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Shariah compliance overview

Not Halal

Horizon Technology Finance Corporation (HRZN) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Horizon Technology Finance Corporation

Horizon Technology Finance Corporation operates as a business development company (BDC) with a core focus on providing financing and making equity investments in businesses in their early growth phases.

Horizon Technology Finance Corporation (HRZN) 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, Interest-bearing securities and assets.

Business Activity
69.33%Limit 5%Fail
Interest-bearing debt
139.65%Limit 30%Fail
Interest-bearing securities and assets
31.15%Limit 30%Fail
Dividend purification
69.33%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 Horizon Technology Finance Corporation (HRZN). Current Akinda screening label: Not Halal.