BlackRock Floating Rate Income Trust BGT
$10.86 $0.02 (0.18%) 1D
Last Updated: Aug 21, 12:00 AM·NYSE
Pricing for US stocks is delayed by 24 hours
BGT Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, BlackRock Floating Rate Income Trust is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
BlackRock Floating Rate Income Trust. Stock Analysis BGT
United States N/A Small Cap BlackRock Floating Rate Income Trust is a US-based company operating in industry. The company is headquartered in Wilmington, Delaware. The company went IPO on 2004-08-26. BlackRock Floating Rate Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust's investment objective is to provide a high level of current income. The Trust's secondary objective seeks the preservation of capital to the extent consistent with its primary objective of high current income. The company invests at least 80% of its managed assets in floating and variable rate instruments of United States (U.S.) and non-U.S. issuers, including a substantial portion of its assets in senior, secured loans made to corporate and other business entities. The company may invest directly in such securities or synthetically through the use of derivatives. The company may invest up to 20% of its managed assets in fixed rate instruments of U.S. and non-U.S. issuers, including developed and emerging markets debt, investment grade and high yield corporate debt, sovereign debt, and mortgage-related and asset-backed securities. The Trust's investment manager is BlackRock Advisors, LLC.
BlackRock Floating Rate Income Trust (BGT) Chart
Financial Metrics & Statements of BlackRock Floating Rate Income Trust (BGT)
FAQ's for BlackRock Floating Rate Income Trust (BGT)
- As of August 2026, BlackRock Floating Rate Income Trust BGT is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes BlackRock Floating Rate Income Trust using these criteria to determine its compliance status.
- Muslim investors may consider investing in BlackRock Floating Rate Income Trust if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of BlackRock Floating Rate Income Trust by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of BlackRock Floating Rate Income Trust may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of BlackRock Floating Rate Income Trust on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for BlackRock Floating Rate Income Trust (BGT)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
