What is Morgan Stanley Direct Lending Fund's Shariah compliance score?

Morgan Stanley Direct Lending Fund's (MSDL) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Morgan Stanley Direct Lending Fund pass AAOIFI screening?

Morgan Stanley Direct Lending Fund (MSDL) 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% (MSDL: 158.6%), (3) interest-bearing deposits below 30% (MSDL: 6.2%), and (4) prohibited income below 5% (MSDL: 96.1%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Morgan Stanley Direct Lending Fund stock?

Morgan Stanley Direct Lending Fund (MSDL) has a non-permissible income ratio of 96.08%. Muslim investors should purify this percentage of any dividends received and capital gains realized from MSDL 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 Morgan Stanley Direct Lending Fund for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Morgan Stanley Direct Lending Fund (MSDL) 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 MSDL's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

MSDL: Is Morgan Stanley Direct Lending Fund Halal?

Morgan Stanley Direct Lending Fund

NYSEFinancial ServicesUS

$15.52

+0.45%

Market Cap: 1.3B

Compliance Status

Not Halal

Screened on Jul 15, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Morgan Stanley Direct Lending Fund (MSDL) halal? Not Halal. Based on AAOIFI screening, Morgan Stanley Direct Lending Fund passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

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%.

158.6% of 30.0% limit

What this means for you

Most scholars advise not holding MSDL

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Morgan Stanley Direct Lending Fund

Morgan Stanley Direct Lending Fund functions as a business development company (BDC) specializing in finance, primarily providing capital to mid-sized enterprises. Its investment strategy focuses on directly originating and funding senior secured term loans, encompassing both first-lien and second-lien security interests. This entity commenced operations on May 30, 2019, and maintains its principal headquarters in New York City.

Sector: Financial Services · Industry: Financial - Conglomerates

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 15, 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:

GLDA+

SPDR Gold Shares

$368.41

+0.17%

SLVA+

iShares Silver Trust

$50.78

+0.47%

PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

ABA+

AllianceBernstein Holding L.P.

$36.03

-1.13%

More Financial Services Stocks

JPM

JPMorgan Chase & Co.

Visa Inc.

Mastercard Incorporated

A+

PYPL

PayPal Holdings, Inc.

C+

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

Track MSDL 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 Free Browse Screener

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Morgan Stanley Direct Lending Fund (MSDL) halal to invest in?

Morgan Stanley Direct Lending Fund (MSDL) 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 Morgan Stanley Direct Lending Fund get a F compliance rating?

Morgan Stanley Direct Lending Fund (MSDL) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 158.6% (limit 30%); interest-bearing deposits of 6.2% (limit 30%); prohibited income of 96.08% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Morgan Stanley Direct Lending Fund's Shariah verdict?

Morgan Stanley Direct Lending Fund'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 Morgan Stanley Direct Lending Fund re-screened for Shariah compliance?

Morgan Stanley Direct Lending Fund (MSDL) 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 15, 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.