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Shariah compliance overview

Not Halal

Calamos Convertible and High Income Fund (CHY) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Calamos Convertible and High Income Fund

The Calamos Convertible and High Income Fund operates as a closed-end investment vehicle concentrating on fixed income, originally sponsored by Calamos Investments LLC and presently managed by Calamos Advisors LLC.

Calamos Convertible and High Income Fund (CHY) operates in the Financial Services sector, in the Asset Management - Income industry.

Why it is not classified as halal: it does not pass these screens: Business Activity, Interest-bearing debt.

Business Activity
13.49%Limit 5%Fail
Interest-bearing debt
50.92%Limit 30%Fail
Interest-bearing securities and assets
3.98%Limit 30%Pass
Dividend purification
13.49%Share of dividends to give to charityPurification calculator

Last updated: Oct 23, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Calamos Convertible and High Income Fund (CHY). Current Akinda screening label: Not Halal.