100%

Halal0%

Doubtful0%

Not Halal100%

Unknown0%

Top Holdings

CALIFORNIA STATENot Halal2.91%BAY AREA TOLL AUTHORITYNot Halal1.74%PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUENot Halal1.67%M-S-R ENERGY AUTHORITYNot Halal1.56%COUNTY OF DONA ANA NMNot Halal1.51%PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUENot Halal1.47%SAN JOAQUIN VALLEY CLEAN ENERGY AUTHORITYNot Halal1.30%CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITYNot Halal1.24%CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITYNot Halal1.15%CALIFORNIA STATE OF DEPARTMENT OF WATER RESOURCESNot Halal1.14%

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

$398.55

+0.17%

SLVA+

iShares Silver Trust

$57.44

+0.47%

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%

More Financial Services Stocks

JPM

JPMorgan Chase & Co.

Visa Inc.

Mastercard Incorporated

A+

PYPL

PayPal Holdings, Inc.

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

Track PCQ and 6,200+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

6,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is PIMCO California Municipal Income Fund (PCQ) halal to invest in?

PIMCO California Municipal Income Fund (PCQ) 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 PIMCO California Municipal Income Fund get a F compliance rating?

PIMCO California Municipal Income Fund'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 PIMCO California Municipal Income Fund's Shariah verdict?

PIMCO California Municipal Income Fund'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 PIMCO California Municipal Income Fund re-screened for Shariah compliance?

PIMCO California Municipal Income Fund (PCQ) 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.