Is HENNESSY ADVISORS INC (HNNA) Halal?
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
Profitability
| Gross Margin | 55.0% | |
| Operating Margin | 31.3% | |
| Net Margin | 26.5% | |
| Return on Equity (ROE) | 9.4% | |
| Return on Assets (ROA) | 4.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $14M |
| Free Cash Flow | $13M |
| Total Debt | $41M |
| Debt-to-Equity | 0.6 |
| Current Ratio | 1.7 |
| Total Assets | $160M |
Price & Trading
| Last Close | $9.59 |
| 50-Day MA | $9.99 |
| 200-Day MA | $10.64 |
| Avg Volume | 18K |
| Beta | 0.6 |
|
52-Week Range
$8.43
| |
About HENNESSY ADVISORS INC (HNNA)
Hennessy Advisors, Inc. is an publicly owned investment manager. It provides its services to Hennessy Funds and investment companies. The firm launches and manages equity, fixed income, and balanced mutual funds. It invests in the public equity and fixed income markets across the globe. The firm primarily invests in growth stocks of companies. It conducts in-house research to make its investments. Hennessy Advisors, Inc. was founded in 1989 and is based in Novato, California with additional offices in Boston, Massachusetts and Chapel Hill, North Carolina.
Related Halal Stocks in Financial Services
Frequently Asked Questions
Is HENNESSY ADVISORS INC (HNNA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), HENNESSY ADVISORS INC 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 HENNESSY ADVISORS INC's debt ratio?
HENNESSY ADVISORS INC's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are HENNESSY ADVISORS INC's key financial metrics?
HENNESSY ADVISORS INC has a market capitalization of $75M, trailing P/E ratio of 8.3, and revenue of $36M. The company maintains a gross margin of 55.0% and a net margin of 26.5%. Return on equity stands at 9.4%.
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.