Is BLACKROCK CORPORATE HIGH YIELD FUND, INC. (HYT) Halal?

NYSE Financial Services United States $1.3B
✗ NOT HALAL
Confidence: 95/100
BLACKROCK CORPORATE HIGH YIELD FUND, INC. (HYT) 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 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

P/E Ratio
9.1
EPS
$0.91
Dividend Yield
1132.0%
Payout: 102.7%
P/B Ratio
0.9
Revenue
$147M
Growth: 4.1%
Beta
0.6
Low volatility
Current Ratio
0.1

Profitability

Gross Margin 100.0%
Operating Margin 91.3%
Net Margin 97.8%
Return on Equity (ROE) 9.5%
Return on Assets (ROA) 4.3%

Cash Flow & Balance Sheet

Operating Cash Flow$21M
Free Cash Flow$21M
Total Debt$444M
Debt-to-Equity28.2
Current Ratio0.1
Total Assets$2.0B

Price & Trading

Last Close$8.35
50-Day MA$8.76
200-Day MA$9.30
Avg Volume1.2M
Beta0.6
52-Week Range
$7.84
$9.88

About BLACKROCK CORPORATE HIGH YIELD FUND, INC. (HYT)

CEO
Mr. Charles Choon Sik Park
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$1.3B
Currency
USD

BlackRock Corporate High Yield 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 fixed income markets across the globe. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in bonds rated Ba or lower by Moody's Investors Service, Inc., or BB or lower by Standard & Poor's Corporation. The fund seeks to invest in domestic and foreign high yield securities, including high yield bonds, corporate loans, convertible debt securities, and preferred securities which are below investment grade quality. It was formerly known as BlackRock Corporate High Yield Fund VI, Inc. BlackRock Corporate High Yield Fund, Inc. was formed on May 30, 2003 and is domiciled in the United States.

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Frequently Asked Questions

Is BLACKROCK CORPORATE HIGH YIELD FUND, INC. (HYT) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), BLACKROCK CORPORATE HIGH YIELD 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 CORPORATE HIGH YIELD FUND, INC.'s debt ratio?

BLACKROCK CORPORATE HIGH YIELD 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 CORPORATE HIGH YIELD FUND, INC.'s key financial metrics?

BLACKROCK CORPORATE HIGH YIELD FUND, INC. has a market capitalization of $1.3B, trailing P/E ratio of 9.1, and revenue of $147M. The company maintains a gross margin of 100.0% and a net margin of 97.8%. Return on equity stands at 9.5%.

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.