Shariah-compliant stock screener
Free client-side Shariah-compliant stock screener web utility.
Shariah-Compliant Stock Screener & Ratio Calculator
All financial ratios and sectoral business requirements meet the standards established by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).
Financial Screening Thresholds
Dividend Purification Calculator
If you receive dividends from this investment, Shariah guidelines require donating the non-permissible earnings proportion to charity.
Curated Global Stock Roster
| Ticker | Company | Sector | Debt / MCap | Cash / MCap | Status | Action |
|---|---|---|---|---|---|---|
| AAPL | Apple Inc. | Technology | 3.1% | 1.9% | Compliant | |
| MSFT | Microsoft Corporation | Technology | 3.2% | 2.6% | Compliant | |
| NVDA | NVIDIA Corporation | Semiconductors | 0.4% | 1.1% | Compliant | |
| TSLA | Tesla, Inc. | Automotive / Clean Energy | 1.3% | 3.9% | Compliant | |
| JPM | JPMorgan Chase & Co. | Financial Services | 70.7% | 94.8% | Non-compliant | |
| BUD | Anheuser-Busch InBev | Beverages | 67.8% | 10.4% | Non-compliant | |
| LMT | Lockheed Martin | Aerospace & Defense | 16.4% | 2.8% | Non-compliant | |
| PM | Philip Morris International | Tobacco | 30.0% | 2.8% | Non-compliant | |
| ASML | ASML Holding | Semiconductors | 1.2% | 1.8% | Compliant | |
| JNJ | Johnson & Johnson | Healthcare | 9.0% | 6.7% | Compliant |
About this tool
How to use it
- Enter a company's market capitalization, total interest-bearing debt, and cash balances in billions of dollars.
- Specify total annual revenue and any non-permissible / interest earnings to verify the 5% threshold.
- Verify the primary business sector checkbox (ensuring no involvement in conventional banking, alcohol, pork, gambling, or munitions).
- Review the instant AAOIFI compliance status and view the recommended dividend purification percentage to cleanse non-permissible income.
Why it matters
Muslim investors around the world seek to align their stock market portfolios with Islamic principles. Evaluating financial balance sheet ratios (debt, cash, receivables) against standard AAOIFI and Dow Jones Islamic Market guidelines ensures investments conform to ethical financial criteria.
When to use it
Use when evaluating individual equity securities, quarterly corporate earnings 10-Q / 10-K filings, calculating annual dividend purification donations, or checking whether an index component remains Halal.
Common questions
What are the standard AAOIFI financial ratio thresholds?
Under AAOIFI standards: 1) Total interest-bearing debt divided by market capitalization must be less than 33%; 2) Cash and interest-bearing deposits divided by market capitalization must be less than 33%; 3) Total non-permissible or interest revenue must not exceed 5% of total gross revenue.
What is dividend purification?
Even in permissible companies, minor interest income earned on cash deposits is considered non-halal. Investors purify their investment by calculating the exact proportion of impure revenue (e.g. 1.2%) and donating that percentage of their dividend income to charitable causes.
Does this screener track my financial searches?
No. All balance sheet calculations, ratio determinations, and benchmark comparisons are performed 100% locally in your web browser with zero server telemetry.