Golub Capital BDC, Inc.

GBDC: Is Golub Capital BDC, Inc. Halal?

Golub Capital BDC, Inc.

NASDAQFinancial ServicesUS

$13.26

-1.04%

Market Cap: 3.5B

Compliance Status

Not Halal

Screened on Aug 31, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates Golub Capital BDC, Inc. (GBDC) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Aug 31, 2026. Source: https://halalscreener.app/en/stock/GBDC

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

143.0% of 30.0% limit

What this means for you

Most scholars advise not holding GBDC

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Golub Capital BDC, Inc.

Golub Capital BDC, Inc. (GBDC) operates as an externally managed, closed-end investment company, specializing as a business development company (BDC) with a non-diversified portfolio management strategy. The firm provides financing through debt instruments and minority equity stakes to middle-market businesses, predominantly those backed by private equity sponsors. GBDC's investment focus covers a diverse range of sectors, including consumer services, automotive, healthcare technology, insurance, medical equipment and supplies, hospitality, foodservice, healthcare providers, IT services, and specialty retail. Its geographical investment mandate is primarily the United States. The company's comprehensive financing offerings include various forms of senior secured debt like first-lien traditional senior debt, "one-stop" facilities, and unitranche loans, alongside junior debt, second-lien, subordinated, and mezzanine loans, as well as direct equity investments and warrants.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 31, 2026

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.

Fiscal: FY 2025Data source: FMP

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Frequently Asked Questions

Is Golub Capital BDC, Inc. (GBDC) halal to invest in?
Golub Capital BDC, Inc. (GBDC) 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 Golub Capital BDC, Inc. get a F compliance rating?
Golub Capital BDC, Inc. (GBDC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 143.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Golub Capital BDC, Inc.'s Shariah verdict?
Golub Capital BDC, 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 Golub Capital BDC, Inc. re-screened for Shariah compliance?
Golub Capital BDC, Inc. (GBDC) 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: Aug 31, 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.