BCIC: Is BCP Investment Corporation Halal?
BCP Investment Corporation
$6.94
Market Cap: 85.9M
Compliance Status
Not Halal
Screened on Sep 22, 2026 · AAOIFI Standard 21
Non-Compliant
Is BCP Investment Corporation (BCIC) halal? Not Halal. Based on AAOIFI screening, BCP Investment Corporation passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
Quote this verdict
HalalScreener rates BCP Investment Corporation (BCIC) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 22, 2026. Source: https://halalscreener.app/en/stock/BCIC
Business activity
What the company sells is permissible.
Company debt
Over the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
What this means for you
Most scholars advise not holding BCIC
It does not pass AAOIFI Shariah screening.
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About BCP Investment Corporation
BCP Investment Corporation (BCIC) operates as a business development company, primarily focused on providing capital solutions to middle-market businesses. The firm engages in a diverse array of financing strategies, including various forms of debt such as unitranche loans (even those designated "last out"), first and second lien debt, and subordinated or mezzanine financing. Additionally, BCIC undertakes equity co-investments and direct buyouts. Beyond its core investment activities, the company strategically acquires complementary businesses to enhance its operations. BCIC's investment focus spans a broad spectrum of industries. Key sectors include healthcare, logistics and distribution, manufacturing, industrial and environmental services, media and telecommunications, real estate, education, automotive, agriculture, aerospace and defense, packaging, electronics, financial services, consumer goods (both durable and non-durable), business services, utilities, insurance, and the food and beverage industry. Typically, the firm commits between $1 million and $20 million to its portfolio companies. Specific investment ranges and maturities are as follows: Senior Secured Term Loans: $2 million to $20 million, with maturities of five to seven years. Second Lien Term Loans: $5 million to $15 million, maturing in six to eight years. Senior Unsecured Loans: $5 million to $23 million, with terms of six to eight years. Mezzanine Loans: $5 million to $15 million, maturing in seven to ten years. Equity Investments: $1 million to $5 million. The firm generally seeks companies generating EBITDA between $5 million and $25 million. However, for its debt investments, BCIC broadens its scope to include middle-market firms with EBITDA ranging from $10 million to $50 million, or those carrying total debt between $25 million and $150 million (or both criteria). BCIC is flexible in its equity participation, taking minority, majority, or even controlling stakes, frequently partnering alongside private equity sponsors.
Sector: Financial Services · Industry: Asset Management
Why this does not pass
- Interest-bearing debt is 319.1% of market cap, over the 30% AAOIFI limit.
Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.
Shariah Compliance Status
See which ratio caused the failure.
See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.
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Compliance History
Not Halalnow
since Aug 2026
Under Review
until the change above
Not Halal
until the change above
Tracked since Aug 2026. Updates automatically on each re-screen.
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
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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.