Is Blackstone Secured Lending Fund (BXSL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 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
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 81.4% | |
| Net Margin | 39.7% | |
| Return on Equity (ROE) | 9.1% | |
| Return on Assets (ROA) | 5.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$459M |
| Free Cash Flow | -$459M |
| Total Debt | $8.1B |
| Debt-to-Equity | 129.4 |
| Current Ratio | 1.3 |
| Total Assets | $14.7B |
Price & Trading
| Last Close | $24.01 |
| 50-Day MA | $24.71 |
| 200-Day MA | $27.60 |
| Avg Volume | 2.5M |
| Beta | 0.5 |
|
52-Week Range
$23.30
| |
About Blackstone Secured Lending Fund (BXSL)
Blackstone Secured Lending Fund is business development company and a Delaware statutory trust formed on March 26, 2018, and structured as an externally managed, non-diversified closed-end investment Fund. On October 26, 2018, the fund elected to be regulated as a business development company (BDC) under the Investment Company Act of 1940, as amended (the 1940 Act). In addition, the Fund elected to be treated for U.S. federal income tax purposes, as a regulated investment company (RIC), as defined under Subchapter M of the Internal Revenue Code of 1986, as amended (the Code). The fund also intends to continue to comply with the requirements prescribed by the Code in order to maintain tax treatment as a RIC. The fund's investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation. The Fund seeks to achieve its investment objective primarily through originated loans, equity and other securities, including syndicated loans, of private U.S. companies, specifically small and middle market companies, typically in the form of first lien senior secured and unitranche loans (including first out/last out loans), and to a lesser extent, second lien, third lien, unsecured and subordinated loans and other debt and equity securities.
Related Halal Stocks in Financial Services
Frequently Asked Questions
Is Blackstone Secured Lending Fund (BXSL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Blackstone Secured Lending Fund 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 Blackstone Secured Lending Fund's debt ratio?
Blackstone Secured Lending Fund's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Blackstone Secured Lending Fund's key financial metrics?
Blackstone Secured Lending Fund has a market capitalization of $5.5B, trailing P/E ratio of 9.6, and revenue of $608M. The company maintains a gross margin of 100.0% and a net margin of 39.7%. Return on equity stands at 9.1%.
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.