Is Atlanticus Holdings Corp (ATLC) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Credit Services | ✗ NOT HALAL | |||
| DJIM | Excluded — Credit Services | ✗ NOT HALAL | |||
| MSCI | Excluded — Credit Services | ✗ NOT HALAL | |||
| S&P | Excluded — Credit Services | ✗ NOT HALAL | |||
| FTSE | Excluded — Credit Services | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 71.1% | |
| Operating Margin | 26.3% | |
| Net Margin | 21.9% | |
| Return on Equity (ROE) | 19.7% | |
| Return on Assets (ROA) | 2.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $638M |
| Free Cash Flow | $633M |
| Total Debt | $6.5B |
| Debt-to-Equity | 1016.2 |
| Current Ratio | 6.0 |
| Total Assets | $7.6B |
Price & Trading
| Last Close | $53.14 |
| 50-Day MA | $54.53 |
| 200-Day MA | $58.06 |
| Avg Volume | 70K |
| Beta | 1.9 |
|
52-Week Range
$41.37
| |
About Atlanticus Holdings Corp (ATLC)
Atlanticus Holdings Corporation, a financial technology company, provides products and services to lenders in the United States. The company operates in two segments, Credit as a Service (CaaS) and Auto Finance. Its CaaS segment offers private label credit products associated with the healthcare space under the Curae brand, as well as consumer electronics, furniture, elective medical procedures, and home-improvement under the Fortiva brand and its retail partners' brands; and general-purpose credit cards under the Aspire, Imagine, Mercury, and Fortiva brand names. The company's private label and general-purpose credit cards originated from its bank partners through various channels, including retail and healthcare point-of-sale locations, direct mail solicitation, and digital marketing and partnerships with third parties. This segment also offers loan servicing, such as risk management and customer service outsourcing for third parties, as well as engages in other product testing and investments. The Auto Finance segment purchases and/or services loans secured by automobiles from or for a pre-qualified network of independent automotive dealers and automotive finance companies in the buy-here and pay-here used car business. This segment also provides floor plan financing and installment lending products. The company was founded in 1996 and is headquartered in Atlanta, Georgia.
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Frequently Asked Questions
Is Atlanticus Holdings Corp (ATLC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Atlanticus Holdings Corp is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Atlanticus Holdings Corp's debt ratio?
Atlanticus Holdings Corp's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Atlanticus Holdings Corp's key financial metrics?
Atlanticus Holdings Corp has a market capitalization of $798M, trailing P/E ratio of 8.8, and revenue of $403M. The company maintains a gross margin of 71.1% and a net margin of 21.9%. Return on equity stands at 19.7%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.