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Shariah compliance overview

Not Halal

Sound Point Meridian Capital Inc (SPMC) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Sound Point Meridian Capital Inc

Sound Point Meridian Capital, LLC functions as a closed-end investment firm based in the United States. The company's primary investment strategy involves allocating capital to the equity and mezzanine layers of collateralized loan obligations (CLOs).

Sound Point Meridian Capital Inc (SPMC) 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.

Business Activity
100.00%Limit 5%Fail
Interest-bearing debt
18.06%Limit 30%Pass
Interest-bearing securities and assets
1.75%Limit 30%Pass
Dividend purification
100.00%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 Sound Point Meridian Capital Inc (SPMC). Current Akinda screening label: Not Halal.