Is Horizon Technology Finance Corp (HRZN) 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 | 78.5% | |
| Net Margin | -2.8% | |
| Return on Equity (ROE) | -0.8% | |
| Return on Assets (ROA) | 6.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $57M |
| Free Cash Flow | $57M |
| Total Debt | $473M |
| Debt-to-Equity | 148.5 |
| Current Ratio | 1.6 |
| Total Assets | $811M |
Price & Trading
| Last Close | $4.30 |
| 50-Day MA | $5.71 |
| 200-Day MA | $6.57 |
| Avg Volume | 1.1M |
| Beta | 1.0 |
|
52-Week Range
$3.98
| |
About Horizon Technology Finance Corp (HRZN)
Horizon Technology Finance Corporation is a business development company specializing in lending and and investing in development-stage investments. It focuses on making secured debt and venture lending investments to venture capital backed companies in the technology, life science, healthcare information and services, cleantech and sustainability industries. It seeks to invest in companies in the United States.
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Frequently Asked Questions
Is Horizon Technology Finance Corp (HRZN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Horizon Technology Finance 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 Horizon Technology Finance Corp's debt ratio?
Horizon Technology Finance 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 Horizon Technology Finance Corp's key financial metrics?
Horizon Technology Finance Corp has a market capitalization of $196M, and revenue of $7M. The company maintains a gross margin of 100.0% and a net margin of -2.8%. Return on equity stands at -0.8%.
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.