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Shariah compliance overview

Not Halal

ArrowMark Financial Corp. (BANX) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About ArrowMark Financial Corp.

StoneCastle Financial Corp., a closed-end mutual fund managed by StoneCastle Asset Management LLC, implements a diversified investment approach.

ArrowMark Financial Corp. (BANX) operates in the Financial Services sector, in the Asset Management industry.

Why it is not classified as halal: it does not pass these screens: Business Activity.

Business Activity
60.44%Limit 5%Fail
Interest-bearing debt
17.31%Limit 30%Pass
Interest-bearing securities and assets
2.21%Limit 30%Pass
Dividend purification
60.44%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about ArrowMark Financial Corp. (BANX). Current Akinda screening label: Not Halal.