
PGP: Is PIMCO Global StocksPLUS & Income Fund Halal?
PIMCO Global StocksPLUS & Income Fund
$8.68
+0.23%
Market Cap: 100.6M
Compliance Status
Not Halal
Screened on Aug 26, 2026 · AAOIFI Standard 21
Non-Compliant
Is PIMCO Global StocksPLUS & Income Fund (PGP) halal? Not Halal. Based on AAOIFI screening, PIMCO Global StocksPLUS & Income 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.
89% of the basket's holdings were screened individually.
About PIMCO Global StocksPLUS & Income Fund
The PIMCO Global StocksPLUS & Income Fund (PGP) operates as a closed-end, balanced mutual fund, initially launched and managed by Allianz Global Investors Fund Management LLC, with co-management responsibilities also held by Pacific Investment Management Company LLC. This U.S.-domiciled fund, established on April 30, 2003, pursues a global investment strategy, allocating capital across both fixed income and public equity markets worldwide. It employs a sophisticated long/short approach, utilizing financial derivatives like options. In its fixed-income portfolio, PGP targets investment-grade debt securities, maintaining a low to intermediate average duration, and diversifying across mortgage-related instruments, government, corporate, and other debt from both U.S. and non-U.S. issuers, including emerging market bonds. Concurrently, the fund invests in common stocks of companies spanning various sectors.
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% (89.1%)
Basket Composition
89% 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 PIMCO Global StocksPLUS & Income Fund (PGP) halal to invest in?
Why did PIMCO Global StocksPLUS & Income Fund get a F compliance rating?
What could change PIMCO Global StocksPLUS & Income Fund's Shariah verdict?
How often is PIMCO Global StocksPLUS & Income Fund 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.




