SWK Holdings Corporation 9.00% Senior Notes due 2027

SWKHL: Is SWK Holdings Corporation 9.00% Senior Notes due 2027 Halal?

SWK Holdings Corporation 9.00% Senior Notes due 2027

NASDAQFinancial ServicesUS

$25.45

+0.08%

Market Cap: 193.9M

Compliance Status

Not Halal

Screened on Aug 27, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is SWK Holdings Corporation 9.00% Senior Notes due 2027 (SWKHL) halal? Not Halal. Based on AAOIFI screening, SWK Holdings Corporation 9.00% Senior Notes due 2027 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

Within the limit

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

17.0% of 30.0% limit

What this means for you

Most scholars advise not holding SWKHL

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About SWK Holdings Corporation 9.00% Senior Notes due 2027

SWK Holdings Corporation, established in Dallas, Texas, in 1996, is a specialized financial institution primarily focused on the healthcare sector. The company's activities are organized into two core divisions: Finance Receivables and Pharmaceutical Development. Through its Finance Receivables segment, SWK delivers tailored funding solutions to a broad range of entities within the life sciences industry. This client base includes firms in biotechnology, medical devices, medical diagnostics, animal health, and pharmaceuticals, as well as various institutions and individual innovators. Additionally, this division provides non-discretionary investment advisory services, overseeing separate accounts for institutional clients interested in life science investments. The Pharmaceutical Development division is involved in the full spectrum of drug creation, encompassing development, formulation, manufacturing, and intellectual property licensing, notably leveraging its proprietary Peptelligence platform. A central aim for this division is to out-license its internal pipeline of products, utilizing its distinct technological expertise to develop innovative treatments designed to enhance outcomes for patients and caregivers. The company was previously known as Kana Software, Inc., before officially rebranding as SWK Holdings Corporation in December 2009.

Sector: Financial Services · Industry: Financial - Credit Services

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 27, 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: FY 2025Data 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 SWK Holdings Corporation 9.00% Senior Notes due 2027 (SWKHL) halal to invest in?
SWK Holdings Corporation 9.00% Senior Notes due 2027 (SWKHL) 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 SWK Holdings Corporation 9.00% Senior Notes due 2027 get a F compliance rating?
SWK Holdings Corporation 9.00% Senior Notes due 2027 (SWKHL) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 17.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change SWK Holdings Corporation 9.00% Senior Notes due 2027's Shariah verdict?
SWK Holdings Corporation 9.00% Senior Notes due 2027'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 SWK Holdings Corporation 9.00% Senior Notes due 2027 re-screened for Shariah compliance?
SWK Holdings Corporation 9.00% Senior Notes due 2027 (SWKHL) 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 27, 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.