AC – Associated Capital Group Inc

Not Compliant

Associated Capital Group Inc is not Shariah Compliant because of its involvement in Investment Management and related activities.

Associated Capital Group, Inc. is a diversified global financial services company. The Company provides alternative investment management services and operates a direct investment business that invests in businesses that fit its criteria. The Company primarily manages assets across a range of risk and event arbitrage portfolios and in equity event-driven value strategies. It conducts its investment management activities through its wholly owned subsidiaries, Gabelli & Company Investment Advisers, Inc. (GCIA) and Gabelli & Partners, LLC (Gabelli & Partners). GCIA and Gabelli & Partners together serve as general partners or investment managers to investment funds, including limited partnerships and offshore companies, and separate accounts. It serves a variety of investors, including private wealth management clients, corporations, corporate pension and profit-sharing plans, foundations and endowments, as well as serving as sub-advisor to certain third-party investment funds.

AAOIFI ✗

Debt ÷ Market cap (MC)0.86
Non-Compliant Assets ÷ MC61.33