
PFD: Is Flaherty & Crumrine Preferred Income Fund Inc. Halal?
Flaherty & Crumrine Preferred Income Fund Inc.
$11.20
-0.18%
Market Cap: 143.9M
Compliance Status
Not Halal
Screened on Aug 26, 2026 · AAOIFI Standard 21
Non-Compliant
Is Flaherty & Crumrine Preferred Income Fund Inc. (PFD) halal? Not Halal. Based on AAOIFI screening, Flaherty & Crumrine Preferred Income Fund Inc. 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.
92% of the basket's holdings were screened individually.
About Flaherty & Crumrine Preferred Income Fund Inc.
The Flaherty & Crumrine Preferred Income Fund Inc. is a closed-end mutual fund, managed by Flaherty & Crumrine Incorporated, primarily investing in preferred securities within the public equity markets of the United States. The fund concentrates its holdings on companies operating in the financial sector. Its performance is benchmarked against both the Barclays Capital U.S. Aggregate Index and the S&P 500 Index. This U.S.-domiciled fund was established on September 28, 1990.
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% (92.2%)
Basket Composition
92% 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
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 Flaherty & Crumrine Preferred Income Fund Inc. (PFD) halal to invest in?
Why did Flaherty & Crumrine Preferred Income Fund Inc. get a F compliance rating?
What could change Flaherty & Crumrine Preferred Income Fund Inc.'s Shariah verdict?
How often is Flaherty & Crumrine Preferred Income Fund Inc. re-screened for Shariah compliance?
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.




