About HalalStockGuide

Our Mission

HalalStockGuide exists for one reason: to make halal investing accessible to every Muslim around the world. With nearly 2 billion Muslims globally and Islamic finance assets surpassing $4.5 trillion, there is a massive and growing need for reliable, transparent, and free Shariah compliance data for publicly traded stocks.

Too often, Muslim investors face a frustrating choice: pay for expensive screening services, rely on incomplete information, or simply avoid investing altogether. We believe none of those options are acceptable. Every Muslim deserves the ability to make informed, faith-aligned investment decisions without barriers.

What We Do

We publish automated ratio indicators for thousands of listed instruments using available financial fields. The platform does not certify securities, issue fatwas, or reproduce the complete judgment of any named index provider. Mixed business activities and revenue require manual review.

Each stock page on our site provides a clear, detailed breakdown of the implemented financial-ratio models, including its debt-to-market-cap ratio, cash and interest-bearing securities ratio, receivables ratio, and impermissible income ratio. We show the actual numbers, the thresholds, and the pass/fail result so you can see exactly how each determination was made.

Implemented financial-ratio models

The public product currently shows MSCI new-inclusion and FTSE/Yasaar-style asset-based numerical reproductions. Other methodologies remain research references only until they can be implemented faithfully.

Our Approach

We are data-driven and fully transparent. Our screening data comes from public financial statements sourced through yfinance and SEC EDGAR filings. Our screening logic, thresholds, and methodology are openly documented on our Methodology page. We do not use black-box algorithms or proprietary models that hide their reasoning.

We update our financial data regularly to reflect the latest quarterly reports and market conditions. Our goal is to give you the most accurate, up-to-date compliance picture possible, completely free of charge.

Why It Matters

Islamic finance is one of the fastest-growing sectors in global finance. Muslims in every country are looking for ways to grow their wealth in a way that aligns with their faith. By providing free, transparent, and comprehensive Shariah screening data, we hope to empower millions of investors to participate in the stock market with confidence and peace of mind.

If you have questions, suggestions, or feedback, we would love to hear from you. Visit our Contact page to get in touch.