
Is Hamilton Lane (HLNE) stock Halal?
September 2026 AAOIFI screening result for Hamilton Lane, Inc. (HLNE): non-permissible income, fail. Interest-bearing investments, pass. Interest-bearing debt, pass. Preference shares, pass. Hamilton Lane, Inc. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Hamilton Lane is a leading private markets investment management firm. Its primary function is to provide a broad spectrum of private markets services, encompassing tailored investment solutions, data-driven insights, and advisory services. The firm has a significant impact across various sectors including private equity, infrastructure, real estate, and credit. With its expansive global reach, Hamilton Lane supports a diverse client base comprising institutional investors like public and corporate pension plans, endowments, foundations, and family offices. Before any of that matters to a Muslim investor, one question comes first: is Hamilton Lane stock Halal?
Is Hamilton Lane Shariah compliant?
In financial services the activity screen carries the verdict more often than anywhere else: AAOIFI Shariah Standard No. 21 draws a hard line between fee based, permissible services and earning Riba as a business model. For Hamilton Lane, that distinction comes first, with the debt and investment ratios behind it.
Does Hamilton Lane pass the business activity test?
The activity screen is only part of the picture this month: Hamilton Lane currently fails the non-permissible income screen, so the overall verdict is not compliant regardless of the business itself. The watch item in this sector is the sharpest of all: revenue must come from permissible services, not from lending at interest.
Is Hamilton Lane's income Halal?
No. Hamilton Lane's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does Hamilton Lane meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has HLNE re-screened every month, and the result above always shows the latest verdict.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read What is Riba? A Clear Guide for Ethical Muslim Investing



