What is MSC Income Fund, Inc.'s Shariah compliance score?

MSC Income Fund, Inc.'s (MSIF) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does MSC Income Fund, Inc. pass AAOIFI screening?

MSC Income Fund, Inc. (MSIF) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (MSIF: 113.4%), (3) interest-bearing deposits below 30% (MSIF: 3.9%), and (4) prohibited income below 5% (MSIF: 107.3%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for MSC Income Fund, Inc. stock?

MSC Income Fund, Inc. (MSIF) has a non-permissible income ratio of 107.33%. Muslim investors should purify this percentage of any dividends received and capital gains realized from MSIF shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen MSC Income Fund, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for MSC Income Fund, Inc. (MSIF) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about MSIF's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

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

MSIF: Is MSC Income Fund, Inc. Halal?

Not Halal

MSC Income Fund, Inc.

NYSEFinancial ServicesUS

$12.10

-1.71%

AvoidBorderlineClean

About MSC Income Fund, Inc.

MSC Income Fund, Inc. is a Business Development Company specializing in middle market debt and debt and equity investments in lower middle market companies. The fund seeks to invest in management buyouts, recapitalizations, growth financings, refinancing and acquisitions of companies. It invests in companies with revenue between $10 million and $150 million.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 11, 2026

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 Cap113.4% / 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 11, 2026Fiscal: FY 2025Source: FMP

Financial Overview

Market Cap

548.7M

Price

$12.10

Sector

Financial Services

Industry

Asset Management

Halal Alternatives in Financial Services

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

GLDA+

SPDR Gold Shares

$388.60

+0.17%

SLVA+

iShares Silver Trust

$60.61

+0.47%

ABA+

AllianceBernstein Holding L.P.

$36.03

-1.13%

IPCXA+

Inflection Point Acquisition Corp. III

$10.31

+0.00%

AXINA+

Axiom Intelligence Acquisition Corp 1

$10.42

+0.29%

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Free · No credit card required

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Frequently Asked Questions

Is MSC Income Fund, Inc. (MSIF) halal to invest in?

MSC Income Fund, Inc. (MSIF) 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 MSC Income Fund, Inc. get a F compliance rating?

MSC Income Fund, Inc. (MSIF) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 113.4% (limit 30%); interest-bearing deposits of 3.9% (limit 30%); prohibited income of 107.33% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change MSC Income Fund, Inc.'s Shariah verdict?

MSC Income Fund, 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 MSC Income Fund, Inc. re-screened for Shariah compliance?

MSC Income Fund, Inc. (MSIF) 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 11, 2026.

Screened according to AAOIFI Standard No. 21 · 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.