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 |
|---|---|---|---|---|
KO Coca-Cola | Consumer Defensive | 90 / 100 | Compliant | Audit report |
PG Procter & Gamble | Consumer Defensive | 96 / 100 | Compliant | Audit report |
PM Philip Morris International | Consumer Defensive | 90 / 100 | Compliant | Audit report |
OR.PA L'Oréal | Consumer Defensive | 96 / 100 | Compliant | Audit report |
PEP PepsiCo | Consumer Defensive | 88 / 100 | Compliant | Audit report |
ULVR.L Unilever | Consumer Defensive | 91 / 100 | Compliant | Audit report |
LISN.SW Chocoladefabriken Lindt & Sprüngli Also listed as LISP.SW | Consumer Defensive | 99 / 100 | Compliant | Audit report |
MO Altria Group | Consumer Defensive | 90 / 100 | Compliant | Audit report |
2914.T Japan Tobacco | Consumer Defensive | 88 / 100 | Compliant | Audit report |
MDLZ Mondelez International | Consumer Defensive | 91 / 100 | Compliant | Audit report |
CL Colgate-Palmolive | Consumer Defensive | 96 / 100 | Compliant | Audit report |
9633.HK Nongfu Spring | Consumer Defensive | 97 / 100 | Compliant | Audit report |
HINDUNILVR.NS Hindustan Unilever | Consumer Defensive | 98 / 100 | Compliant | Audit report |
RKT.L Reckitt Benckiser Group | Consumer Defensive | 91 / 100 | Compliant | Audit report |
ADM Archer-Daniels-Midland | Consumer Defensive | 90 / 100 | Compliant | Audit report |
002714.SZ Muyuan Foods Group | Consumer Defensive | 91 / 100 | Compliant | Audit report |
ITC.NS ITC | Consumer Defensive | 95 / 100 | Compliant | Audit report |
KVUE Kenvue | Consumer Defensive | 92 / 100 | Compliant | Audit report |
HSY Hershey | Consumer Defensive | 95 / 100 | Compliant | Audit report |
EL Estée Lauder Companies | Consumer Defensive | 89 / 100 | Compliant | Audit report |
HEN3.DE Henkel Also listed as HEN.DE | Consumer Defensive | 93 / 100 | Compliant | Audit report |
KMB Kimberly-Clark | Consumer Defensive | 95 / 100 | Compliant | Audit report |
2802.T Ajinomoto | Consumer Defensive | 95 / 100 | Compliant | Audit report |
603288.SS Foshan Haitian Flavouring and Food | Consumer Defensive | 92 / 100 | Compliant | Audit report |
NESTLEIND.NS Nestlé India | Consumer Defensive | 99 / 100 | Compliant | Audit report |
600887.SS Inner Mongolia Yili Industrial Group | Consumer Defensive | 86 / 100 | Compliant | Audit report |
KOFUBL.MX Coca-Cola FEMSA | Consumer Defensive | 89 / 100 | Compliant | Audit report |
CHD Church & Dwight | Consumer Defensive | 96 / 100 | Compliant | Audit report |
CCH.L Coca-Cola HBC | Consumer Defensive | 85 / 100 | Compliant | Audit report |
4452.T Kao | Consumer Defensive | 94 / 100 | Compliant | Audit report |
BEI.DE Beiersdorf Aktiengesellschaft | Consumer Defensive | 96 / 100 | Compliant | Audit report |
AC.MX Arca Continental | Consumer Defensive | 91 / 100 | Compliant | Audit report |
ESSITY-B.ST Essity | Consumer Defensive | 93 / 100 | Compliant | Audit report |
VBL.NS Varun Beverages | Consumer Defensive | 99 / 100 | Compliant | Audit report |
KRZ.IR Kerry Group | Consumer Defensive | 93 / 100 | Compliant | Audit report |
300498.SZ Wens Foodstuff Group | Consumer Defensive | 96 / 100 | Compliant | Audit report |
033780.KS KT&G | Consumer Defensive | 91 / 100 | Compliant | Audit report |
MKC McCormick | Consumer Defensive | 92 / 100 | Compliant | Audit report |
BRITANNIA.NS Britannia Industries | Consumer Defensive | 98 / 100 | Compliant | Audit report |
605499.SS Eastroc Beverage (Group) | Consumer Defensive | 94 / 100 | Compliant | Audit report |
000895.SZ Henan Shuanghui Investment & Development | Consumer Defensive | 95 / 100 | Compliant | Audit report |
SAP.TO Saputo | Consumer Defensive | 90 / 100 | Compliant | Audit report |
PUIG.MC Puig Brands | Consumer Defensive | 93 / 100 | Compliant | Audit report |
MARICO.NS Marico | Consumer Defensive | 99 / 100 | Compliant | Audit report |
LOTB.BR Lotus Bakeries | Consumer Defensive | 98 / 100 | Compliant | Audit report |
8113.T Unicharm | Consumer Defensive | 94 / 100 | Compliant | Audit report |
278470.KS APR | Consumer Defensive | 98 / 100 | Compliant | Audit report |
TATACONSUM.NS Tata Consumer Products | Consumer Defensive | 97 / 100 | Compliant | Audit report |
002311.SZ Guangdong Haid Group | Consumer Defensive | 97 / 100 | Compliant | Audit report |
5285.KL SD Guthrie | Consumer Defensive | 95 / 100 | Compliant | Audit report |
2801.T Kikkoman | Consumer Defensive | 94 / 100 | Compliant | Audit report |
ORK.OL Orkla | Consumer Defensive | 94 / 100 | Compliant | Audit report |
GODREJCP.NS Godrej Consumer Products | Consumer Defensive | 96 / 100 | Compliant | Audit report |
300765.SZ CSPC Innovation Pharmaceutical | Consumer Defensive | 98 / 100 | Compliant | Audit report |
2587.T Suntory Beverage & Food | Consumer Defensive | 97 / 100 | Compliant | Audit report |
4911.T Shiseido | Consumer Defensive | 89 / 100 | Compliant | Audit report |
0322.HK Tingyi (Cayman Islands) Holding | Consumer Defensive | 85 / 100 | Compliant | Audit report |
1961.KL IOI | Consumer Defensive | 94 / 100 | Compliant | Audit report |
2269.T Meiji Holdings | Consumer Defensive | 95 / 100 | Compliant | Audit report |
6969.HK Smoore International Holdings | Consumer Defensive | 87 / 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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