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Shariah compliance overview

Not Halal

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

About MidCap Financial Investment Corporation

MidCap Financial Investment Corporation (MFIC) operates as an externally managed, non-diversified, closed-end investment fund, registered as a business development company (BDC) under the Investment Company Act of 1940.

MidCap Financial Investment Corporation (MFIC) 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
100.00%Limit 5%Fail
Interest-bearing debt
196.54%Limit 30%Fail
Interest-bearing securities and assets
9.80%Limit 30%Pass
Dividend purification
50.05%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 MidCap Financial Investment Corporation (MFIC). Current Akinda screening label: Not Halal.