Is DoubleLine Opportunistic Credit Fund (DBL) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 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 | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $33M |
| Free Cash Flow | $33M |
| Total Debt | $15M |
| Total Assets | $330M |
Price & Trading
| Last Close | $14.25 |
| 50-Day MA | $14.87 |
| 200-Day MA | $15.27 |
| Avg Volume | 70K |
|
52-Week Range
$14.07
| |
About DoubleLine Opportunistic Credit Fund (DBL)
DoubleLine Opportunistic Credit Fund is a close-ended fixed income mutual fund launched and managed by DoubleLine Capital LP. The fund invests in the fixed income markets. It invests in debt securities including residential and commercial mortgage-backed securities, asset-backed securities, U.S Government securities, corporate debt, international sovereign debt, and short-term investments.The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Aggregate Bond Index. DoubleLine Opportunistic Credit Fund was formed on July 22, 2011 and is domiciled in the United States.
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Frequently Asked Questions
Is DoubleLine Opportunistic Credit Fund (DBL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), DoubleLine Opportunistic Credit 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 DoubleLine Opportunistic Credit Fund's debt ratio?
DoubleLine Opportunistic Credit 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 DoubleLine Opportunistic Credit Fund's key financial metrics?
DoubleLine Opportunistic Credit Fund has a market capitalization of $281M, trailing P/E ratio of 13.2, and revenue of $21M.
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.