Is Chicago Atlantic BDC, Inc. (LIEN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 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 | 56.7% | |
| Net Margin | 61.3% | |
| Return on Equity (ROE) | 11.0% | |
| Return on Assets (ROA) | 6.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$5M |
| Free Cash Flow | -$5M |
| Debt-to-Equity | 8.2 |
| Current Ratio | 0.7 |
| Total Assets | $310M |
Price & Trading
| Last Close | $9.62 |
| 50-Day MA | $10.14 |
| 200-Day MA | $10.42 |
| Avg Volume | 71K |
| Beta | 0.2 |
|
52-Week Range
$9.50
| |
About Chicago Atlantic BDC, Inc. (LIEN)
Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including cannabis-enabling technology companies, cannabis-related health and wellness companies, and hemp and CBD distribution companies. The company was founded in 2021 and is based in New York, New York.
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Frequently Asked Questions
Is Chicago Atlantic BDC, Inc. (LIEN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Chicago Atlantic 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 Chicago Atlantic BDC, Inc.'s debt ratio?
Chicago Atlantic 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 Chicago Atlantic BDC, Inc.'s key financial metrics?
Chicago Atlantic BDC, Inc. has a market capitalization of $217M, trailing P/E ratio of 6.5, and revenue of $18M. The company maintains a gross margin of 100.0% and a net margin of 61.3%. Return on equity stands at 11.0%.
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.