What is Oxford Lane Capital Corp.'s Shariah compliance score?

Oxford Lane Capital Corp.'s (OXLC) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Oxford Lane Capital Corp. pass AAOIFI screening?

Oxford Lane Capital Corp. (OXLC) 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% (OXLC: 88.0%), (3) interest-bearing deposits below 30% (OXLC: 11.0%), and (4) prohibited income below 5% (OXLC: 118.5%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Oxford Lane Capital Corp. stock?

Oxford Lane Capital Corp. (OXLC) has a non-permissible income ratio of 118.46%. Muslim investors should purify this percentage of any dividends received and capital gains realized from OXLC 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 Oxford Lane Capital Corp. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Oxford Lane Capital Corp. (OXLC) 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 OXLC's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

OXLC: Is Oxford Lane Capital Corp. Halal?

Oxford Lane Capital Corp.

NASDAQFinancial ServicesUS

$8.44

+1.44%

Market Cap: 823.7M

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Oxford Lane Capital Corp. (OXLC) halal? Not Halal. Based on AAOIFI screening, Oxford Lane Capital Corp. 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%.

88.0% of 30.0% limit

What this means for you

Most scholars advise not holding OXLC

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Oxford Lane Capital Corp.

Managed by Oxford Lane Management LLC, Oxford Lane Capital Corp. is a closed-end fund primarily focused on fixed income securities. Its investment approach involves allocating capital to securitization vehicles, which subsequently invest in senior secured loans. These loans are extended to companies whose debt is either unrated or falls below investment grade. Oxford Lane Capital Corp. was established in the United States on June 9, 2010.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 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 2026Data 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:

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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%

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Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is Oxford Lane Capital Corp. (OXLC) halal to invest in?

Oxford Lane Capital Corp. (OXLC) 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 Oxford Lane Capital Corp. get a F compliance rating?

Oxford Lane Capital Corp. (OXLC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 88.0% (limit 30%); interest-bearing deposits of 11.0% (limit 30%); prohibited income of 118.46% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Oxford Lane Capital Corp.'s Shariah verdict?

Oxford Lane 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 Oxford Lane Capital Corp. re-screened for Shariah compliance?

Oxford Lane Capital Corp. (OXLC) 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 17, 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.