Is ROYCE MICRO-CAP TRUST, INC. (RMT) Halal?
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
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | -55.6% | |
| Net Margin | 1782.0% | |
| Return on Equity (ROE) | 14.7% | |
| Return on Assets (ROA) | -0.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $3M |
| Free Cash Flow | $3M |
| Total Debt | $20M |
| Debt-to-Equity | 3.2 |
| Current Ratio | 0.5 |
| Total Assets | $652M |
Price & Trading
| Last Close | $11.39 |
| 50-Day MA | $11.74 |
| 200-Day MA | $10.50 |
| Avg Volume | 151K |
| Beta | 1.2 |
|
52-Week Range
$7.25
| |
About ROYCE MICRO-CAP TRUST, INC. (RMT)
Royce Micro-Cap Trust, Inc. is a closed-ended equity mutual fund launched and managed Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies with market capitalization of less than $500 million. The fund benchmarks the performance of its portfolios against Russell 2000 Index. Royce Micro-Cap Trust, Inc was formed on December 14, 1993 and is domiciled in the United States.
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Frequently Asked Questions
Is ROYCE MICRO-CAP TRUST, INC. (RMT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ROYCE MICRO-CAP TRUST, 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 ROYCE MICRO-CAP TRUST, INC.'s debt ratio?
ROYCE MICRO-CAP TRUST, 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 ROYCE MICRO-CAP TRUST, INC.'s key financial metrics?
ROYCE MICRO-CAP TRUST, INC. has a market capitalization of $603M, trailing P/E ratio of 6.8, and revenue of $89M. The company maintains a gross margin of 100.0% and a net margin of 1782.0%. Return on equity stands at 14.7%.
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.