What is Runway Growth Finance Corp.'s Shariah compliance score?

Runway Growth Finance Corp.'s (RWAY) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Runway Growth Finance Corp. pass AAOIFI screening?

Runway Growth Finance Corp. (RWAY) 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% (RWAY: 204.5%), (3) interest-bearing deposits below 30% (RWAY: 8.3%), and (4) prohibited income below 5% (RWAY: 98.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Runway Growth Finance Corp. stock?

Runway Growth Finance Corp. (RWAY) has a non-permissible income ratio of 97.98%. Muslim investors should purify this percentage of any dividends received and capital gains realized from RWAY 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 Runway Growth Finance Corp. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Runway Growth Finance Corp. (RWAY) 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 RWAY's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

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

RWAY: Is Runway Growth Finance Corp. Halal?

Not Halal

Runway Growth Finance Corp.

NASDAQFinancial ServicesUS

$6.52

-0.31%

AvoidBorderlineClean

About Runway Growth Finance Corp.

Runway Growth Finance Corp. is a business development company specializing investments in senior-secured loans to late stage and growth companies. It prefers to make investments in companies engaged in the technology, life sciences, healthcare and information services, business services and select consumer services and products sectors. It prefers to investments in companies engaged in electronic equipment and instruments, systems software, hardware, storage and peripherals and specialized consumer services, application software, healthcare technology, internet software and services, data processing and outsourced services, internet retail, human resources and employment services, biotechnology, healthcare equipment and education services. It invests in senior secured loans between $10 million and $75 million.

Sector: Financial Services · Industry: Financial - Credit Services

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 Cap204.5% / 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

235.6M

Price

$6.52

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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Free · No credit card required

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Frequently Asked Questions

Is Runway Growth Finance Corp. (RWAY) halal to invest in?

Runway Growth Finance Corp. (RWAY) 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 Runway Growth Finance Corp. get a F compliance rating?

Runway Growth Finance Corp. (RWAY) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 204.5% (limit 30%); interest-bearing deposits of 8.3% (limit 30%); prohibited income of 97.98% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Runway Growth Finance Corp.'s Shariah verdict?

Runway Growth Finance 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 Runway Growth Finance Corp. re-screened for Shariah compliance?

Runway Growth Finance Corp. (RWAY) 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.