Is BlackRock TCP Capital Corp. (TCPC) 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 | 86.2% | |
| Net Margin | -44.1% | |
| Return on Equity (ROE) | -12.9% | |
| Return on Assets (ROA) | 6.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $155M |
| Free Cash Flow | $155M |
| Total Debt | $1.0B |
| Debt-to-Equity | 173.2 |
| Current Ratio | 6.7 |
| Total Assets | $1.7B |
Price & Trading
| Last Close | $3.61 |
| 50-Day MA | $4.51 |
| 200-Day MA | $6.01 |
| Avg Volume | 1.3M |
| Beta | 0.9 |
|
52-Week Range
$3.44
| |
About BlackRock TCP Capital Corp. (TCPC)
BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, small businesses, debt securities, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments. It typically invests in communication services, public relations services, television, wireless telecommunication services, apparel, textile mills, restaurants, retailing, energy, oil and gas extraction, Patent owners and Lessors, Federal and Federally- Sponsored Credit agencies, insurance, hospital and healthcare centers, Biotechnology, engineering services, heavy electrical equipment, tax accounting, scientific and related consulting services, charter freight air transportation, Information technology consulting, application hosting services, software diagram and design, computer aided design, communication equipment, electronics manufacturing equipment, computer components, chemicals. It seeks to invest in the United States. The fund typically invests in debt between $10 million and $35 million in companies with enterprise values between $100 million and $1500 million including complex situations. It prefers to make equity investments in companies for an ownership stake.
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Frequently Asked Questions
Is BlackRock TCP Capital Corp. (TCPC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), BlackRock TCP 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 BlackRock TCP Capital Corp.'s debt ratio?
BlackRock TCP 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 BlackRock TCP Capital Corp.'s key financial metrics?
BlackRock TCP Capital Corp. has a market capitalization of $290M, and revenue of -$77M. The company maintains a gross margin of 100.0% and a net margin of -44.1%. Return on equity stands at -12.9%.
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.