
PIM: Is Franklin Master Intermediate Income Trust Halal?
Franklin Master Intermediate Income Trust
$3.17
+0.63%
Market Cap: 152.7M
Compliance Status
Not Halal
Screened on Aug 26, 2026 · AAOIFI Standard 21
Non-Compliant
Is Franklin Master Intermediate Income Trust (PIM) halal? Not Halal. Based on AAOIFI screening, Franklin Master Intermediate Income Trust 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.
91% of the basket's holdings were screened individually.
About Franklin Master Intermediate Income Trust
Established in the United States on April 29, 1988, Putnam Master Intermediate Income Trust operates as a closed-end mutual fund dedicated to fixed-income investments. The fund is primarily overseen by Putnam Investment Management, LLC, with co-management responsibilities held by Putnam Investments Limited. It strategically allocates capital within the U.S. fixed income markets, specifically targeting bonds issued by diverse companies across various sectors. The performance of its portfolio is measured against the Barclays Capital Government/Credit Bond Index.
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% (91.2%)
Basket Composition
91% 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.
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 Franklin Master Intermediate Income Trust (PIM) halal to invest in?
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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.




