As of August 2026, Blackstone Long-Short Credit Income Fund is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Blackstone Long-Short Credit Income Fund. Stock Analysis BGX
United States N/A Micro Cap
Blackstone Long-Short Credit Income Fund is a US-based company operating in industry. The company is headquartered in New York City, New York. The company went IPO on 2011-01-27. Blackstone Long-Short Credit Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide current income, with a secondary objective of capital appreciation. The Fund will take long positions in investments which it believes offer the potential for attractive returns under various economic and interest rate environments. BGX may also take short positions in investments which it believes will underperform due to a greater sensitivity to earnings growth of the issuer, default risk or the general level and direction of interest rates. The company must hold no less than 70% of its Managed Assets in first and second lien secured loans (Secured Loans) but may also invest in unsecured loans and high-yield bonds. The Fund invests in various sectors, which include aerospace and defense, beverages, building products, and others. Blackstone Liquid Credit Strategies LLC serves as an investment advisor for the Fund.
Blackstone Long-Short Credit Income Fund (BGX) Chart
Financial Metrics & Statements of Blackstone Long-Short Credit Income Fund (BGX)
FAQ's for Blackstone Long-Short Credit Income Fund (BGX)
As of August 2026, Blackstone Long-Short Credit Income Fund BGX 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 Blackstone Long-Short Credit Income Fund using these criteria to determine its compliance status.
Muslim investors may consider investing in Blackstone Long-Short Credit Income Fund 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 Blackstone Long-Short Credit Income Fund 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 Blackstone Long-Short Credit Income Fund 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 Blackstone Long-Short Credit Income Fund 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 Blackstone Long-Short Credit Income Fund (BGX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.