Is Barings BDC, Inc. (BBDC) halal? Not Halal. Based on AAOIFI screening, Barings BDC, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Barings BDC, Inc.

BBDC: Is Barings BDC, Inc. Halal?

Not Halal

Barings BDC, Inc.

NYSEFinancial ServicesUS

$8.24

-2.14%

About Barings BDC, Inc.

Barings BDC, Inc. (NYSE: BBDC) functions as a publicly traded, externally managed Business Development Company (BDC), operating under the regulatory framework of the Investment Company Act of 1940. Its investment strategy primarily involves providing capital through various debt instruments, such as senior secured loans, first and second lien debt, unitranche facilities, and subordinated debt, alongside equity co-investments. These financial solutions are extended to private middle-market companies operating across a diverse array of industries. BBDC's specialization encompasses financial solutions for situations like leveraged buyouts, management buyouts, growth financing, acquisition financings, recapitalizations, and change of control transactions. It also provides mezzanine capital and supports ESOPs for enterprises ranging from the lower middle market to mature and later-stage companies. Its industry exposure spans manufacturing and distribution, business services and technology, transportation and logistics, and consumer products and services. Operating exclusively within the United States, BBDC targets companies with an EBITDA between $10 million and $75 million, frequently those backed by private equity sponsors. Founded on October 10, 2006, Barings BDC, Inc. is headquartered in Charlotte, North Carolina, and also maintains an office in Raleigh.

Sector: Financial Services 路 Industry: Financial - Credit Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
F

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap165.8% / 30.0%

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 18, 2026Fiscal: FY 2025Source: FMP

Financial Overview

Market Cap

862.8M

Price

$8.24

Sector

Financial Services

Industry

Financial - Credit Services

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is Barings BDC, Inc. (BBDC) halal to invest in?
Barings BDC, Inc. (BBDC) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Barings BDC, Inc. get a F compliance rating?
Barings BDC, Inc. (BBDC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 165.8% (limit 30%); interest-bearing deposits of 7.7% (limit 30%); prohibited income of 105.09% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Barings BDC, Inc.'s Shariah verdict?
Barings BDC, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Barings BDC, Inc. re-screened for Shariah compliance?
Barings BDC, Inc. (BBDC) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 18, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.