Is WESTERN ASSET PREMIER BOND FUND (WEA) 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 | 89.6% | |
| Net Margin | 100.3% | |
| Return on Equity (ROE) | 10.3% | |
| Return on Assets (ROA) | 3.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $11M |
| Free Cash Flow | $11M |
| Total Debt | $65M |
| Debt-to-Equity | 47.9 |
| Current Ratio | 0.4 |
| Total Assets | $203M |
Price & Trading
| Last Close | $10.42 |
| 50-Day MA | $10.94 |
| 200-Day MA | $11.00 |
| Avg Volume | 34K |
| Beta | 0.5 |
|
52-Week Range
$10.16
| |
About WESTERN ASSET PREMIER BOND FUND (WEA)
Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. The fund is co-managed by Western Asset Management Company Limited, Western Asset Management Company Pte. Ltd., and Western Asset Management Company Ltd. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade bonds, including corporate bonds, U.S. government and agency securities, and mortgage related securities. It seeks to maintain an average duration of around two to three years with an average credit quality of BBB. The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Corporate High Yield Index and the Barclays Capital U.S. Credit Index. Western Asset Premier Bond Fund was formed on March 28, 2002 and is domiciled in the United States.
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Frequently Asked Questions
Is WESTERN ASSET PREMIER BOND FUND (WEA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), WESTERN ASSET PREMIER BOND 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 WESTERN ASSET PREMIER BOND FUND's debt ratio?
WESTERN ASSET PREMIER BOND 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 WESTERN ASSET PREMIER BOND FUND's key financial metrics?
WESTERN ASSET PREMIER BOND FUND has a market capitalization of $122M, trailing P/E ratio of 8.8, and revenue of $14M. The company maintains a gross margin of 100.0% and a net margin of 100.3%. Return on equity stands at 10.3%.
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.