Is Western Asset High Yield Opportunity Fund Inc. (HYI) Halal?

NYSE Financial Services United States $134M
✗ NOT HALAL
Confidence: 95/100
Western Asset High Yield Opportunity Fund Inc. (HYI) 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 May 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
14.0
EPS
$0.75
Dividend Yield
1088.0%
Payout: 152.0%
Revenue
$22M

Profitability

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

Cash Flow & Balance Sheet

Total Assets$274M

Price & Trading

Last Close$10.56
50-Day MA$11.04
200-Day MA$11.46
Avg Volume50K
52-Week Range
$10.48
$12.13

About Western Asset High Yield Opportunity Fund Inc. (HYI)

CEO
Mr. Kenneth Donald Fuller
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$134M
Currency
USD

Western Asset High Yield Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Pte. Ltd., Western Asset Management Company Ltd and Western Asset Management Company Limited. It invests fixed income markets across the globe. The fund invests in high-yield corporate fixed income securities with varying maturities. It invests in below investment grade fixed income securities. Western Asset High Yield Opportunity Fund Inc. was formed on July 20, 2010 and is domiciled in the United States.

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Frequently Asked Questions

Is Western Asset High Yield Opportunity Fund Inc. (HYI) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Western Asset High Yield 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 Yield Opportunity Fund Inc.'s debt ratio?

Western Asset High Yield 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 Yield Opportunity Fund Inc.'s key financial metrics?

Western Asset High Yield Opportunity Fund Inc. has a market capitalization of $134M, trailing P/E ratio of 14.0, and revenue of $22M.

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.