Is Calamos Dynamic Convertible & Income Fund (CCD) Halal?

NASDAQ Financial Services United States $577M
✗ NOT HALAL
Confidence: 95/100
Calamos Dynamic Convertible & Income Fund (CCD) 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 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

P/E Ratio
4.2
EPS
$4.88
Dividend Yield
1135.0%
Payout: 47.9%
Revenue
$134M

Profitability

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

Cash Flow & Balance Sheet

Operating Cash Flow$63M
Free Cash Flow$63M
Total Debt$193M
Total Assets$901M

Price & Trading

Last Close$21.21
50-Day MA$22.42
200-Day MA$21.33
Avg Volume83K
52-Week Range
$18.12
$23.18

About Calamos Dynamic Convertible & Income Fund (CCD)

CEO
Mr. John Peter Calamos Sr.
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NASDAQ
Market Cap
$577M
Currency
USD

Calamos Dynamic Convertible and Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a portfolio of convertible securities, investment grade and below investment grade bonds, loans, equity-linked notes, and floating rate securities. The fund also invests through derivatives such as options. It employs fundamental analysis with a top-down global macroeconomic approach to create its portfolio. Calamos Dynamic Convertible and Income Fund was formed on March 11, 2014 and is domiciled in the United States.

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Frequently Asked Questions

Is Calamos Dynamic Convertible & Income Fund (CCD) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Calamos Dynamic Convertible & Income 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 Calamos Dynamic Convertible & Income Fund's debt ratio?

Calamos Dynamic Convertible & Income 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 Calamos Dynamic Convertible & Income Fund's key financial metrics?

Calamos Dynamic Convertible & Income Fund has a market capitalization of $577M, trailing P/E ratio of 4.2, and revenue of $134M.

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.