Does Thornburg Income Builder Opportunities Trust pass AAOIFI screening?

Thornburg Income Builder Opportunities Trust (TBLD) 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% (TBLD: 0.0%), (3) interest-bearing deposits below 30% (TBLD: 0.0%), and (4) prohibited income below 5% (TBLD: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Thornburg Income Builder Opportunities Trust stock?

Thornburg Income Builder Opportunities Trust (TBLD) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from TBLD shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Thornburg Income Builder Opportunities Trust for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Thornburg Income Builder Opportunities Trust (TBLD) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about TBLD's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

TBLD: Is Thornburg Income Builder Opportunities Trust Halal?

Thornburg Income Builder Opportunities Trust

NASDAQFinancial ServicesUS

$21.97

+1.52%

Market Cap: 682.9M

About Thornburg Income Builder Opportunities Trust

Thornburg Income Builder Opportunities Trust operates as a closed-end investment management firm. Its core mission involves deploying its managed capital, either directly or indirectly, into a wide spectrum of income-generating securities. The company commenced operations on July 28, 2021, and maintains its principal office in Santa Fe, New Mexico.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 2026

Basket Composition

0% 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 Halal0%

Unknown100%

Compliance History

Under Reviewnow
since Jul 2026
Not Halal
until the change above
Under Review
until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: N/AData source: FMP-LOOKTHROUGH

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Frequently Asked Questions

Is Thornburg Income Builder Opportunities Trust (TBLD) halal to invest in?

Thornburg Income Builder Opportunities Trust (TBLD) is screened using AAOIFI Standard 21 look-through analysis. Each underlying holding is screened individually and the weighted aggregate determines the fund verdict. Check the verdict above for the current compliance ruling.

Why did Thornburg Income Builder Opportunities Trust get a C+ compliance rating?

Thornburg Income Builder Opportunities Trust'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 Thornburg Income Builder Opportunities Trust's Shariah verdict?

Thornburg Income Builder Opportunities Trust'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 Thornburg Income Builder Opportunities Trust re-screened for Shariah compliance?

Thornburg Income Builder Opportunities Trust (TBLD) 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: Jul 20, 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.