Goldman Sachs BDC, Inc.

GSBD: Is Goldman Sachs BDC, Inc. Halal?

Goldman Sachs BDC, Inc.

NYSEFinancial ServicesUS

$8.55

-4.26%

Market Cap: 962.5M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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%.

195.1% of 30.0% limit

What this means for you

Most scholars advise not holding GSBD

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Goldman Sachs BDC, Inc.

Goldman Sachs BDC, Inc. functions as a business development company (BDC) with a specific focus on extending capital to privately held, middle-market enterprises, including mezzanine-level investments. Its core objective is to generate capital appreciation, primarily achieved by directly originating various debt instruments. These include both secured debt (such as senior, junior, first lien, first lien/last-out unitranche, and second lien facilities) and unsecured debt, notably mezzanine financing. Equity investments are also made, though to a lesser extent. The company primarily directs its investment efforts toward opportunities within the United States. It typically allocates between $10 million and $75 million per investment, targeting companies that demonstrate annual EBITDA figures ranging from $5 million to $75 million.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 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

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

SPDR Gold Shares
GLDA+

SPDR Gold Shares

$368.41

+0.17%

iShares Silver Trust
SLVA+

iShares Silver Trust

$50.78

+0.47%

Sprott Physical Silver Trust
PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

Sprott Physical Gold Trust
PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

AllianceBernstein Holding L.P.
ABA+

AllianceBernstein Holding L.P.

$36.03

-1.13%

More Financial Services Stocks

JPM

JPMorgan Chase & Co.

F

V

Visa Inc.

A

MA

Mastercard Incorporated

A+

PYPL

PayPal Holdings, Inc.

C+

BAC

Bank of America Corporation

F

WFC

Wells Fargo & Company

F
Free · No credit card required

Track GSBD and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started FreeBrowse Screener
10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Goldman Sachs BDC, Inc. (GSBD) halal to invest in?
Goldman Sachs BDC, Inc. (GSBD) 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 Goldman Sachs BDC, Inc. get a F compliance rating?
Goldman Sachs BDC, Inc. (GSBD) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 195.1% (limit 30%); interest-bearing deposits of 4.5% (limit 30%); prohibited income of 148.99% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Goldman Sachs BDC, Inc.'s Shariah verdict?
Goldman Sachs 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 Goldman Sachs BDC, Inc. re-screened for Shariah compliance?
Goldman Sachs BDC, Inc. (GSBD) 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: Jul 18, 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.