Halal Stock Analysis
Expert Shariah compliance reviews for individual stocks. Each analysis examines AAOIFI financial screening, ethical concerns, and scholarly perspectives.
Wondering if NVIDIA, Tesla, Microsoft, or Google stock is halal? Our detailed analyses go beyond basic ratios to explore ethical flags, business model concerns, and areas of scholarly disagreement. Updated monthly with the latest SEC filings.
Is AST SpaceMobile Stock Halal? A Permissible Business That Fails on Interest.
AST SpaceMobile (ASTS) is NON-COMPLIANT. Interest income is 69% of revenue. The satellite broadband business is permissible but pre-commercial.
Is Eli Lilly Stock Halal?
Eli Lilly (LLY) is COMPLIANT under AAOIFI with 0.42% prohibited income. The $27B Mounjaro/Zepbound franchise clears every threshold.
Is IREN Stock Halal?
IREN passes AAOIFI with a 29.8% debt ratio, 0.2 points below the 30% threshold. Bitcoin miner pivoting to AI cloud, barely compliant.
Is Micron Stock Halal?
Micron (MU) is COMPLIANT under AAOIFI with 0.99% prohibited income. One of three companies that make the world's memory chips.
Is Nebius Stock Halal?
Nebius (NBIS) is NON-COMPLIANT. Interest income is 54% of revenue from post-Yandex cash reserves. Four permissible businesses, one ratio problem.
Is Rocket Lab Stock Halal?
Rocket Lab (RKLB) passes AAOIFI with 4.08% prohibited income. But over half the backlog is defense, raising questions the ratios don't capture.
Is TSMC Stock Halal? Every Advanced Chip on Earth Runs Through One Company.
TSMC (TSM) is COMPLIANT under AAOIFI with 0.16% debt and 3.01% prohibited income. The $1.76T foundry monopoly passes all screens.
Is Apple Stock Halal in March 2026?
Apple (AAPL) passes AAOIFI screening with 2.3% debt and ~3.95% prohibited income, barely under the 5% ceiling. Music, TV+, and Arcade drive the number.
Is ASML Stock Halal in March 2026?
ASML (ASML) passes AAOIFI screening with 1.0% debt and 1.41% prohibited income. Monopoly on EUV lithography. No military or UN concerns.
Is Costco Stock Halal? Barely. 4.26% Prohibited Income on a 5% Ceiling.
Costco (COST) passes AAOIFI screening with 4.26% prohibited income, just 0.74 points below the 5% ceiling. World's largest alcohol retailer.
Why HLAL Failed 22 AAOIFI Screens
We ran every HLAL holding through AAOIFI screening. 22 came back non-compliant, not from data errors but because FTSE and AAOIFI draw the line differently.
Halal Stock Screening's Data Problem
Most halal stock screeners present estimates as calculations. The inputs behind those clean ratios involve judgment calls that the numbers hide.
Is Applied Digital Stock Halal in February 2026?
Applied Digital (APLD) fails AAOIFI screening with 31.09% debt ratio, just over the 30% limit. Cash and interest income ratios pass.
Is AppLovin Stock Halal in February 2026?
AppLovin (APP) passes AAOIFI screening with 2.52% debt and 0.15% interest income. Clean ratios, but short seller allegations and an SEC probe loom.
Is Arista Networks Stock Halal in February 2026?
Arista Networks (ANET) passes AAOIFI screening with 0% debt and 4.26% interest income. The cloud networking leader wiring AI data centers.
Is Cadence Design Systems Stock Halal in February 2026?
Cadence (CDNS) passes AAOIFI screening with 3.08% debt and 1.92% interest income. Half of the EDA duopoly powering advanced chip design.
Is ARM Stock Halal in February 2026?
ARM Holdings (ARM) passes AAOIFI screening with near-zero debt and 2.89% interest income. Licenses chip designs powering half of hyperscaler compute.
Is Snowflake Stock Halal in February 2026?
Snowflake (SNOW) passes AAOIFI screening with 4.07% interest income, just 0.93pp below the 5% limit. Trending in the right direction.
Is Super Micro Computer Stock Halal in February 2026?
Super Micro Computer (SMCI) passes AAOIFI screening with 25.81% debt and 0.37% interest income. Compliant, but accounting controversies linger.
Is UiPath Stock Halal in February 2026?
UiPath (PATH) passes AAOIFI screening with zero debt and 3.12% interest income. The enterprise automation platform is pivoting to agentic AI.
Is Airbnb Stock Halal in February 2026?
Airbnb (ABNB) fails AAOIFI screening with 5.76% interest income, exceeding the 5% threshold. The platform is permissible but earns too much interest.
Is Amazon Stock Halal? No. Prime Video Pushes It Over the Line.
Amazon (AMZN) fails AAOIFI screening. Prime Video and Amazon Music push prohibited income to 6.36%, above the 5% threshold.
Is Microsoft Stock Halal in February 2026?
Microsoft (MSFT) passes AAOIFI screening with 0.94% impermissible income. Gaming revenue raises scholarly questions but stays well within limits.
Is Netflix Stock Halal? The Numbers Pass Every Test. The Content Doesn't.
Netflix (NFLX) fails AAOIFI screening despite passing all financial ratios. The problem is the product: entertainment with substantial explicit content.
Is Palantir Stock Halal in February 2026?
Palantir (PLTR) fails AAOIFI screening on two counts: military targeting software as core business and 5.12% interest income ratio.
Is Robinhood Stock Halal? No. The Numbers Are as Bad as the Business.
Robinhood (HOOD) fails AAOIFI on multiple counts. 33.85% of revenue is interest, plus options derivatives and prediction market gambling.
Is Spotify Stock Halal in February 2026?
Spotify (SPOT) fails AAOIFI screening despite clean financial ratios. Core business is music distribution, which most scholars consider impermissible.
Is Tesla Stock Halal? Yes. The Insurance Arm Loses Money. That Helps.
Tesla (TSLA) passes AAOIFI screening with 1.77% prohibited income. Holds 11,509 Bitcoin ($1.24B) and runs a money-losing insurance arm. Clean overall.
Is AMD Stock Halal in February 2026?
AMD passes AAOIFI screening with 1.0% debt ratio and 0.62% prohibited income. Competes with Intel in CPUs and NVIDIA in GPUs.
Is Broadcom Stock Halal in February 2026?
Broadcom (AVGO) passes AAOIFI screening with 4.33% debt and 0.99% prohibited income. The AI chip leader designs custom silicon for hyperscalers.
Is Meta Stock Halal in February 2026?
Meta (META) passes AAOIFI screening with 3.2% debt and 1.06% interest income. Core business is ads, not content distribution. Ethical concerns remain.
Is Disney Stock Halal in January 2026?
Disney (DIS) is non-compliant under AAOIFI Standard 21. Entertainment and streaming (Disney+, Hulu) fail the business activity screen outright.
Is Uber Stock Halal in January 2026?
Uber (UBER) passes AAOIFI screening with 7.2% debt and 1.53% prohibited income. $743M interest from cash holdings. Major labor ethics concerns.
Is Intel Stock Halal in January 2026?
Intel (INTC) passes AAOIFI screening with 21.6% debt and 1.91% prohibited income. Major ethical concerns: Israel operations and military contracts.
Is Visa Stock Halal in January 2026?
Visa (V) passes AAOIFI screening with 3.4% debt and 1.98% prohibited income. Visa earns processing fees, not credit card interest.
Is Google Stock Halal in January 2026?
Alphabet (GOOGL) passes AAOIFI screening with 1.27% debt and ~4.08% prohibited income, close to the 5% ceiling. Project Nimbus raises ethical concerns.
Is NVIDIA Stock Halal? Financially, Yes. Ethically, Read the UN Report.
NVIDIA (NVDA) passes AAOIFI screening with 1.20% interest income. Named in a UN report on genocide complicity. Halal and ethical are not the same.
Is Figma Stock Halal? Zero Debt, Pure SaaS, Still Non-Compliant
Figma (FIG) fails AAOIFI screening despite zero debt. Interest income hits 6.4% of revenue, exceeding the 5% threshold by a wide margin.
Getting Started with Halal Investing: A Beginner's Guide
A practical guide for Muslims who want to start investing in the stock market while maintaining Shariah compliance.