Is WhiteHorse Finance, Inc. (WHF) 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 | 68.2% | |
| Net Margin | 19.7% | |
| Return on Equity (ROE) | 5.3% | |
| Return on Assets (ROA) | 4.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $77M |
| Free Cash Flow | $77M |
| Total Debt | $324M |
| Debt-to-Equity | 124.7 |
| Current Ratio | 1.2 |
| Total Assets | $615M |
Price & Trading
| Last Close | $7.26 |
| 50-Day MA | $6.85 |
| 200-Day MA | $7.63 |
| Avg Volume | 133K |
| Beta | 0.6 |
|
52-Week Range
$6.07
| |
About WhiteHorse Finance, Inc. (WHF)
WhiteHorse Finance, Inc. is business development company, non-diversified, closed end management company specializing in originating senior secured loans, lower middle market, growth capital industries. It invests in broadline retail, office services and supplies, building products, health care services, health care supplies, research and consulting services, application software, home furnishings, specialized consumer services, data processing and outsourced services, leisure facilities, cable, and satellite. It prefers to invest in United States. It typically invests between $5 million to $25 million in companies having enterprise value of between $50 million and $350 million.
Related Halal Stocks in Financial Services
Frequently Asked Questions
Is WhiteHorse Finance, Inc. (WHF) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), WhiteHorse Finance, 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 WhiteHorse Finance, Inc.'s debt ratio?
WhiteHorse Finance, 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 WhiteHorse Finance, Inc.'s key financial metrics?
WhiteHorse Finance, Inc. has a market capitalization of $159M, trailing P/E ratio of 11.5, and revenue of $20M. The company maintains a gross margin of 100.0% and a net margin of 19.7%. Return on equity stands at 5.3%.
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.