Is BlackRock Multi-Sector Income Trust (BIT) Halal?

NYSE Financial Services United States $698M
✗ NOT HALAL
Confidence: 95/100
BlackRock Multi-Sector Income Trust (BIT) is Not Halal under AAOIFI Standard 21 due to its classification in the Asset Management industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 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

P/E Ratio
11.5
EPS
$1.06
Dividend Yield
1214.0%
Payout: 138.0%
Revenue
$56M

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%

Cash Flow & Balance Sheet

Operating Cash Flow-$155M
Free Cash Flow-$155M
Total Debt$336M
Total Assets$1.1B

Price & Trading

Last Close$12.33
50-Day MA$12.99
200-Day MA$13.54
Avg Volume289K
52-Week Range
$12.21
$15.12

About BlackRock Multi-Sector Income Trust (BIT)

CEO
Mr. Charles Choon Sik Park
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$698M
Currency
USD

BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc. It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic. BlackRock Multi-Sector Income Trust was formed on February 25, 2013 and is domiciled in the United States.

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Frequently Asked Questions

Is BlackRock Multi-Sector Income Trust (BIT) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), BlackRock Multi-Sector Income Trust 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 BlackRock Multi-Sector Income Trust's debt ratio?

BlackRock Multi-Sector Income Trust's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are BlackRock Multi-Sector Income Trust's key financial metrics?

BlackRock Multi-Sector Income Trust has a market capitalization of $698M, trailing P/E ratio of 11.5, and revenue of $56M.

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.