Is WESTERN ASSET HIGH INCOME OPPORTUNITY FUND INC. (HIO) 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 | 100.0% | |
| Operating Margin | 88.6% | |
| Net Margin | 78.8% | |
| Return on Equity (ROE) | 6.6% | |
| Return on Assets (ROA) | 4.6% |
Cash Flow & Balance Sheet
| Current Ratio | 0.5 |
| Total Assets | $401M |
Price & Trading
| Last Close | $3.58 |
| 50-Day MA | $3.73 |
| 200-Day MA | $3.84 |
| Avg Volume | 460K |
| Beta | 0.5 |
|
52-Week Range
$3.36
| |
About WESTERN ASSET HIGH INCOME OPPORTUNITY FUND INC. (HIO)
Western Asset High Income Opportunity Fund Inc. is a closed ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company and Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States. It seeks to invest in high-yielding corporate debt obligations. The fund seeks to maintain an average duration of around four years with an average credit quality of B. It benchmarks the performance of its portfolio against the Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index. The fund was formerly known as High Income Opportunity Fund. Western Asset High Income Opportunity Fund Inc. was formed on November 16, 1993 and is domiciled in the United States.
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Frequently Asked Questions
Is WESTERN ASSET HIGH INCOME OPPORTUNITY FUND INC. (HIO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), WESTERN ASSET HIGH INCOME OPPORTUNITY 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 WESTERN ASSET HIGH INCOME OPPORTUNITY FUND INC.'s debt ratio?
WESTERN ASSET HIGH INCOME OPPORTUNITY 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 WESTERN ASSET HIGH INCOME OPPORTUNITY FUND INC.'s key financial metrics?
WESTERN ASSET HIGH INCOME OPPORTUNITY FUND INC. has a market capitalization of $337M, trailing P/E ratio of 12.6, and revenue of $27M. The company maintains a gross margin of 100.0% and a net margin of 78.8%. Return on equity stands at 6.6%.
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.