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Shariah compliance overview

Not Halal

Oxford Lane Capital Corp. (OXLC) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Oxford Lane Capital Corp.

Managed by Oxford Lane Management LLC, Oxford Lane Capital Corp. is a closed-end fund primarily focused on fixed income securities. Its investment approach involves allocating capital to securitization vehicles, which subsequently invest in senior secured loans.

Oxford Lane Capital Corp. (OXLC) 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
54.22%Limit 5%Fail
Interest-bearing debt
74.63%Limit 30%Fail
Interest-bearing securities and assets
9.34%Limit 30%Pass
Dividend purification
54.22%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 Oxford Lane Capital Corp. (OXLC). Current Akinda screening label: Not Halal.