logo

Shariah compliance overview

Not Halal

Saratoga Investment Corp. (SAR) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Saratoga Investment Corp.

Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies.

Saratoga Investment Corp. (SAR) 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
53.64%Limit 5%Fail
Interest-bearing debt
205.38%Limit 30%Fail
Interest-bearing securities and assets
6.17%Limit 30%Pass
Dividend purification
53.64%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.

Please login to access this content

Key stats

Please login to access this content

Please login to access this content

Company Profile

Please login to access this content

Frequently asked questions

Quick answers about Saratoga Investment Corp. (SAR). Current Akinda screening label: Not Halal.