Is Great Elm Capital Corp. (GECC) 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 | 71.3% | |
| Net Margin | -63.6% | |
| Return on Equity (ROE) | -25.5% | |
| Return on Assets (ROA) | 6.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$3M |
| Free Cash Flow | -$3M |
| Total Debt | $189M |
| Debt-to-Equity | 167.6 |
| Current Ratio | 0.3 |
| Total Assets | $341M |
Price & Trading
| Last Close | $4.99 |
| 50-Day MA | $6.19 |
| 200-Day MA | $8.52 |
| Avg Volume | 95K |
| Beta | 0.7 |
|
52-Week Range
$4.63
| |
About Great Elm Capital Corp. (GECC)
Great Elm Capital Corp. is a business development company which specializes in loan and mezzanine, middle market investments. It invests in the debt instruments of middle market companies. The fund prefers to invest in media, commercial services and supplies, healthcare, telecommunication services, communications equipment. It typically makes equity investments between $3 million and $10 million in companies with revenues between $3 million and $75 million.
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Frequently Asked Questions
Is Great Elm Capital Corp. (GECC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Great Elm Capital 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 Great Elm Capital Corp.'s debt ratio?
Great Elm Capital 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 Great Elm Capital Corp.'s key financial metrics?
Great Elm Capital Corp. has a market capitalization of $68M, and revenue of -$23M. The company maintains a gross margin of 100.0% and a net margin of -63.6%. Return on equity stands at -25.5%.
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.