Is S&P Global Inc. (SPGI) Halal?

NYSE Financial Services United States $123.0B
✗ NOT HALAL
Confidence: 95/100
S&P Global Inc. (SPGI) is Not Halal under AAOIFI Standard 21 due to its classification in the Financial Data & Stock Exchanges 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 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

P/E Ratio
27.7
Forward: 18.4
EPS
$14.67
Dividend Yield
96.0%
Payout: 26.2%
P/B Ratio
3.9
EV/EBITDA
18.1
EV: $138.3B
Revenue
$15.3B
Growth: 9.0%
Beta
1.2
High volatility
Current Ratio
0.8

Profitability

Gross Margin 70.2%
Operating Margin 38.3%
Net Margin 29.2%
Return on Equity (ROE) 13.1%
Return on Assets (ROA) 6.7%

Cash Flow & Balance Sheet

Operating Cash Flow$5.7B
Free Cash Flow$5.5B
Total Debt$13.6B
Debt-to-Equity37.9
Current Ratio0.8
Total Assets$61.2B

Price & Trading

Last Close$412.45
50-Day MA$452.78
200-Day MA$500.33
Avg Volume2.5M
Beta1.2
52-Week Range
$381.61
$579.05

About S&P Global Inc. (SPGI)

CEO
Ms. Martina L. Cheung
Employees
44,500
Sector
Financial Services
Industry
Financial Data & Stock Exchanges
Country
United States
Exchange
NYSE
Market Cap
$123.0B
Currency
USD

S&P Global Inc., together with its subsidiaries, provides benchmarks, data, analytics, and workflow solutions in the global capital, energy and commodity, and automotive markets. It operates through five segments: S&P Global Market Intelligence, S&P Global Ratings, S&P Global Energy, S&P Global Mobility, and S&P Dow Jones Indices. The S&P Global Market Intelligence segment provides multi-asset-class data and analytics integrated with purpose-built workflow solutions. This segment offers Data, Analytics & Insights, a desktop product suite that provides data, analytics, and third-party research for global finance and corporate professionals; research, reference data, market data, derived analytics, and valuation services; enterprise solutions, such as software and workflow solutions; and credit and risk solutions for selling Ratings' credit ratings and related data and research, analytics, and financial risk solutions. The S&P Global Ratings segment operates as an independent provider of credit ratings, research, and analytics offering investors information and independent benchmarks for their investment and financial decisions as well as access to the capital markets. The S&P Global Energy segment provides information and benchmark prices for the energy and commodity markets. The S&P Global Mobility segment offers solutions for the full automotive value chain, including vehicle manufacturers, automotive suppliers, mobility service providers, retailers, consumers, and finance and insurance companies. The S&P Dow Jones Indices segment operates as an index provider that maintains various valuation and index benchmarks for investment advisors, wealth managers, and institutional investors. It has operations in the United States, European region, Asia, and internationally. S&P Global Inc. was founded in 1860 and is headquartered in New York, New York.

Related Halal Stocks in Financial Services

Frequently Asked Questions

Is S&P Global Inc. (SPGI) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), S&P Global 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 S&P Global Inc.'s debt ratio?

S&P Global 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 S&P Global Inc.'s key financial metrics?

S&P Global Inc. has a market capitalization of $123.0B, trailing P/E ratio of 27.7, and revenue of $15.3B. The company maintains a gross margin of 70.2% and a net margin of 29.2%. Return on equity stands at 13.1%.

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.