The core business may not be conventional interest-based finance, alcohol, gambling, pork products, tobacco, recreational cannabis, adult entertainment, or weapons as a primary line, judged from the company's own filings. Interest-bearing debt under 30% of market capitalization. Cash plus interest-bearing securities under 30% of market capitalization. Impermissible income under 5% of total revenue (any nonzero amount carries a purification obligation).
Halal stocks and ETFs
Each company's business and three money ratios, checked against its own filings. Every number links to the filing it came from.
24Passes, with purification
11Does not pass
6Can't screen yet
Shariah ETFs
9 funds listed in the US and Canada
| Ticker | Fund | Shariah review | Yearly fee | Assets |
|---|---|---|---|---|
| SPUS | SP Funds S&P 500 Sharia Industry Exclusions ETFUS large caps (S&P 500, screened) | Raqaba (auditor) | 0.45% | $2.07 billionAs of Jun 30, 2026 |
| HLAL | Wahed FTSE USA Shariah ETFUS large + mid caps (FTSE Shariah) | Wahed SSB · Shariyah Review Bureau | 0.50% | $925 millionAs of Jun 30, 2026 |
| SPSK | SP Funds Dow Jones Global Sukuk ETFGlobal sukuk, only US-listed sukuk ETF | Raqaba (auditor) | 0.50% | $455.7 millionAs of Apr 1, 2026 |
| UMMA | Wahed Dow Jones Islamic World ETFInternational ex-US, actively managed | Wahed SSB · Shariyah Review Bureau | 0.65% | $301 millionAs of Jun 30, 2026 |
| SPRE | SP Funds S&P Global REIT Sharia ETFGlobal shariah REITs | Raqaba (auditor) | 0.50% | $198.7 millionAs of Apr 1, 2026 |
| SPWO | SP Funds S&P World (ex-US) ETFWorld ex-US, developed + emerging | Raqaba (auditor) | 0.55% | $131.6 millionAs of Apr 1, 2026 |
| SPTE | SP Funds S&P Global Technology ETFGlobal tech, screened | Raqaba (auditor) | 0.55% | $105.6 millionAs of Apr 1, 2026 |
| MNZL | Manzil Russell Halal USA Broad Market ETFUS broad market (screened Russell 1000) | Not named by issuer | 0.40% | $23.4 million |
| WSHR | Wealthsimple Shariah World Equity Index ETFDeveloped-world, quality + low-vol | Ratings Intelligence | 0.56% | CAD $448.5 millionAs of March 31, 2026 |
Stocks
41 companies people ask about
Passes, with Purification means giving away the small share of dividends that came from non-halal income.
AAPLApple Inc.NASDAQ, TechnologyMSFTMicrosoft CorporationNASDAQ, TechnologyNVDANVIDIA CorporationNASDAQ, TechnologyGOOGLAlphabet Inc.NASDAQ, Communication ServicesTSLATesla, Inc.NASDAQ, Consumer DiscretionaryJNJJohnson & JohnsonNYSE, HealthcareADBEAdobe Inc.NASDAQ, TechnologyAMZNAmazon.com, Inc.NASDAQ, Consumer DiscretionaryMETAMeta Platforms, Inc.NASDAQ, Communication ServicesAVGOBroadcom Inc.NASDAQ, TechnologyAMDAdvanced Micro Devices, Inc.NASDAQ, TechnologyCRMSalesforce, Inc.NYSE, TechnologyHDThe Home Depot, Inc.NYSE, Consumer DiscretionaryNKENIKE, Inc.NYSE, Consumer DiscretionaryDISThe Walt Disney CompanyNYSE, Communication ServicesLLYEli Lilly and CompanyNYSE, HealthcareXOMExxon Mobil CorporationNYSE, EnergyCVXChevron CorporationNYSE, EnergyVVisa Inc.NYSE, FinancialsMAMastercard IncorporatedNYSE, FinancialsCNICanadian National Railway CompanyNYSE (also TSX: CNR), IndustrialsSUSuncor Energy Inc.NYSE (also TSX: SU), EnergyMGMagna International Inc.TSX (NYSE: MGA), Consumer DiscretionaryDOLDollarama Inc.TSX, Consumer Discretionary
Does not pass
RYRoyal Bank of CanadaNYSE (also TSX: RY), FinancialsJPMJPMorgan Chase & Co.NYSE, FinancialsUNHUnitedHealth Group IncorporatedNYSE, HealthcareBAThe Boeing CompanyNYSE, IndustrialsPYPLPayPal Holdings, Inc.NASDAQ, FinancialsLMTLockheed Martin CorporationNYSE, IndustrialsMOAltria Group, Inc.NYSE, Consumer StaplesBUDAnheuser-Busch InBev SA/NVNYSE (ADR), Consumer StaplesLVSLas Vegas Sands Corp.NYSE, Consumer DiscretionaryENBEnbridge Inc.NYSE (also TSX: ENB), EnergyTUTELUS CorporationNYSE (also TSX: T), Communication Services
Can't screen yet
Debt to market value
Passing companies closest to the 30% limit
The line marks the 30% limit.
One company's screen
Apple Inc. (AAPL)
Passes, with purification
Q2 FY2026 10-Q (period ended Mar 28, 2026) and FY2025 10-K business description. Designs and sells smartphones, computers, wearables, and related services; no prohibited primary business line.Pass
Halal investing 101How Shariah screening works, why apps disagree, purification with real numbers, and the ETFs by name.Riba in daily lifeMortgages, student loans, credit cards, and savings interest: the real scholarly range.Zakat, explainedNisab, the 2.5%, retirement accounts, and the parts calculators skip, with the real scholarly range.