Tools and education for Muslims who want to invest with conscience — pointing you to the most trusted screening services and Sharia-compliant funds.
This is an educational reference, not a screening service. We don't make halal rulings — we help you find the people who do, and we give you a starting point for your own research.
Enter any ticker symbol below, and we'll give you direct links to the major halal screening services — so you can check what each authority says about that company's Sharia compliance.
Click any of the screeners below to see what each one says about this stock. Each service applies its own methodology — they can sometimes disagree on edge cases.
For most retail investors, the simplest path to Sharia-compliant investing is through dedicated halal ETFs. Each of these funds is screened and maintained by professionals — your job is just to pick the ones that fit your goals.
Tracks the FTSE USA Shariah Index — large- and mid-cap US stocks screened for Sharia compliance, with a built-in purification process for incidental non-permissible income.
Visit issuer →Tracks the S&P 500 Sharia Industry Exclusions Index — gives Sharia-compliant exposure to the broad US large-cap market via S&P 500 constituents that pass the screen.
Visit issuer →The first Sukuk (Islamic bond) ETF in the US — gives fixed-income-style exposure without involvement in interest-based debt. Tracks investment-grade global Sukuk.
Visit issuer →Global ex-US developed and emerging markets exposure, screened for Sharia compliance. A counterpart to HLAL for those wanting international diversification.
Visit issuer →Sharia-compliant exposure to global real estate investment trusts. Provides REIT-style income while excluding companies with prohibited business activities or excessive debt.
Visit issuer →Concentrated exposure to large-cap global technology companies that meet Sharia screening criteria. Higher concentration than HLAL or SPUS — sector-focused.
Visit issuer →Most halal screeners follow a methodology developed by AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions). It has two parts: a sector screen and a financial-ratio screen.
A company is automatically excluded if its primary business activity is in any of the following:
Even if a company passes the sector screen, it must also satisfy three financial conditions. These are designed to exclude companies that are heavily reliant on interest-bearing debt or generate significant non-permissible income:
Companies that pass the sector screen but earn a small amount of non-permissible income (e.g., interest on cash deposits) are typically considered halal provided investors purify that portion of their dividends by donating it to charity. This is called income purification.
It's important to understand that halal status changes over time. A company that's halal this quarter may fall out of compliance next quarter if its debt ratio rises or its revenue mix shifts. Serious investors re-check their holdings at least quarterly. This is why we don't publish a static "halal stocks list" on this page — it would go stale within weeks and mislead the people who relied on it.
It's also worth noting that scholars disagree on edge cases. Different schools of thought, different scholars, and different screening services can come to different conclusions on the same stock. When you look up a ticker above and see what each screener says, you may sometimes see disagreement. That's normal. The right approach is to consult a qualified scholar for personal guidance, especially for significant investments.
This page is an educational reference, not financial advice. We are not financial advisors, and we do not make halal rulings ourselves. The information here is meant to help you find the right tools and authorities for your own research.
The ETF descriptions, expense ratios, and tracking indices are accurate as of publication, but this information can change. Before investing in any fund, verify the current details on the issuer's official website and consult the fund prospectus.
Sharia compliance is a personal religious matter. Different scholars and screening services apply slightly different methodologies, and even widely-accepted halal stocks can fall out of compliance over time. Before making any investment decision, you should:
(1) Verify the current halal status of any stock or fund through trusted screening services such as Zoya, Islamicly, Musaffa, or MSCI Islamic. (2) Consult a qualified Islamic scholar for personal religious guidance. (3) Consult a regulated financial advisor for investment guidance appropriate to your circumstances.
Past performance is not a guide to future results, and all investments carry risk including the loss of capital.