Runway Growth Finance Corp RWAY
$6.64 $0.04 (0.61%) 1D
Last Updated: Aug 21, 12:00 AM·NASDAQ
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RWAY Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Runway Growth Finance Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Runway Growth Finance Corp. Stock Analysis RWAY
United States Financials Micro Cap Runway Growth Finance Corp. is a closed-end investment company, which engages in the provision of senior secured loans to high growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products, and other high-growth industries. The company is headquartered in Chicago, Illinois and currently employs 0 full-time employees. The company went IPO on 2021-10-21. The firm is focused on providing senior secured loans to high growth-potential companies in technology, healthcare, business services, financial services, select consumer services and products and other high-growth industries. Its investment objective is to maximize its total return to its stockholders primarily through current income on the Company's loan portfolio and secondarily through capital gain (loss) on its warrants and other equity positions. The firm invests in senior secured term loans and other senior debt obligations, and it also invests in second lien loans issued by high growth-potential companies. The firm originates its investments through two strategies: Sponsored Growth Lending and Non-Sponsored Growth Lending. The company also invests in secured loans, and acquires equity securities as well, including warrants. The firm is externally managed by Runway Growth Capital LLC (RGC).
Runway Growth Finance Corp (RWAY) Chart
Financial Metrics & Statements of Runway Growth Finance Corp (RWAY)
FAQ's for Runway Growth Finance Corp (RWAY)
- As of August 2026, Runway Growth Finance Corp RWAY 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 Runway Growth Finance Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in Runway Growth Finance 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 Runway Growth Finance 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 Runway Growth Finance 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 Runway Growth Finance Corp 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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