Best Halal Stock Screeners 2026
Before you invest in any stock, verify its Shariah compliance. Compare the leading halal stock screeners by screening methodology, coverage, and features.
Instant Compliance Checks
Look up any publicly traded stock and get an immediate halal/non-halal verdict with detailed reasoning.
AAOIFI-Based Screening
Leading screeners apply globally recognized AAOIFI financial ratio criteria for consistent, scholarly-backed results.
Purification Guidance
Calculate how much dividend income to purify (donate) for stocks that pass screening but have minor impermissible revenue.
How Halal Stock Screening Works
Islamic stock screening filters companies through two layers of analysis: business activity screening (what the company does) and financial ratio screening (how the company is financed).
Business Activity Screening
Companies are first evaluated based on their primary business activities. Those involved in alcohol, tobacco, gambling, conventional interest-based banking, weapons manufacturing, or adult entertainment are excluded outright. For companies with mixed revenue streams, the AAOIFI standard typically allows impermissible revenue up to 5% of total revenue.
Financial Ratio Screening
Companies that pass the business screen are then evaluated on financial ratios. The key thresholds under AAOIFI standards include: debt-to-market-cap below 30%, interest-bearing deposits below 30% of market cap, and impermissible income below 5% of total revenue.
Purification
Even compliant stocks may earn small amounts of impermissible income. Investors calculate the "purification ratio" — the percentage of dividends that should be donated to charity. Most halal stock screeners calculate this automatically.
Frequently Asked Questions
Frequently Asked Questions
Quick Answer
Halal stock screeners analyze publicly traded companies against Islamic financial ratios — including debt-to-assets, interest income, and impermissible revenue — to determine Shariah compliance. Musaffa and Zoya are the leading screeners for U.S. investors.
Key Takeaways
- Screeners check financial ratios (debt, interest income, impermissible revenue) against AAOIFI thresholds
- Musaffa covers 30,000+ global stocks with purification tracking
- Zoya offers a mobile-first experience with portfolio monitoring
- Most screeners provide purification calculations for any non-compliant income
Reviewed quarterly and updated for major content changes.
Sources and review process
This page is reviewed against HalalWallet editorial standards and source documentation.
Reviewed by: HalalWallet Editorial Team
Last reviewed: 2026-03-06
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Important: HalalWallet provides educational information and comparisons to help you explore halal financial options. We do not provide financial, legal, or religious advice. Product structures and Shariah compliance oversight vary by provider. Always verify halal compliance directly with providers and consult with qualified Islamic finance advisors or scholars for guidance on specific products and your individual circumstances.