Is TriplePoint Venture Growth BDC Corp. (TPVG) 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 | 59.0% | |
| Net Margin | 54.5% | |
| Return on Equity (ROE) | 14.1% | |
| Return on Assets (ROA) | 5.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$57M |
| Free Cash Flow | -$57M |
| Total Debt | $469M |
| Debt-to-Equity | 132.7 |
| Current Ratio | 3.4 |
| Total Assets | $840M |
Price & Trading
| Last Close | $4.62 |
| 50-Day MA | $5.58 |
| 200-Day MA | $6.19 |
| Avg Volume | 463K |
| Beta | 1.4 |
|
52-Week Range
$4.48
| |
About TriplePoint Venture Growth BDC Corp. (TPVG)
TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It targeted returns between 10% and 18%. It does not take board seat in the company.
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Frequently Asked Questions
Is TriplePoint Venture Growth BDC Corp. (TPVG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), TriplePoint Venture Growth BDC 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 TriplePoint Venture Growth BDC Corp.'s debt ratio?
TriplePoint Venture Growth BDC 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 TriplePoint Venture Growth BDC Corp.'s key financial metrics?
TriplePoint Venture Growth BDC Corp. has a market capitalization of $182M, trailing P/E ratio of 3.7, and revenue of $57M. The company maintains a gross margin of 100.0% and a net margin of 54.5%. Return on equity stands at 14.1%.
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.