Mount Logan Capital Inc.

MLCI: Is Mount Logan Capital Inc. Halal?

Mount Logan Capital Inc.

NASDAQFinancial ServicesUS

$3.27

+4.81%

Market Cap: 36.6M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Mount Logan Capital Inc. (MLCI) halal? Not Halal. Based on AAOIFI screening, Mount Logan Capital 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%.

268.0% of 30.0% limit

What this means for you

Most scholars advise not holding MLCI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Mount Logan Capital Inc.

Mount Logan Capital Inc., through its subsidiaries, provides asset management and insurance solutions in the United States. It operates in two segments, Asset Management and Insurance Solutions. The company focuses on private credit across senior secured lending, asset-based and specialty finance, structured and other credit, venture and other lending, and select equity-linked solutions. It also provides underwriting, portfolio construction, and risk management solutions; investment advisory and management services; and reinsuring annuity products for individuals seeking to fund retirement needs. The company was formerly known as Marret Resource Corp. and changed its name to Mount Logan Capital Inc. in October 2018. Mount Logan Capital Inc. is headquartered in New York, New York.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: EDGAR

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

Is Mount Logan Capital Inc. (MLCI) halal to invest in?
Mount Logan Capital Inc. (MLCI) 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 Mount Logan Capital Inc. get a F compliance rating?
Mount Logan Capital Inc. (MLCI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 268.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Mount Logan Capital Inc.'s Shariah verdict?
Mount Logan Capital 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 Mount Logan Capital Inc. re-screened for Shariah compliance?
Mount Logan Capital Inc. (MLCI) 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 26, 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.