Is Investcorp Credit Management BDC, Inc. (ICMB) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2024
| 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 | 63.6% | |
| Net Margin | 30.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $37M |
| Free Cash Flow | $37M |
| Total Debt | $106M |
| Debt-to-Equity | 175.4 |
| Current Ratio | 1.5 |
| Total Assets | $192M |
Price & Trading
| Last Close | $1.88 |
| 50-Day MA | $2.66 |
| 200-Day MA | $2.78 |
| Avg Volume | 42K |
| Beta | 0.4 |
|
52-Week Range
$1.60
| |
About Investcorp Credit Management BDC, Inc. (ICMB)
Investcorp Credit Management BDC, Inc. is a business development company specializing in loan, mezzanine, middle market, growth capital, acquisitions, market/product expansion, organic growth, refinancings and recapitalization investments. It also selectively invests in mezzanine loans/structured equity and in the equity of portfolio companies through warrants and other instruments, in most cases taking such upside participation interests as part of a broader investment relationship. The fund typically invests in United States and Europe. Within United States, the fund seeks to invest in Midatlantic, Midwest, Northeast, Southeast, and West Coast regions. The fund primarily invests in cable and satellites; consumer services; healthcare equipment and services; industrials; information technology; telecommunication services; and utilities sectors. The fund seeks to invest between $5 million to $25 million in companies that have annual revenues of at least $50 million with EBITDA at least $15 million.
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Frequently Asked Questions
Is Investcorp Credit Management BDC, Inc. (ICMB) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Investcorp Credit Management BDC, 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 Investcorp Credit Management BDC, Inc.'s debt ratio?
Investcorp Credit Management BDC, 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 Investcorp Credit Management BDC, Inc.'s key financial metrics?
Investcorp Credit Management BDC, Inc. has a market capitalization of $28M, trailing P/E ratio of 6.5, and revenue of $860,682. The company maintains a gross margin of 100.0% and a net margin of 30.8%.
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.