Is Mount Logan Capital Inc. (MLCI) 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 | 72.7% | |
| Operating Margin | -194.2% | |
| Net Margin | -137.6% | |
| Return on Equity (ROE) | -62.4% | |
| Return on Assets (ROA) | -3.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $28M |
| Free Cash Flow | $28M |
| Total Debt | $93M |
| Debt-to-Equity | 104.8 |
| Current Ratio | 4.5 |
| Total Assets | $1.7B |
Price & Trading
| Last Close | $3.63 |
| 50-Day MA | $6.08 |
| 200-Day MA | $6.26 |
| Avg Volume | 97K |
| Beta | -0.0 |
|
52-Week Range
$3.15
| |
About Mount Logan Capital Inc. (MLCI)
Mount Logan Capital Inc., through its subsidiaries, provides asset management and insurance solutions in the United States. It operates in two segments, Asset Management and Insurance Solutions. The company focuses on private credit across senior secured lending, asset-based and specialty finance, structured and other credit, venture and other lending, and select equity-linked solutions. It also provides underwriting, portfolio construction, and risk management solutions; investment advisory and management services; and reinsuring annuity products for individuals seeking to fund retirement needs. The company was formerly known as Marret Resource Corp. and changed its name to Mount Logan Capital Inc. in October 2018. Mount Logan Capital Inc. is headquartered in New York, New York.
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Frequently Asked Questions
Is Mount Logan Capital Inc. (MLCI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Mount Logan Capital 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 Mount Logan Capital Inc.'s debt ratio?
Mount Logan Capital 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 Mount Logan Capital Inc.'s key financial metrics?
Mount Logan Capital Inc. has a market capitalization of $45M, and revenue of $196M. The company maintains a gross margin of 72.7% and a net margin of -137.6%. Return on equity stands at -62.4%.
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.