Is PIMCO CALIFORNIA MUNICIPAL INCOME FUND (PCQ) Halal?

NYSE Financial Services United States $160M
✗ NOT HALAL
Confidence: 95/100
PIMCO CALIFORNIA MUNICIPAL INCOME FUND (PCQ) 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
281.3
EPS
$0.03
Dividend Yield
512.0%
Payout: 1440.0%
P/B Ratio
0.9
Revenue
$33M
Growth: 164.9%
Beta
0.4
Low volatility
Current Ratio
0.9

Profitability

Gross Margin 100.0%
Operating Margin 83.6%
Net Margin 122.4%
Return on Equity (ROE) 8.7%
Return on Assets (ROA) 2.1%

Cash Flow & Balance Sheet

Operating Cash Flow-$243M
Free Cash Flow-$243M
Debt-to-Equity72.1
Current Ratio0.9
Total Assets$983M

Price & Trading

Last Close$8.52
50-Day MA$8.92
200-Day MA$8.70
Avg Volume168K
Beta0.4
52-Week Range
$8.13
$9.19

About PIMCO CALIFORNIA MUNICIPAL INCOME FUND (PCQ)

CEO
Mr. David Hammer
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$160M
Currency
USD

PIMCO California Municipal Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in municipal bonds. PIMCO California Municipal Income Fund was formed on June 29, 2001 and is domiciled in New York.

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Frequently Asked Questions

Is PIMCO CALIFORNIA MUNICIPAL INCOME FUND (PCQ) halal to invest in?

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

PIMCO CALIFORNIA MUNICIPAL INCOME 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 CALIFORNIA MUNICIPAL INCOME FUND's key financial metrics?

PIMCO CALIFORNIA MUNICIPAL INCOME FUND has a market capitalization of $160M, trailing P/E ratio of 281.3, and revenue of $33M. The company maintains a gross margin of 100.0% and a net margin of 122.4%. Return on equity stands at 8.7%.

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.