Is BCV (BCV) Halal?

AMEX Financial Services United States $126M
✗ NOT HALAL
Confidence: 95/100
BCV (BCV) is Not Halal under AAOIFI Standard 21 due to its classification in the Asset Management industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from September 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Asset Management ✗ NOT HALAL
DJIM Excluded — Asset Management ✗ NOT HALAL
MSCI Excluded — Asset Management ✗ NOT HALAL
S&P Excluded — Asset Management ✗ NOT HALAL
FTSE Excluded — Asset Management ✗ NOT HALAL

Financial Highlights

P/E Ratio
2.9
EPS
$7.37
Dividend Yield
645.0%
Payout: 17.4%
P/B Ratio
0.9
Revenue
$43M
Growth: -6.7%
Beta
1.0
Average volatility
Current Ratio
8.5

Profitability

Gross Margin 100.0%
Operating Margin 64.4%
Net Margin 916.6%
Return on Equity (ROE) 27.2%
Return on Assets (ROA) 1.2%

Cash Flow & Balance Sheet

Total Debt$775
Debt-to-Equity0.0
Current Ratio8.5
Total Assets$174M

Price & Trading

Last Close$21.42
50-Day MA$23.01
200-Day MA$21.73
Avg Volume13K
Beta1.0
52-Week Range
$15.63
$24.55

About BCV (BCV)

CEO
Mr. Thomas Hall Dinsmore C.F.A.
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
AMEX
Market Cap
$126M
Currency
USD

Bancroft Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets. It primarily invests in convertible securities including convertible debt and convertible preferred stocks. The fund invests in stocks of companies across market capitalization. It benchmarks the performance of its portfolio against S&P 500 Index, Bank of America Merrill Lynch All U.S. Convertibles Index, and Barclays Balanced U.S. Convertibles Index. The fund was formerly known as Bancroft Convertible Fund, Inc. Bancroft Fund Ltd. was formed on April 20, 1971 and is domiciled in the United States.

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Frequently Asked Questions

Is BCV (BCV) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), BCV 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 BCV's debt ratio?

BCV's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are BCV's key financial metrics?

BCV has a market capitalization of $126M, trailing P/E ratio of 2.9, and revenue of $43M. The company maintains a gross margin of 100.0% and a net margin of 916.6%. Return on equity stands at 27.2%.

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.