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 |
|---|---|---|---|---|
V Visa | Financial Services | 95 / 100 | Compliant | Audit report |
MA Mastercard | Financial Services | 90 / 100 | Compliant | Audit report |
BX Blackstone | Financial Services | 92 / 100 | Compliant | Audit report |
SPGI S&P Global | Financial Services | 91 / 100 | Compliant | Audit report |
1120.SR Al Rajhi Banking and Investment | Financial Services | 75 / 100 | Compliant | Audit report |
MCO Moody's | Financial Services | 95 / 100 | Compliant | Audit report |
BAM.TO Brookfield Asset Management Ulc | Financial Services | 95 / 100 | Compliant | Audit report |
LSEG.L London Stock Exchange Group | Financial Services | 89 / 100 | Compliant | Audit report |
NDAQ Nasdaq | Financial Services | 92 / 100 | Compliant | Audit report |
VYLR Vylor | Financial Services | 96 / 100 | Compliant | Audit report |
KFH.KW Kuwait Finance House | Financial Services | 75 / 100 | Compliant | Audit report |
MSCI MSCI | Financial Services | 95 / 100 | Compliant | Audit report |
EQT.ST EQT | Financial Services | 91 / 100 | Compliant | Audit report |
300033.SZ Hithink RoyalFlush Information Network | Financial Services | 92 / 100 | Compliant | Audit report |
TROW T. Rowe Price Group | Financial Services | 88 / 100 | Compliant | Audit report |
1150.SR Alinma Bank | Financial Services | 75 / 100 | Compliant | Audit report |
S68.SI Singapore Exchange | Financial Services | 91 / 100 | Compliant | Audit report |
PGHN.SW Partners Group Holding | Financial Services | 97 / 100 | Compliant | Audit report |
TPG TPG | Financial Services | 92 / 100 | Compliant | Audit report |
B3SA3.SA B3 S.A. - Brasil, Bolsa, Balcão | Financial Services | 87 / 100 | Compliant | Audit report |
JIOFIN.NS Jio Financial Services | Financial Services | 90 / 100 | Compliant | Audit report |
CVC.AS CVC Capital Partners | Financial Services | 94 / 100 | Compliant | Audit report |
DIB.AE Dubai Islamic Bank | Financial Services | 75 / 100 | Compliant | Audit report |
OWL Blue Owl Capital | Financial Services | 94 / 100 | Compliant | Audit report |
BSE.NS BSE | Financial Services | 91 / 100 | Compliant | Audit report |
QIBK.QA Qatar Islamic Bank (Q.P.S.C.) | Financial Services | 75 / 100 | Compliant | Audit report |
HDFCAMC.NS HDFC Asset Management | Financial Services | 97 / 100 | Compliant | Audit report |
FDS FactSet Research Systems | Financial Services | 96 / 100 | Compliant | Audit report |
1140.SR Bank Albilad | Financial Services | 75 / 100 | Compliant | Audit report |
MCX.NS Multi Commodity Exchange of India | Financial Services | 91 / 100 | Compliant | Audit report |
MORN Morningstar | Financial Services | 95 / 100 | Compliant | Audit report |
AZIHF Azimut Holding | Financial Services | 95 / 100 | Compliant | Audit report |
VCTR Victory Capital Holdings | Financial Services | 88 / 100 | Compliant | Audit report |
HLNE Hamilton Lane | Financial Services | 95 / 100 | Compliant | Audit report |
STEP StepStone Group | Financial Services | 89 / 100 | Compliant | Audit report |
FHI Federated Hermes | Financial Services | 89 / 100 | Compliant | Audit report |
TASE.TA Tel-Aviv Stock Exchange | Financial Services | 94 / 100 | Compliant | Audit report |
ROSE.L Rosebank Industries | Financial Services | 93 / 100 | Compliant | Audit report |
CNS Cohen & Steers | Financial Services | 88 / 100 | Compliant | Audit report |
ANANDRATHI.NS Anand Rathi Wealth | Financial Services | 93 / 100 | Compliant | Audit report |
AAMI Acadian Asset Management | Financial Services | 90 / 100 | Compliant | Audit report |
ROKO-B.ST Röko | Financial Services | 98 / 100 | Compliant | Audit report |
APAM Artisan Partners Asset Management | Financial Services | 94 / 100 | Compliant | Audit report |
L1G.AX L1 Group | Financial Services | 97 / 100 | Compliant | Audit report |
319400.KQ HYUNDAI MOVEX | Financial Services | 98 / 100 | Compliant | Audit report |
IBI.TA I.B.I. Investment House | Financial Services | 92 / 100 | Compliant | Audit report |
PRUDENT.NS Prudent Corporate Advisory Services | Financial Services | 96 / 100 | Compliant | Audit report |
JSWHL.NS JSW Holdings | Financial Services | 92 / 100 | Compliant | Audit report |
CML.JO Coronation Fund Managers | Financial Services | 93 / 100 | Compliant | Audit report |
GDG.AX Generation Development Group | Financial Services | 93 / 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
Import transactions or search any stock to check compliance, calculate your exact purification amount, and receive notifications when ratings change.