Is MARKETAXESS HOLDINGS INC (MKTX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Capital Markets | ✗ NOT HALAL | |||
| DJIM | Excluded — Capital Markets | ✗ NOT HALAL | |||
| MSCI | Excluded — Capital Markets | ✗ NOT HALAL | |||
| S&P | Excluded — Capital Markets | ✗ NOT HALAL | |||
| FTSE | Excluded — Capital Markets | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 62.0% | |
| Operating Margin | 36.8% | |
| Net Margin | 29.1% | |
| Return on Equity (ROE) | 19.4% | |
| Return on Assets (ROA) | 11.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $382M |
| Free Cash Flow | $324M |
| Total Debt | $285M |
| Debt-to-Equity | 24.6 |
| Current Ratio | 3.4 |
| Total Assets | $1.9B |
Price & Trading
| Last Close | $166.72 |
| 50-Day MA | $175.80 |
| 200-Day MA | $183.48 |
| Avg Volume | 559K |
| Beta | 1.0 |
|
52-Week Range
$156.17
| |
About MARKETAXESS HOLDINGS INC (MKTX)
MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer firms in the United States, the United Kingdom, and internationally. The company offers trading technology to access liquidity on its platforms in U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, eurobonds, municipal bonds, U.S. government bonds, and other fixed-income securities; and executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds through its Open Trading protocols. It also provides automated and algorithmic trading solutions, such as X-Pro, a trading platform to combine trading protocols with its proprietary data and pre-trade analytics; and integrated and actionable data offerings, including CP+ and Axess All, a real-time pricing engine, including Auto-X and portfolio trading. In addition, the company offers various pre-and post-trade services, such as processing, trade matching, trade publication, regulatory transaction reporting, and market and reference data across a range of fixed-income and other products. The company was incorporated in 2000 and is headquartered in New York, New York.
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Frequently Asked Questions
Is MARKETAXESS HOLDINGS INC (MKTX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MARKETAXESS HOLDINGS 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 MARKETAXESS HOLDINGS INC's debt ratio?
MARKETAXESS HOLDINGS 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 MARKETAXESS HOLDINGS INC's key financial metrics?
MARKETAXESS HOLDINGS INC has a market capitalization of $6.1B, trailing P/E ratio of 24.7, and revenue of $846M. The company maintains a gross margin of 62.0% and a net margin of 29.1%. Return on equity stands at 19.4%.
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.