What is Western Asset Diversified Income Fund's Shariah compliance score?

Western Asset Diversified Income Fund's (WDI) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Western Asset Diversified Income Fund pass AAOIFI screening?

Western Asset Diversified Income Fund (WDI) 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% (WDI: 0.0%), (3) interest-bearing deposits below 30% (WDI: 0.0%), and (4) prohibited income below 5% (WDI: 100.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Western Asset Diversified Income Fund stock?

Western Asset Diversified Income Fund (WDI) has a non-permissible income ratio of 100.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from WDI 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 Western Asset Diversified Income Fund for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Western Asset Diversified Income Fund (WDI) 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 WDI's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

WDI: Is Western Asset Diversified Income Fund Halal?

Western Asset Diversified Income Fund

NYSEFinancial ServicesUS

$13.51

-0.89%

Market Cap: 701.3M

Compliance Status

Not Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Western Asset Diversified Income Fund (WDI) halal? Not Halal. Based on AAOIFI screening, Western Asset Diversified 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.

146.4% of 5.0% limit

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

About Western Asset Diversified Income Fund

Western Asset Diversified Income Fund operates as a closed-end management investment company, which engages in seeking high current income and secondary investment objective is to seek capital appreciation. The fund was founded on July 27, 2020, and is headquartered in New York, NY.

Sector: Financial Services · Industry: Asset Management - Income

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 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% (146.4%)

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.

146%

Halal0%

Doubtful0%

Not Halal146%

Unknown0%

Top Holdings

GS MORTGAGE SECURITIES CORP TRUST 2024-70PNot Halal2.42%MIRA TRUST 2023-MILENot Halal1.88%CHS/Community Health Systems IncNot Halal1.83%TPCTutor Perini CorporationNot Halal1.48%Pm General Purchaser LlcNot Halal1.42%Mcclatchy Media Co LLCNot Halal1.27%OXYOccidental Petroleum Corp.Not Halal1.26%Navient CorporationNot Halal1.25%Aag FH UK PLC / Global Auto Holdings PLCNot Halal1.15%BANK 2021-BNK35Not Halal1.13%

Compliance History

Not Halalnow
since Jul 2026
Under Review
until the change above
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

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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Sprott Physical Silver Trust

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PHYSA+

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+0.19%

ABA+

AllianceBernstein Holding L.P.

$36.03

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Free · No credit card required

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Frequently Asked Questions

Is Western Asset Diversified Income Fund (WDI) halal to invest in?

Western Asset Diversified Income Fund (WDI) 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 Western Asset Diversified Income Fund get a F compliance rating?

Western Asset Diversified 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 Western Asset Diversified Income Fund's Shariah verdict?

Western Asset Diversified 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 Western Asset Diversified Income Fund re-screened for Shariah compliance?

Western Asset Diversified Income Fund (WDI) 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 19, 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.