Is BLACKROCK FLOATING RATE INCOME STRATEGIES FUND, INC. (FRA) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 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 | 89.4% | |
| Net Margin | 55.8% | |
| Return on Equity (ROE) | 5.5% | |
| Return on Assets (ROA) | 4.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $77M |
| Free Cash Flow | $77M |
| Total Debt | $117M |
| Debt-to-Equity | 27.3 |
| Current Ratio | 0.3 |
| Total Assets | $560M |
Price & Trading
| Last Close | $10.69 |
| 50-Day MA | $11.37 |
| 200-Day MA | $12.35 |
| Avg Volume | 235K |
| Beta | 0.4 |
|
52-Week Range
$10.50
| |
About BLACKROCK FLOATING RATE INCOME STRATEGIES FUND, INC. (FRA)
BlackRock Floating Rate Income Strategies Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in floating rate debt securities and instruments consisting of secured or unsecured senior floating rate loans that are rated below investment grade. BlackRock Floating Rate Income Strategies Fund, Inc. was formed on October 31, 2003 and is domiciled in the United States.
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Frequently Asked Questions
Is BLACKROCK FLOATING RATE INCOME STRATEGIES FUND, INC. (FRA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), BLACKROCK FLOATING RATE INCOME STRATEGIES FUND, INC. 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 BLACKROCK FLOATING RATE INCOME STRATEGIES FUND, INC.'s debt ratio?
BLACKROCK FLOATING RATE INCOME STRATEGIES FUND, INC.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are BLACKROCK FLOATING RATE INCOME STRATEGIES FUND, INC.'s key financial metrics?
BLACKROCK FLOATING RATE INCOME STRATEGIES FUND, INC. has a market capitalization of $373M, trailing P/E ratio of 15.1, and revenue of $25M. The company maintains a gross margin of 100.0% and a net margin of 55.8%. Return on equity stands at 5.5%.
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.