Is MSC INCOME FUND, INC. (MSIF) Halal?

NYSE Financial Services United States $573M
✗ NOT HALAL
Confidence: 95/100
MSC INCOME FUND, INC. (MSIF) is Not Halal under AAOIFI Standard 21 due to its classification in the Asset Management industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

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

P/E Ratio
6.4
Forward: 8.0
EPS
$1.91
Dividend Yield
1146.0%
Payout: 75.4%
P/B Ratio
0.8
Revenue
$97M
Growth: 4.4%
Beta
0.8
Average volatility
Current Ratio
1.2

Profitability

Gross Margin 100.0%
Operating Margin 65.2%
Net Margin 63.8%
Return on Equity (ROE) 13.0%
Return on Assets (ROA) 4.8%

Cash Flow & Balance Sheet

Operating Cash Flow-$70M
Free Cash Flow-$70M
Total Debt$603M
Debt-to-Equity81.6
Current Ratio1.2
Total Assets$1.4B

Price & Trading

Last Close$12.49
50-Day MA$12.91
200-Day MA$13.94
Avg Volume364K
Beta0.8
52-Week Range
$11.78
$18.09

About MSC INCOME FUND, INC. (MSIF)

CEO
Mr. Dwayne Louis Hyzak CPA
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$573M
Currency
USD

MSC Income Fund, Inc. is a Business Development Company specializing in middle market debt and debt and equity investments in lower middle market companies. The fund seeks to invest in management buyouts, recapitalizations, growth financings, refinancing and acquisitions of companies. It invests in companies with revenue between $10 million and $150 million.

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Frequently Asked Questions

Is MSC INCOME FUND, INC. (MSIF) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), MSC INCOME FUND, 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 MSC INCOME FUND, INC.'s debt ratio?

MSC INCOME FUND, 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 MSC INCOME FUND, INC.'s key financial metrics?

MSC INCOME FUND, INC. has a market capitalization of $573M, trailing P/E ratio of 6.4, and revenue of $97M. The company maintains a gross margin of 100.0% and a net margin of 63.8%. Return on equity stands at 13.0%.

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.