Neostellar Capital Corp.

NSLR: Is Neostellar Capital Corp. Halal?

Neostellar Capital Corp.

NASDAQFinancial ServicesUS

$10.29

+4.26%

Market Cap: 272.4M

Compliance Status

Doubtful

Screened on Aug 26, 2026 · AAOIFI Standard 21

C+

Fair

54Score

Is Neostellar Capital Corp. (NSLR) halal? Doubtful. Based on AAOIFI screening, Neostellar Capital Corp. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 54/100 (Grade: C+).

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

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

25.6% of 30.0% limit

What this means for you

You may own NSLR, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purification amount is Pro

We have screened NSLR's prohibited income, but the exact share you would need to purify is part of Pro.

About Neostellar Capital Corp.

Neostellar Capital Corp. is a venture capital, mezzanine, secondary(direct) and business development company specializing in growth capital, emerging growth, late stage and venture capital-backed private companies. It prefers to invest in energy and utilities, consumer, technology, media and communication sectors. The company prefers to invest in United States of America and Canada. The firm only seeks minority stakes. Neostellar Capital Corp. was formerly known as SuRo Capital Corp. and changed its name to Neostellar Capital Corp. in July 2026. The company was founded in 2010 and is based in San Francisco, California.

Sector: Financial Services · Industry: Asset Management

Why This Stock Is Doubtful

  • Debt is 25.6% of market cap, only 4.4 points below the 30% AAOIFI limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Doubtful, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is Neostellar Capital Corp. (NSLR) halal to invest in?
Neostellar Capital Corp. (NSLR) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did Neostellar Capital Corp. get a C+ compliance rating?
Neostellar Capital Corp. (NSLR) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 25.6% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Neostellar Capital Corp.'s Shariah verdict?
Neostellar Capital Corp.'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 Neostellar Capital Corp. re-screened for Shariah compliance?
Neostellar Capital Corp. (NSLR) 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.