Is Block (XYZ) stock halal?
Screened against AAOIFI Shari’ah Standard 21
Not settled. Block (XYZ) could not be confirmed either way under the AAOIFI Shari’ah Standard 21 screen. The cash and interest-bearing investments test couldn’t be settled: The figures give 15.5% and 31.6%, on either side of the limit. Includes long-term investments that may be shares in other companies. We show this as Needs Review rather than guess. Last checked 16 September 2026.
Block needs further review under Halal / Islamic guidelines
AAOIFI Shari’ah Standard 21 Financial Audit
Figures from the latest annual report (the SEC filing or, for European companies, the ESEF annual report, where one exists, checked against Yahoo Finance) and a 36-month average market value.
| Test | Standard Limit | Actual Figure | Status |
|---|---|---|---|
| Main business | — | — | Pass |
| Interest-bearing debt | 30% | 21.20% | Pass |
| Cash and interest-bearing investments | 30% | 31.58% | Review |
| Prohibited income | 5% | 0.53% | Pass |
| Not just cash and debts | 90% | 44.56% | Pass |
Key Findings & Observations
- The cash and interest-bearing investments test couldn’t be settled: The figures give 15.5% and 31.6%, on either side of the limit. Includes long-term investments that may be shares in other companies.Source: AAOIFI Shari'ah Standard 21
- Opening credit scores to outside lenders may facilitate interest‑based loans, violating the prohibition on riba.Source: News Analyzer
- Pursuing a bank charter for digital assets could involve speculative transactions with high uncertainty, contravening the ban on gharar.Source: News Analyzer
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Frequently Asked Questions about Block, Inc. (XYZ)
Is Block (XYZ) stock halal?▾
Not settled. Block (XYZ) could not be confirmed either way under the AAOIFI Shari’ah Standard 21 screen. The cash and interest-bearing investments test couldn’t be settled: The figures give 15.5% and 31.6%, on either side of the limit. Includes long-term investments that may be shares in other companies. We show this as Needs Review rather than guess. Last checked 16 September 2026.
What is Block's debt ratio under Islamic finance standards?▾
Under AAOIFI Shari’ah Standard 21, interest-bearing debt must stay under 30% of a company's 36-month average market value. Block's ratio is about 21.2%.
How much dividend purification is required for Block (XYZ) stock?▾
Under AAOIFI Shari’ah Standard 21, shareholders should give away the part of their income that comes from prohibited sources: $0.2116 per share for the latest financial year. The amount goes to charity, without counting it as one's own donation.
Does Block operate in prohibited business activities?▾
AAOIFI Shari’ah Standard 21 excludes companies whose main business is prohibited, such as alcohol, pork, gambling, conventional interest-based finance and adult entertainment. Block's main business is checked against these. For companies that file with the US SEC, revenue by division is also read from the filing, so a division in a prohibited business is counted. Where the check cannot be settled, the result is shown as Needs Review rather than guessed.
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