Is RAND CAPITAL CORP (RAND) Halal?

NASDAQ Financial Services United States $36M
✗ NOT HALAL
Confidence: 95/100
RAND CAPITAL CORP (RAND) 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

EPS
$-2.73
Dividend Yield
967.0%
Payout: 51.5%
P/B Ratio
0.7
EV/EBITDA
5.8
EV: $31M
Revenue
-$6M
Growth: -39.9%
Beta
0.3
Low volatility
Current Ratio
7.5

Profitability

Gross Margin 100.0%
Operating Margin 50.2%
Net Margin -124.2%
Return on Equity (ROE) -13.7%
Return on Assets (ROA) 5.4%

Cash Flow & Balance Sheet

Operating Cash Flow$11M
Free Cash Flow$11M
Current Ratio7.5
Total Assets$53M

Price & Trading

Last Close$11.51
50-Day MA$11.35
200-Day MA$14.06
Avg Volume6K
Beta0.3
52-Week Range
$10.05
$21.30

About RAND CAPITAL CORP (RAND)

CEO
Mr. Daniel Patrick Penberthy
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NASDAQ
Market Cap
$36M
Currency
USD

Rand Capital Corporation is a business development company specializing in subordinated debt with warrants or preferred equity and venture capital investments. Within private equity, the firm specializing in capital growth and lower middle market investments. Within venture capital, it specializing in early to late-stage private businesses. It does not prefer to invest in real estate sector. It prefers to invest in software, professional services, manufacturing, consumer, healthcare, automotive and public d stocks. It prefers to invest in East or Midwest U.S. operations sectors. It typically invests between $0.75 million and $5 million with initial target size of $1.5 million. It seeks to invest in companies having more than $10 million in revenue or having excess of $1.5 million and up to $5 million in EBITDA. It prefers to be a minority stake and seeks to take a Board seat in its portfolio companies. It typically holds its investments for a period up to five years.

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Frequently Asked Questions

Is RAND CAPITAL CORP (RAND) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), RAND CAPITAL CORP 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 RAND CAPITAL CORP's debt ratio?

RAND CAPITAL CORP's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are RAND CAPITAL CORP's key financial metrics?

RAND CAPITAL CORP has a market capitalization of $36M, and revenue of -$6M. The company maintains a gross margin of 100.0% and a net margin of -124.2%. Return on equity stands at -13.7%.

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.