Is PIMCO NEW YORK MUNICIPAL INCOME FUND II (PNI) Halal?
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
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 83.1% | |
| Net Margin | 61.9% | |
| Return on Equity (ROE) | 4.6% | |
| Return on Assets (ROA) | 2.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$65M |
| Free Cash Flow | -$65M |
| Debt-to-Equity | 71.1 |
| Current Ratio | 5.6 |
| Total Assets | $321M |
Price & Trading
| Last Close | $6.71 |
| 50-Day MA | $7.00 |
| 200-Day MA | $6.86 |
| Avg Volume | 58K |
| Beta | 0.8 |
|
52-Week Range
$6.43
| |
About PIMCO NEW YORK MUNICIPAL INCOME FUND II (PNI)
PIMCO New York Municipal Income Fund II is a closed-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in municipal bonds that pay interest that is exempt from federal, New York State, and New York City income tax. It also invests in New York variable rate notes, New York variable rate demand notes, and U.S. treasury bills. The fund employs proprietary analytical models to make its investments. PIMCO New York Municipal Income Fund II was formed on March 29, 2002 and is domiciled in the United States.
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Frequently Asked Questions
Is PIMCO NEW YORK MUNICIPAL INCOME FUND II (PNI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), PIMCO NEW YORK MUNICIPAL INCOME FUND II 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 NEW YORK MUNICIPAL INCOME FUND II's debt ratio?
PIMCO NEW YORK MUNICIPAL INCOME FUND II'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 NEW YORK MUNICIPAL INCOME FUND II's key financial metrics?
PIMCO NEW YORK MUNICIPAL INCOME FUND II has a market capitalization of $75M, and revenue of $7M. The company maintains a gross margin of 100.0% and a net margin of 61.9%. Return on equity stands at 4.6%.
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.