Is DoubleLine Income Solutions Fund (DSL) Halal?

NYSE Financial Services United States $1.2B
✗ NOT HALAL
Confidence: 95/100
DoubleLine Income Solutions Fund (DSL) 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 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

P/E Ratio
11.0
EPS
$0.96
Dividend Yield
1254.0%
Payout: 137.5%
Revenue
$111M

Profitability

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

Cash Flow & Balance Sheet

Operating Cash Flow$109M
Free Cash Flow$109M
Total Debt$395M
Total Assets$1.9B

Price & Trading

Last Close$10.62
50-Day MA$11.27
200-Day MA$11.75
Avg Volume665K
52-Week Range
$10.49
$12.67

About DoubleLine Income Solutions Fund (DSL)

CEO
Mr. Jeffrey Edward Gundlach
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$1.2B
Currency
USD

DoubleLine Funds - DoubleLine Income Solutions Fund is a closed end fixed income mutual fund launched and managed by DoubleLine Capital LP. The fund invests in fixed income markets across the globe. It primarily invests in debt securities issued by domestic or foreign corporate or other issuers, obligations of foreign sovereigns or their agencies or instrumentalities, mortgage-backed securities, hybrid REIT securities that trade on an exchange, bank loans, municipal securities, and other debt securities issued by states or local governments and their agencies, authorities, and other government-sponsored enterprises. DoubleLine Funds - DoubleLine Income Solutions Fund is domiciled in the United States.

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Frequently Asked Questions

Is DoubleLine Income Solutions Fund (DSL) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), DoubleLine Income Solutions 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 Income Solutions Fund's debt ratio?

DoubleLine Income Solutions 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 Income Solutions Fund's key financial metrics?

DoubleLine Income Solutions Fund has a market capitalization of $1.2B, trailing P/E ratio of 11.0, and revenue of $111M.

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.