Is Calamos Convertible and High Income Fund halal to invest in?

According to Musaffa's Shariah screening methodology, Calamos Convertible and High Income Fund (CHY) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Calamos Convertible and High Income Fund a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Calamos Convertible and High Income Fund using these criteria to determine its compliance status.

Can Muslims buy shares of Calamos Convertible and High Income Fund?

Muslim investors may consider investing in Calamos Convertible and High 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.

Why is Calamos Convertible and High Income Fund classified as NOT HALAL?

Musaffa determines the Shariah status of Calamos Convertible and High Income Fund by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Calamos Convertible and High Income Fund updated?

The Shariah compliance status of Calamos Convertible and High Income Fund may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Calamos Convertible and High Income Fund become non-compliant?

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.

Where can I check the Shariah status of Calamos Convertible and High Income Fund?

You can check the latest Shariah compliance status of Calamos Convertible and High Income Fund on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

CHY Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 27, 2026

Report Source: 2025 Annual Report

Calamos Convertible and High Income Fund. Stock Analysis CHY

United States N/A Small Cap Report: 2025 Annual

Calamos Convertible and High Income Fund is a US-based company operating in industry. The company is headquartered in Naperville, Illinois. The company went IPO on 2003-05-28. Calamos Convertible and High Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide total return through a combination of capital appreciation and current income. Under normal circumstances, the Fund invests at least 80% of its managed assets in a diversified portfolio of convertibles and below investment grade (high yield) non-convertible debt securities. The Fund invests at least 20% of its managed assets in convertible securities and at least 20% of its managed assets in below investment grade (high yield/high risk) non-convertible debt securities. The Fund invests in securities with a broad range of maturities. The average term to maturity of the Fund’s securities typically ranges from two to ten years. The Fund's derivative activities are focused on various derivatives, such as interest rate swaps, convertible securities and index options. The Fund's investment adviser is Calamos Advisors LLC.

Key Statistics of Calamos Convertible and High Income Fund (CHY)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$12.53$12.90

Today's Open

$12.89

Volume

181.66K

P/E Ratio (TTM)

5.78

52 Week Range

$10.20$13.11

Market Cap

957.10M

Avg. Volume

222.86K

Dividend Yield

8.22%

Financial Metrics & Statements of Calamos Convertible and High Income Fund (CHY)

FAQ's for Calamos Convertible and High Income Fund (CHY)

According to Musaffa’s Shariah screening methodology, Calamos Convertible and High Income Fund (CHY) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.