Halal Stocks List
Screened against AAOIFI Shari’ah Standard 21 guidelines. Every company is checked for interest-bearing debt, non-permissible revenue and dividend purification, using its latest annual report (the SEC filing or, for European companies, the ESEF annual report, where one exists, checked against Yahoo Finance). Largest companies first.
| Company / Ticker | Sector | Score | Status | Action |
|---|---|---|---|---|
BHP.AX BHP Group | Basic Materials | 90 / 100 | Compliant | Audit report |
LIN Linde | Basic Materials | 95 / 100 | Compliant | Audit report |
RIO.AX Rio Tinto Group Also listed as RIO.L | Basic Materials | 93 / 100 | Compliant | Audit report |
SCCO Southern Copper | Basic Materials | 94 / 100 | Compliant | Audit report |
NEM Newmont | Basic Materials | 91 / 100 | Compliant | Audit report |
AI.PA L'Air Liquide | Basic Materials | 95 / 100 | Compliant | Audit report |
601899.SS Zijin Mining Group Also listed as 2899.HK | Basic Materials | 89 / 100 | Compliant | Audit report |
FCX Freeport-McMoRan | Basic Materials | 91 / 100 | Compliant | Audit report |
GMEXICOB.MX Grupo México | Basic Materials | 86 / 100 | Compliant | Audit report |
AEM Agnico Eagle Mines | Basic Materials | 98 / 100 | Compliant | Audit report |
ECL Ecolab | Basic Materials | 96 / 100 | Compliant | Audit report |
SHW Sherwin-Williams | Basic Materials | 96 / 100 | Compliant | Audit report |
1303.TW Nan Ya Plastics | Basic Materials | 89 / 100 | Compliant | Audit report |
4063.T Shin-Etsu Chemical | Basic Materials | 91 / 100 | Compliant | Audit report |
ABX.TO Barrick Mining | Basic Materials | 89 / 100 | Compliant | Audit report |
WPM.TO Wheaton Precious Metals | Basic Materials | 96 / 100 | Compliant | Audit report |
APD Air Products and Chemicals | Basic Materials | 86 / 100 | Compliant | Audit report |
1211.SR Saudi Arabian Mining Company (Maaden) | Basic Materials | 94 / 100 | Compliant | Audit report |
VALE3.SA Vale | Basic Materials | 96 / 100 | Compliant | Audit report |
NUE Nucor | Basic Materials | 92 / 100 | Compliant | Audit report |
CRH CRH | Basic Materials | 90 / 100 | Compliant | Audit report |
603993.SS CMOC Group Also listed as 3993.HK | Basic Materials | 90 / 100 | Compliant | Audit report |
ANTO.L Antofagasta | Basic Materials | 87 / 100 | Compliant | Audit report |
2259.HK Zijin Gold International | Basic Materials | 96 / 100 | Compliant | Audit report |
AU AngloGold Ashanti | Basic Materials | 92 / 100 | Compliant | Audit report |
FNV.TO Franco-Nevada | Basic Materials | 95 / 100 | Compliant | Audit report |
HOLN.SW Holcim | Basic Materials | 90 / 100 | Compliant | Audit report |
2010.SR Saudi Basic Industries | Basic Materials | 86 / 100 | Compliant | Audit report |
GIVN.SW Givaudan | Basic Materials | 95 / 100 | Compliant | Audit report |
SIKA.SW Sika | Basic Materials | 95 / 100 | Compliant | Audit report |
FMG.AX Fortescue | Basic Materials | 91 / 100 | Compliant | Audit report |
MLM Martin Marietta Materials | Basic Materials | 94 / 100 | Compliant | Audit report |
STLD Steel Dynamics | Basic Materials | 93 / 100 | Compliant | Audit report |
ULTRACEMCO.BO UltraTech Cement | Basic Materials | 97 / 100 | Compliant | Audit report |
GFI.JO Gold Fields | Basic Materials | 93 / 100 | Compliant | Audit report |
VMC Vulcan Materials | Basic Materials | 96 / 100 | Compliant | Audit report |
K.TO Kinross Gold | Basic Materials | 95 / 100 | Compliant | Audit report |
FRES.L Fresnillo | Basic Materials | 90 / 100 | Compliant | Audit report |
DSFIR.AS DSM-Firmenich | Basic Materials | 90 / 100 | Compliant | Audit report |
600176.SS China Jushi | Basic Materials | 95 / 100 | Compliant | Audit report |
600989.SS Ningxia Baofeng Energy Group | Basic Materials | 95 / 100 | Compliant | Audit report |
ASIANPAINT.NS Asian Paints | Basic Materials | 98 / 100 | Compliant | Audit report |
KLBN11.SA Klabin | Basic Materials | 89 / 100 | Compliant | Audit report |
PPG PPG Industries | Basic Materials | 88 / 100 | Compliant | Audit report |
EMSN.SW EMS-CHEMIE HOLDING | Basic Materials | 99 / 100 | Compliant | Audit report |
NST.AX Northern Star Resources | Basic Materials | 96 / 100 | Compliant | Audit report |
IFF International Flavors & Fragrances | Basic Materials | 91 / 100 | Compliant | Audit report |
RGLD Royal Gold | Basic Materials | 95 / 100 | Compliant | Audit report |
VAL.JO Valterra Platinum | Basic Materials | 97 / 100 | Compliant | Audit report |
LUN.TO Lundin Mining | Basic Materials | 98 / 100 | Compliant | Audit report |
AMRZ.SW Amrize | Basic Materials | 87 / 100 | Compliant | Audit report |
603256.SS Grace Fabric Technology | Basic Materials | 99 / 100 | Compliant | Audit report |
600111.SS China Northern Rare Earth (Group) High-Tech | Basic Materials | 97 / 100 | Compliant | Audit report |
RS Reliance | Basic Materials | 97 / 100 | Compliant | Audit report |
000657.SZ China Tungsten And Hightech Materials | Basic Materials | 98 / 100 | Compliant | Audit report |
CDE Coeur Mining | Basic Materials | 97 / 100 | Compliant | Audit report |
600019.SS Baoshan Iron & Steel | Basic Materials | 92 / 100 | Compliant | Audit report |
000792.SZ Qinghai Salt Lake Industry | Basic Materials | 92 / 100 | Compliant | Audit report |
SOLARINDS.NS Solar Industries India | Basic Materials | 99 / 100 | Compliant | Audit report |
DD DuPont de Nemours | Basic Materials | 90 / 100 | Compliant | Audit report |
How Halal Stock Screening Works (AAOIFI Standard 21)
1. Business Activity Audit
Companies must not have core operations in prohibited sectors: conventional finance (interest banking), alcohol, pork, gambling, adult media, or tobacco.
2. Financial Ratios
Total interest-bearing debt must remain strictly under 30% of the company’s 36-month average market value, and cash deposits must not exceed 30%.
3. Revenue Purification
Impure interest income or secondary impermissible revenue must not exceed 5% of total gross revenue, and must be purified through charitable donations.
Frequently Asked Questions About Halal Stocks
What makes a stock Halal (Shariah-compliant)?▾
A stock is Halal if its core business is permissible (free from alcohol, conventional banking/interest, gambling, pork, adult entertainment, and weapons) and its financial ratios meet AAOIFI limits: interest-bearing debt under 30% of market value, interest-earning deposits under 30%, and prohibited income under 5% of total revenue.
What is dividend purification in Islamic investing?▾
When a compliant company earns a minor, incidental amount of interest income (under 5%), Islamic scholars recommend purifying that portion by donating an equivalent percentage of the dividend payout to charity without claiming tax deductions or spiritual reward.
How often is Shariah compliance evaluated?▾
A company’s status can change whenever it publishes new financial statements or changes its business. Faithful Invest aims to re-screen every company at least every 60 days against its latest annual report, and each stock page shows the date it was last checked.
Screen your full portfolio for Shariah compliance
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