Is Blackstone Senior Floating Rate 2027 Term Fund (BSL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| 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 | 31.9% | |
| Return on Equity (ROE) | 4.0% | |
| Return on Assets (ROA) | 4.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $17M |
| Free Cash Flow | $17M |
| Total Debt | $91M |
| Debt-to-Equity | 47.9 |
| Current Ratio | 0.0 |
| Total Assets | $314M |
Price & Trading
| Last Close | $12.88 |
| 50-Day MA | $13.11 |
| 200-Day MA | $13.76 |
| Avg Volume | 56K |
| Beta | 0.4 |
|
52-Week Range
$12.45
| |
About Blackstone Senior Floating Rate 2027 Term Fund (BSL)
Blackstone Senior Floating Rate 2027 Term Fund is a closed-ended fixed income mutual fund launched by The Blackstone Group L.P. It is managed by GSO / Blackstone Debt Funds Management LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in senior secured, floating rate loans that are issued by corporations, partnerships, and other business entities. It seeks to invest in securities that are rated below investment grade. The fund invests in securities across the maturity spectrum, while maintaining an average duration of less than one year. It employs fundamental analysis using a research-driven credit analysis approach while focusing on factors like companies which offer attractive risk / return characteristics to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. Blackstone Senior Floating Rate 2027 Term Fund was formed on March 4, 2010 and is domiciled in the United States.
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Frequently Asked Questions
Is Blackstone Senior Floating Rate 2027 Term Fund (BSL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Blackstone Senior Floating Rate 2027 Term 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 Blackstone Senior Floating Rate 2027 Term Fund's debt ratio?
Blackstone Senior Floating Rate 2027 Term 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 Blackstone Senior Floating Rate 2027 Term Fund's key financial metrics?
Blackstone Senior Floating Rate 2027 Term Fund has a market capitalization of $167M, trailing P/E ratio of 22.4, and revenue of $20M. The company maintains a gross margin of 100.0% and a net margin of 31.9%. Return on equity stands at 4.0%.
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.