Is PennantPark Floating Rate Capital Ltd. (PFLT) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 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 | 77.8% | |
| Net Margin | 13.0% | |
| Return on Equity (ROE) | 3.4% | |
| Return on Assets (ROA) | 5.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$721M |
| Free Cash Flow | -$721M |
| Total Debt | $1.8B |
| Debt-to-Equity | 156.9 |
| Current Ratio | 2.6 |
| Total Assets | $2.9B |
Price & Trading
| Last Close | $8.00 |
| 50-Day MA | $8.70 |
| 200-Day MA | $9.45 |
| Avg Volume | 1.2M |
| Beta | 0.8 |
|
52-Week Range
$7.70
| |
About PennantPark Floating Rate Capital Ltd. (PFLT)
PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.
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Frequently Asked Questions
Is PennantPark Floating Rate Capital Ltd. (PFLT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), PennantPark Floating Rate Capital Ltd. 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 PennantPark Floating Rate Capital Ltd.'s debt ratio?
PennantPark Floating Rate Capital Ltd.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are PennantPark Floating Rate Capital Ltd.'s key financial metrics?
PennantPark Floating Rate Capital Ltd. has a market capitalization of $767M, trailing P/E ratio of 23.4, and revenue of $78M. The company maintains a gross margin of 100.0% and a net margin of 13.0%. Return on equity stands at 3.4%.
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.