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Shariah compliance overview

Not Halal

CION Investment Corporation (CION) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About CION Investment Corporation

CION Investment Corporation operates as a Business Development Company (BDC) with a core focus on providing capital to middle-market businesses.

CION Investment Corporation (CION) 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, Interest-bearing debt.

Business Activity
52.31%Limit 5%Fail
Interest-bearing debt
211.17%Limit 30%Fail
Interest-bearing securities and assets
23.29%Limit 30%Pass
Dividend purification
52.31%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 CION Investment Corporation (CION). Current Akinda screening label: Not Halal.