Is T. Rowe Price (TROW) Halal?

NYSE Financial Services United States $19.3B
✗ NOT HALAL
Confidence: 95/100
T. Rowe Price (TROW) 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 December 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
9.6
Forward: 8.7
EPS
$9.24
Dividend Yield
588.0%
Payout: 55.0%
P/B Ratio
1.8
EV/EBITDA
6.2
EV: $17.6B
Revenue
$7.3B
Growth: 6.0%
Beta
1.6
High volatility
Current Ratio
6.2

Profitability

Gross Margin 51.3%
Operating Margin 32.2%
Net Margin 28.5%
Return on Equity (ROE) 18.8%
Return on Assets (ROA) 10.6%

Cash Flow & Balance Sheet

Operating Cash Flow$1.8B
Free Cash Flow$1.5B
Total Debt$447M
Debt-to-Equity3.9
Current Ratio6.2
Total Assets$14.3B

Price & Trading

Last Close$90.23
50-Day MA$95.44
200-Day MA$101.43
Avg Volume2.2M
Beta1.6
52-Week Range
$77.85
$118.22

About T. Rowe Price (TROW)

CEO
Mr. Robert W. Sharps C.F.A., CPA
Employees
7,773
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$19.3B
Currency
USD

T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in North America, Europe, Asia, Australia.

Related Halal Stocks in Financial Services

Frequently Asked Questions

Is T. Rowe Price (TROW) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), T. Rowe Price 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 T. Rowe Price's debt ratio?

T. Rowe Price's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are T. Rowe Price's key financial metrics?

T. Rowe Price has a market capitalization of $19.3B, trailing P/E ratio of 9.6, and revenue of $7.3B. The company maintains a gross margin of 51.3% and a net margin of 28.5%. Return on equity stands at 18.8%.

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.