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: 0.0%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

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

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Oxford Lane Capital Corp. (OXLC) 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 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. 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

$9.61

-1.23%

Market Cap: 937.9M

Compliance Status

Not Halal

Screened on Sep 2, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Oxford Lane Capital Corp. (OXLC) halal? Not Halal. Based on AAOIFI screening, Oxford Lane Capital Corp. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Oxford Lane Capital Corp. (OXLC) Not Halal, 0/100, grade F under AAOIFI Standard 21 look-through, screened Sep 2, 2026. Source: https://halalscreener.app/en/stock/OXLC

Basket rule

Over the limit

An ETF is halal when non-compliant holdings stay under 5% of the basket by weight.

96.4% of 5.0% limit

96% of the basket's holdings were screened individually.

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 Sep 2, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Basket-weighted haram holdings exceed 5% (96.4%)

Basket Composition

96% of basket screened

ETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.

96%

Halal0%

Doubtful0%

Not Halal96%

Unknown4%

Top Holdings

First American Government Obligations FundNot Halal3.44%CIFC Funding LtdNot Halal2.03%Magnetite Xlv LtdNot Halal1.97%Carlyle Global Market StrategiNot Halal1.79%OCP CLO LtdNot Halal1.77%Ares Loan Funding VIII LtdNot Halal1.77%Octagon 75 LtdNot Halal1.71%Elmwood CLO 38 LtdNot Halal1.68%Lakeside Park CLO LtdNot Halal1.67%Magnetite CLO LtdNot Halal1.62%

Compliance History

Not Halalnow
since Sep 2026
Under Review
until the change above
Not Halal
until the change above

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

Fiscal: N/AData source: FMP-LOOKTHROUGH

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

$396.75

+0.17%

SLVA+

iShares Silver Trust

$57.92

+0.47%

PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

CEFA+

Sprott Physical Gold and Silver Trust

$43.28

+4.44%

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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.'s compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.

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

Oxford Lane Capital Corp.'s verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.

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: Sep 2, 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.