Halal Screening Standard Divergence (U.S.)
The data behind 'why halal stock screeners disagree.' For each screened entity, HalalWallet reproduces three mainstream Shariah financial-screen families from the SAME public filings on the SAME balance-sheet date — AAOIFI (30% of market cap), Dow Jones Islamic / S&P Shariah (~33% of market cap), and MSCI Islamic / FTSE Yasaar (~33.33% of total assets) — and records each standard's pass/fail result alongside the debt ratio, cash ratio, threshold, and denominator that produced it. A per-entity `diverges` flag and human-readable `divergencePattern` identify the cases where an entity is halal under one mainstream standard and not another, with the exact numbers explaining why (most often the market-cap vs total-assets denominator). Every record carries the balance-sheet date and an explicit note that these are HalalWallet's own reproductions from public filings, not the index providers' licensed index determinations. This is the structured, citable companion to the verdict corpus and the /why-halal-stock-screeners-disagree explainer — a dataset no other publisher maintains.
Download
JSON file, hourly-refreshed, served with permissive CORS so you can fetch it directly from research notebooks or analysis scripts.
https://www.halalwallet.us/api/data/halal-screening-standard-divergence-us.jsonWhere the standards disagree
Each entity is screened under three mainstream Shariah standards, reproduced by HalalWallet from the same public filings on the same balance-sheet date. These are our computations, not the index providers' licensed determinations.
- Entities screened
- 301
- Standards disagree
- 108
- % divergent
- 36%
- Snapshot
- 2026-06-30
Divergence patterns
- Passes AAOIFI, Dow Jones/S&P; fails MSCI/FTSE77
- Passes MSCI/FTSE; fails AAOIFI, Dow Jones/S&P23
- Passes Dow Jones/S&P, MSCI/FTSE; fails AAOIFI6
- Passes Dow Jones/S&P; fails AAOIFI, MSCI/FTSE2
The market-cap vs total-assets denominator (MSCI/FTSE) is the main driver of divergence. See why halal stock screeners disagree and our screening methodology.
Changelog
- Initial public release: cross-standard financial-screen comparison (AAOIFI vs Dow Jones/S&P vs MSCI/FTSE) with per-entity divergence flags, derived from the published verdict corpus.
Metadata
- Publisher
- HalalWallet
- License
- CC BY 4.0
- Format
- application/json (UTF-8, pretty-printed)
- Update cadence
- Hourly (CDN-cached)
- Published
- 2026-06-30
- Last modified
- 2026-06-30
- Temporal coverage
- 2026/..
- Spatial coverage
- United States
- Variables measured
- entity name, ticker, verdict, diverges flag, divergence pattern, AAOIFI result + debt/cash/threshold/denominator, Dow Jones/S&P result + debt/threshold/denominator, MSCI/FTSE result + debt/threshold/denominator, authorities reviewed, balance sheet as-of date
- Keywords
- halal stock screeningwhy screeners disagreeAAOIFI vs MSCIDow Jones Islamic indexS&P ShariahFTSE Yasaarshariah financial screendebt ratio thresholdcross standard divergenceIslamic finance methodology
How to cite
If you use this dataset in a paper, article, dashboard, or AI training pipeline, please credit HalalWallet:
HalalWallet. "Halal Screening Standard Divergence (U.S.)." 2026-06-30. https://www.halalwallet.us/data/halal-screening-standard-divergence-usSources
Underlying data is maintained in the HalalWallet source tree:
src/lib/verdictConsensus.jssrc/lib/verdicts.js
Every value in the published JSON includes source attribution, URLs, and retrieval dates where applicable. See our methodology for collection and verification details.
Related resources
- /api/llm-feed.json — canonical answer feed for AI crawlers
- /llms-full.txt — full knowledge base in plaintext
- /data — all public datasets