Is XAI Octagon Floating Rate & Alternative Income Trust (XFLT) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 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 | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $43M |
| Free Cash Flow | $43M |
| Total Debt | $201M |
| Total Assets | $739M |
Price & Trading
| Last Close | $17.02 |
| 50-Day MA | $19.11 |
| 200-Day MA | $24.20 |
| Avg Volume | 146K |
|
52-Week Range
$14.93
| |
About XAI Octagon Floating Rate & Alternative Income Trust (XFLT)
XAI Octagon Floating Rate & Alternative Income Trust is headquartered in Chicago, Illinois.
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Frequently Asked Questions
Is XAI Octagon Floating Rate & Alternative Income Trust (XFLT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), XAI Octagon Floating Rate & Alternative Income Trust 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 XAI Octagon Floating Rate & Alternative Income Trust's debt ratio?
XAI Octagon Floating Rate & Alternative Income Trust's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are XAI Octagon Floating Rate & Alternative Income Trust's key financial metrics?
XAI Octagon Floating Rate & Alternative Income Trust has a market capitalization of $257M, trailing P/E ratio of 21.1, and revenue of $20M.
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.