Is Intercontinental Exchange, Inc. (ICE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Financial Data & Stock Exchanges | ✗ NOT HALAL | |||
| DJIM | Excluded — Financial Data & Stock Exchanges | ✗ NOT HALAL | |||
| MSCI | Excluded — Financial Data & Stock Exchanges | ✗ NOT HALAL | |||
| S&P | Excluded — Financial Data & Stock Exchanges | ✗ NOT HALAL | |||
| FTSE | Excluded — Financial Data & Stock Exchanges | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 49.6% | |
| Net Margin | 33.4% | |
| Return on Equity (ROE) | 11.9% | |
| Return on Assets (ROA) | 2.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $4.7B |
| Free Cash Flow | $3.9B |
| Total Debt | $20.3B |
| Debt-to-Equity | 70.1 |
| Current Ratio | 1.0 |
| Total Assets | $136.9B |
Price & Trading
| Last Close | $155.96 |
| 50-Day MA | $162.98 |
| 200-Day MA | $167.17 |
| Avg Volume | 3.8M |
| Beta | 1.1 |
|
52-Week Range
$143.17
| |
About Intercontinental Exchange, Inc. (ICE)
Intercontinental Exchange, Inc., together with its subsidiaries, provides technology and data to financial institutions, corporations, and government entities in the United States, the United Kingdom, the European Union, Canada, Asia Pacific, and the Middle East. It operates through three segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology. The Exchanges segment operates regulated marketplace technology for the listing, trading, and clearing of an array of derivatives contracts and financial securities, such as commodities, interest rates, foreign exchange and equities, and corporate and exchange-traded funds, as well as data and connectivity services related to its exchanges and clearing houses. The Fixed Income and Data Services segment provides fixed income pricing, reference data, indices, analytics, and execution services, as well as global CDS clearing and multi-asset class data delivery technology. The Mortgage Technology segment offers a technology platform that provides customers comprehensive and digital workflow tools to address inefficiencies and mitigate risks that exist in the U.S. residential mortgage market life cycle from application through closing, servicing, and the secondary market. The company was founded in 2000 and is headquartered in Atlanta, Georgia.
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Frequently Asked Questions
Is Intercontinental Exchange, Inc. (ICE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Intercontinental Exchange, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Intercontinental Exchange, Inc.'s debt ratio?
Intercontinental Exchange, Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Intercontinental Exchange, Inc.'s key financial metrics?
Intercontinental Exchange, Inc. has a market capitalization of $87.0B, trailing P/E ratio of 26.5, and revenue of $12.6B. The company maintains a gross margin of 100.0% and a net margin of 33.4%. Return on equity stands at 11.9%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.