Is abrdn Income Credit Strategies Fund (ACP-PA) Halal?
Shariah Screening — 5 Standards
Based on financial data from October 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Asset Management | ✗ NOT HALAL | |||
| DJIM | Excluded — Asset Management | ✗ NOT HALAL | |||
| MSCI | Excluded — Asset Management | ✗ NOT HALAL | |||
| S&P | Excluded — Asset Management | ✗ NOT HALAL | |||
| FTSE | Excluded — Asset Management | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 83.7% | |
| Net Margin | 42.9% | |
| Return on Equity (ROE) | 5.0% | |
| Return on Assets (ROA) | 4.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $99M |
| Free Cash Flow | $99M |
| Total Debt | $260M |
| Debt-to-Equity | 33.4 |
| Current Ratio | 1.8 |
| Total Assets | $1.1B |
Price & Trading
| Last Close | $20.31 |
| 50-Day MA | $20.62 |
| 200-Day MA | $20.76 |
| Avg Volume | 5K |
| Beta | 0.8 |
|
52-Week Range
$19.61
| |
About abrdn Income Credit Strategies Fund (ACP-PA)
Abrdn Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited. It is co-managed by Aberdeen Standard Investments Inc. The fund invests in fixed income markets across the globe. It seeks to invest primarily in loan and debt instruments. Abrdn Income Credit Strategies Fund was formed on October 12, 2010 and is domiciled in the United States.
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Frequently Asked Questions
Is abrdn Income Credit Strategies Fund (ACP-PA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), abrdn Income Credit Strategies Fund is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is abrdn Income Credit Strategies Fund's debt ratio?
abrdn Income Credit Strategies Fund's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are abrdn Income Credit Strategies Fund's key financial metrics?
abrdn Income Credit Strategies Fund has a market capitalization of N/A, trailing P/E ratio of 13.9, and revenue of $42M. The company maintains a gross margin of 100.0% and a net margin of 42.9%. Return on equity stands at 5.0%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.