Is PIMCO CORPORATE & INCOME STRATEGY FUND (PCN) Halal?

NYSE Financial Services United States $843M
✗ NOT HALAL
Confidence: 95/100
PIMCO CORPORATE & INCOME STRATEGY FUND (PCN) 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 June 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
9.0
EPS
$1.27
Dividend Yield
1181.0%
Payout: 106.3%
P/B Ratio
1.0
Revenue
$95M
Growth: 3.8%
Beta
0.9
Average volatility
Current Ratio
0.2

Profitability

Gross Margin 100.0%
Operating Margin 92.4%
Net Margin 99.2%
Return on Equity (ROE) 10.6%
Return on Assets (ROA) 5.2%

Cash Flow & Balance Sheet

Operating Cash Flow$12M
Free Cash Flow$12M
Total Debt$54M
Debt-to-Equity20.1
Current Ratio0.2
Total Assets$916M

Price & Trading

Last Close$11.59
50-Day MA$12.49
200-Day MA$12.75
Avg Volume384K
Beta0.9
52-Week Range
$11.30
$13.70

About PIMCO CORPORATE & INCOME STRATEGY FUND (PCN)

Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$843M
Currency
USD

PIMCO Corporate & Income Strategy Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in fixed income securities such as treasury bonds, corporate notes, U.S. government agency securities, mortgage backed and asset-backed securities. The fund employs fundamental analysis with a top-down security selection process to create its portfolio. The fund was formerly known as PIMCO Corporate Income Fund. PIMCO Corporate & Income Strategy Fund was formed on October 17, 2001 and is domiciled in the United States.

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Frequently Asked Questions

Is PIMCO CORPORATE & INCOME STRATEGY FUND (PCN) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), PIMCO CORPORATE & INCOME STRATEGY 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 PIMCO CORPORATE & INCOME STRATEGY FUND's debt ratio?

PIMCO CORPORATE & INCOME STRATEGY 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 PIMCO CORPORATE & INCOME STRATEGY FUND's key financial metrics?

PIMCO CORPORATE & INCOME STRATEGY FUND has a market capitalization of $843M, trailing P/E ratio of 9.0, and revenue of $95M. The company maintains a gross margin of 100.0% and a net margin of 99.2%. Return on equity stands at 10.6%.

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.