As of August 2026, PennantPark Floating Rate Capital Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
PennantPark Floating Rate Capital Ltd. Stock Analysis PFLT
United States Financials Small Cap
PennantPark Floating Rate Capital Ltd. engages in providing first lien debt. The company is headquartered in New York City, New York. The company went IPO on 2011-04-08. The investment objectives of the Company are to generate both current income and capital appreciation while seeking to preserve capital by investing primarily in floating rate loans, and other investments made to U.S. middle-market companies. The firm primarily invests private companies in the form of floating rate senior secured loans, including first lien secured debt, second lien secured debt and subordinated debt. The firm may also invest in equity investments. Under normal market conditions, the Company generally expect that at least 80% of the value of its managed assets. The firm generally expect to invest up to 35% of its overall portfolio opportunistically in other types of investments, including second lien secured debt, subordinated debt, and, to a lesser extent, equity investments.
PennantPark Floating Rate Capital Ltd (PFLT) Chart
Financial Metrics & Statements of PennantPark Floating Rate Capital Ltd (PFLT)
FAQ's for PennantPark Floating Rate Capital Ltd (PFLT)
As of August 2026, PennantPark Floating Rate Capital Ltd PFLT 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 PennantPark Floating Rate Capital Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in PennantPark Floating Rate Capital Ltd 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 PennantPark Floating Rate Capital Ltd 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 PennantPark Floating Rate Capital Ltd 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 PennantPark Floating Rate Capital Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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