Is Medallion Financial Corp halal to invest in?

As of November 2026, Medallion Financial Corp MFIN is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Medallion Financial Corp a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Medallion Financial Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Medallion Financial Corp?

Muslim investors may consider investing in Medallion Financial Corp if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Medallion Financial Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Medallion Financial Corp by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Medallion Financial Corp updated?

The Shariah compliance status of Medallion Financial Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Medallion Financial Corp become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Medallion Financial Corp?

You can check the latest Shariah compliance status of Medallion Financial Corp on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Is Medallion Financial Corp Stock Halal?

Shariah Compliance Analysis of MFIN Stock

United States Financials Micro Cap

No. As of November 2026, Medallion Financial Corp (MFIN) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Medallion Financial Corp does not pass Musaffa's business and financial screening criteria.

Medallion Financial Corp. is a finance company that originates and services consumer loans and loans in various commercial industries. The company is headquartered in New York City, New York and currently employs 179 full-time employees. The company conducts its business through various wholly owned subsidiaries, including its primary operating company, Medallion Bank (the Bank), an industrial bank that originates consumer loans, raises deposits, and conducts other banking activities. The company provides loans to individuals and small to mid-size businesses, through its subsidiaries, under four segments: loans that finance consumer purchases of recreational vehicles, boats, collector cars, and other consumer recreational equipment; loans that finance consumer home improvements; loans that finance commercial businesses; and loans that finance taxi medallions. The company also conducts business through its subsidiaries Medallion Capital, Inc., a small business investment company, which conducts a mezzanine financing business; Medallion Funding LLC; and Freshstart Venture Capital Corp.

MFIN Shariah Compliance

Screening Methodology: AAOIFI

As of November 2026, Medallion Financial Corp is classified as not halal.

NOT HALAL

Medallion Financial Corp (MFIN) Chart

Fetching Price Chart...

Financial Metrics & Statements of Medallion Financial Corp (MFIN)

FAQ's for Medallion Financial Corp (MFIN)

As of November 2026, Medallion Financial Corp MFIN is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Medallion Financial Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Medallion Financial Corp if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Medallion Financial Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Medallion Financial Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Medallion Financial Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.