Is RAYMOND JAMES FINANCIAL INC (RJF) Halal?

NYSE Financial Services United States $27.9B
✗ NOT HALAL
Confidence: 95/100
RAYMOND JAMES FINANCIAL INC (RJF) is Not Halal under AAOIFI Standard 21 due to its classification in the Asset Management industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from September 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Asset Management ✗ NOT HALAL
DJIM Excluded — Asset Management ✗ NOT HALAL
MSCI Excluded — Asset Management ✗ NOT HALAL
S&P Excluded — Asset Management ✗ NOT HALAL
FTSE Excluded — Asset Management ✗ NOT HALAL

Financial Highlights

P/E Ratio
13.8
Forward: 10.3
EPS
$10.23
Dividend Yield
153.0%
Payout: 19.9%
P/B Ratio
2.2
Revenue
$13.8B
Growth: 5.7%
Beta
1.0
Average volatility
Current Ratio
2.2

Profitability

Gross Margin 93.0%
Operating Margin 19.7%
Net Margin 14.8%
Return on Equity (ROE) 17.1%
Return on Assets (ROA) 2.5%

Cash Flow & Balance Sheet

Operating Cash Flow$2.4B
Free Cash Flow$2.2B
Total Debt$4.2B
Debt-to-Equity46.3
Current Ratio2.2
Total Assets$88.2B

Price & Trading

Last Close$144.20
50-Day MA$157.56
200-Day MA$161.39
Avg Volume1.4M
Beta1.0
52-Week Range
$117.57
$177.66

About RAYMOND JAMES FINANCIAL INC (RJF)

CEO
Mr. Paul Marone Shoukry
Employees
19,500
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$27.9B
Currency
USD

Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers financial planning, investment advisory, securities transaction, investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party mutual fund and annuity companies, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; securities borrowing and lending services; and custodial, trade execution, research, and other support and services. The Capital Markets segment provides investment banking services, such as equity and debt underwriting, and merger and acquisition advisory; and fixed income and equity brokerage services. This segment also offers institutional sales, securities trading, equity research, and the syndication and management of investments in low-income housing funds and funds of a similar nature. The Asset Management segment provides asset management, portfolio management, and related administrative services to retail and institutional clients; and administrative support services, such as record-keeping. The Bank segment offers various types of loans, including securities-based, corporate, commercial and industrial, commercial real estate and construction, real estate investment trust, residential mortgage, and tax-exempt loans; Federal Deposit Insurance Corporation-insured deposit accounts; retail and corporate deposit; and liquidity management products and services. The Other segment engages in the private equity investments comprising investments in third-party funds. The company offers corporate, retail banking and trust services. Raymond James Financial, Inc. was founded in 1962 and is headquartered in Saint Petersburg, Florida.

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Frequently Asked Questions

Is RAYMOND JAMES FINANCIAL INC (RJF) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), RAYMOND JAMES FINANCIAL 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 RAYMOND JAMES FINANCIAL INC's debt ratio?

RAYMOND JAMES FINANCIAL 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 RAYMOND JAMES FINANCIAL INC's key financial metrics?

RAYMOND JAMES FINANCIAL INC has a market capitalization of $27.9B, trailing P/E ratio of 13.8, and revenue of $13.8B. The company maintains a gross margin of 93.0% and a net margin of 14.8%. Return on equity stands at 17.1%.

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.