Is CALAMOS CONVERTIBLE OPPORTUNITIES & INCOME FUND (CHI) 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 | 37.3% | |
| Net Margin | 847.6% | |
| Return on Equity (ROE) | 21.0% | |
| Return on Assets (ROA) | 0.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $67M |
| Free Cash Flow | $67M |
| Total Debt | $302M |
| Debt-to-Equity | 49.0 |
| Current Ratio | 5.2 |
| Total Assets | $1.3B |
Price & Trading
| Last Close | $10.95 |
| 50-Day MA | $11.30 |
| 200-Day MA | $10.83 |
| Avg Volume | 194K |
| Beta | 1.1 |
|
52-Week Range
$8.41
| |
About CALAMOS CONVERTIBLE OPPORTUNITIES & INCOME FUND (CHI)
Calamos Convertible Opportunities 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 diversified portfolio of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's. The fund employs both fundamental and quantitative analysis with a focus on such factors as financial soundness, ability to make interest and dividend payments, earnings and cash-flow forecast, and quality of management to create its portfolio. Calamos Convertible Opportunities and Income Fund was formed on April 17, 2002 and is domiciled in the United States.
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Frequently Asked Questions
Is CALAMOS CONVERTIBLE OPPORTUNITIES & INCOME FUND (CHI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CALAMOS CONVERTIBLE OPPORTUNITIES & 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 CONVERTIBLE OPPORTUNITIES & INCOME FUND's debt ratio?
CALAMOS CONVERTIBLE OPPORTUNITIES & 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 CONVERTIBLE OPPORTUNITIES & INCOME FUND's key financial metrics?
CALAMOS CONVERTIBLE OPPORTUNITIES & INCOME FUND has a market capitalization of $840M, trailing P/E ratio of 4.8, and revenue of $173M. The company maintains a gross margin of 100.0% and a net margin of 847.6%. Return on equity stands at 21.0%.
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.