What is Royce Micro-Cap Trust, Inc.'s Shariah compliance score?

Royce Micro-Cap Trust, Inc.'s (RMT) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Royce Micro-Cap Trust, Inc. pass AAOIFI screening?

Royce Micro-Cap Trust, Inc. (RMT) 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% (RMT: 0.0%), (3) interest-bearing deposits below 30% (RMT: 0.0%), and (4) prohibited income below 5% (RMT: 7.2%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Royce Micro-Cap Trust, Inc. stock?

Royce Micro-Cap Trust, Inc. (RMT) has a non-permissible income ratio of 7.17%. Muslim investors should purify this percentage of any dividends received and capital gains realized from RMT 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 Royce Micro-Cap Trust, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Royce Micro-Cap Trust, Inc. (RMT) 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 RMT's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Royce Micro-Cap Trust, Inc. (RMT) halal? Not Halal. Based on AAOIFI screening, Royce Micro-Cap Trust, Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

RMT: Is Royce Micro-Cap Trust, Inc. Halal?

Not Halal

Royce Micro-Cap Trust, Inc.

NYSEFinancial ServicesUS

$14.10

-0.91%

About Royce Micro-Cap Trust, Inc.

Royce Micro-Cap Trust, Inc. is a closed-ended equity mutual fund launched and managed Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies with market capitalization of less than $500 million. The fund benchmarks the performance of its portfolios against Russell 2000 Index. Royce Micro-Cap Trust, Inc was formed on December 14, 1993 and is domiciled in the United States.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 12, 2026

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Failed

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

Basket-weighted haram holdings exceed 5% (29.5%)

Basket Composition

76% of basket screened

ETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.

49%

29%

21%

Halal49%

Doubtful1%

Haram29%

Unknown21%

Top Holdings

5N Plus Incunknown1.80%SIISprott Inchalal1.56%UCTTUltra Clean Holdings Inchalal1.53%ICHRIchor Holdings Ltdhalal1.50%AGXArgan Incharam1.49%Camtek Ltd/Israelunknown1.35%BELFABel Fuse Inchalal1.33%EZPWEZCORP Incharam1.32%COHUCohu Inchalal1.32%NWPXNWPX Infrastructure Inchalal1.32%

Compliance History

Not Halalnow
since Jun 2026
Under Review
until the change above

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

Screened: Jun 12, 2026Fiscal: N/ASource: FMP-LOOKTHROUGH

Financial Overview

Market Cap

754.0M

Price

$14.10

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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JPMorgan Chase & Co.

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A+

PYPL

PayPal Holdings, Inc.

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

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Frequently Asked Questions

Is Royce Micro-Cap Trust, Inc. (RMT) halal to invest in?

Royce Micro-Cap Trust, Inc. (RMT) 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 Royce Micro-Cap Trust, Inc. get a F compliance rating?

Royce Micro-Cap Trust, Inc.'s compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.

What could change Royce Micro-Cap Trust, Inc.'s Shariah verdict?

Royce Micro-Cap Trust, Inc.'s verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.

How often is Royce Micro-Cap Trust, Inc. re-screened for Shariah compliance?

Royce Micro-Cap Trust, Inc. (RMT) 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 12, 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.