What is Oxford Lane Capital Corp.'s Shariah compliance score?

Oxford Lane Capital Corp.'s (OXLC) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Oxford Lane Capital Corp. pass AAOIFI screening?

Oxford Lane Capital Corp. (OXLC) 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% (OXLC: 90.2%), (3) interest-bearing deposits below 30% (OXLC: 11.3%), and (4) prohibited income below 5% (OXLC: 118.5%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Oxford Lane Capital Corp. stock?

Oxford Lane Capital Corp. (OXLC) has a non-permissible income ratio of 118.46%. Muslim investors should purify this percentage of any dividends received and capital gains realized from OXLC 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 Oxford Lane Capital Corp. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Oxford Lane Capital Corp. (OXLC) 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 OXLC's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Oxford Lane Capital Corp. (OXLC) halal? Not Halal. Based on AAOIFI screening, Oxford Lane Capital Corp. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

OXLC: Is Oxford Lane Capital Corp. Halal?

Not Halal

Oxford Lane Capital Corp.

NASDAQFinancial ServicesUS

$9.91

-0.70%

AvoidBorderlineClean

About Oxford Lane Capital Corp.

Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated. Oxford Lane Capital Corp was formed on June 9, 2010 and is domiciled in the United States.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 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 Cap90.2% / 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 17, 2026Fiscal: FY 2026Source: FMP

Financial Overview

Market Cap

967.2M

Price

$9.91

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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JPM

JPMorgan Chase & Co.

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A+

PYPL

PayPal Holdings, Inc.

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is Oxford Lane Capital Corp. (OXLC) halal to invest in?

Oxford Lane Capital Corp. (OXLC) 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 Oxford Lane Capital Corp. get a F compliance rating?

Oxford Lane Capital Corp. (OXLC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 90.2% (limit 30%); interest-bearing deposits of 11.3% (limit 30%); prohibited income of 118.46% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Oxford Lane Capital Corp.'s Shariah verdict?

Oxford Lane Capital Corp.'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 Oxford Lane Capital Corp. re-screened for Shariah compliance?

Oxford Lane Capital Corp. (OXLC) 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 17, 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.