Is SARATOGA INVESTMENT CORP. (SAR) Halal?
Shariah Screening — 5 Standards
Based on financial data from February 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 | 67.9% | |
| Net Margin | 30.6% | |
| Return on Equity (ROE) | 9.8% | |
| Return on Assets (ROA) | 4.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $198M |
| Free Cash Flow | $198M |
| Total Debt | $782M |
| Debt-to-Equity | 185.1 |
| Current Ratio | 2.1 |
| Total Assets | $1.2B |
Price & Trading
| Last Close | $22.10 |
| 50-Day MA | $23.05 |
| 200-Day MA | $23.63 |
| Avg Volume | 132K |
| Beta | 0.6 |
|
52-Week Range
$20.78
| |
About SARATOGA INVESTMENT CORP. (SAR)
Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. The fund structures its investments as debt and equity by investing through first and second lien loans, mezzanine debt, co-investments, select high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity. The fund prefers to invest in aerospace, automotive aftermarket and services, business products and services, consumer products and services, education, environmental services, industrial services, financial services, food and beverage, healthcare products and services, logistics, distribution, manufacturing, restaurants services, food services, software services, technology services, specialty chemical, media and telecommunications. The fund seeks to invest in the United States. The fund primarily invests between $60 million and $75 million in companies having EBITDA of $2 million or greater and revenues between $10 million and $150 million. It targets annual revenues between $8 and $250 million. The fund prefers to take a majority stake. The fund invests through direct lending as well as participation in loan syndicates.
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Frequently Asked Questions
Is SARATOGA INVESTMENT CORP. (SAR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SARATOGA INVESTMENT 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 SARATOGA INVESTMENT CORP.'s debt ratio?
SARATOGA INVESTMENT 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 SARATOGA INVESTMENT CORP.'s key financial metrics?
SARATOGA INVESTMENT CORP. has a market capitalization of $339M, trailing P/E ratio of 8.6, and revenue of $42M. The company maintains a gross margin of 100.0% and a net margin of 30.6%. Return on equity stands at 9.8%.
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.