About Our Halal Stock Screener
The HalalStockGuide Screener is a free, transparent tool that lets Muslim investors quickly determine whether a publicly traded stock meets Shariah compliance standards. We screen over 7,000 equities from 25 exchanges across 62 countries, making this one of the most comprehensive halal stock databases available online. Each stock is evaluated against rigorous financial ratio thresholds derived from established Islamic finance scholarship.
Our screening engine applies five internationally recognized Shariah standards: AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions), Dow Jones Islamic Market Index (DJIM), MSCI Islamic Index, S&P Shariah Index, and FTSE Shariah Index. The primary screen displayed here uses AAOIFI criteria, which require a company's debt-to-market-cap ratio, cash-and-interest-bearing-securities ratio, and accounts-receivable ratio to each remain below 30%. Companies whose core business involves prohibited activities—such as conventional banking, alcohol, tobacco, gambling, or weapons—are automatically excluded regardless of financial ratios.
To use the screener, simply type a ticker symbol or company name in the search bar, or narrow your results with the status, sector, country, and exchange filters. Click any column header to sort by that metric. Stocks labeled “HALAL” have passed all financial and sector-level screens under the AAOIFI standard. Stocks marked “NOT HALAL” have failed one or more criteria. Where data is insufficient to make a determination, the status shows as N/A.
Market data is refreshed regularly from public filings and financial data providers to keep our ratios current. Because stock financials change each quarter, a stock's compliance status may shift over time—always verify before making investment decisions. For a deeper look at how we calculate each ratio and what scholarly sources inform our thresholds, visit our Methodology page.
Browse the full stock directory for individual analysis pages, or learn more about the project on our About page. HalalStockGuide is provided for informational purposes only and does not constitute financial or religious advice.