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Is FedEx Stock Halal? FedEx Corporation (FDX) does not pass Shariah screening: interest-bearing debt / market cap is 31.3% against the < 30% limit (data as of 2026-02-28). Screened alternatives exist in the same sector — see the halal stock screeners and ETF guides below. Reviewed 2026-06-14. Published by HalalWallet.

Is FedEx Stock Halal?

FedEx Corporation · FDX · NYSE

Not HalalNot permissible

FedEx Corporation (FDX) does not pass Shariah screening: interest-bearing debt / market cap is 31.3% against the < 30% limit (data as of 2026-02-28). Screened alternatives exist in the same sector — see the halal stock screeners and ETF guides below.

Financial data as of 2026-02-28 · Screening basis: AAOIFI · Last reviewed 2026-06-14

Business Activity Screen

Pass· impermissible revenue ≈ 0.4% (AAOIFI limit < 5%)

FedEx Corporation is a prominent global entity that delivers an extensive array of services encompassing transportation, e-commerce solutions, and diverse business support, catering to clients both within the United States and across international borders. Its operational structure is divided into several key segments: The FedEx Express division specializes in expedited shipping, offering rapid package and freight delivery, crucial time-sensitive logistics, and comprehensive cross-border, techno

Industry: Integrated Freight & Logistics · Sector: Industrials. Verify revenue segments in the latest 10-K for impermissible lines.

Financial Ratio Screen

ScreenValueAAOIFI limitResult
Interest-bearing debt / market cap31.3%< 30% Fail
Cash + interest-bearing securities / market cap9.9%< 30% Pass
Impermissible income / total revenueInterest income only — verify other impermissible revenue lines in the 10-K0.4%< 5% Pass

Spot market cap at research date (consider trailing average for borderline names). Data as of 2026-02-28 · thresholds per AAOIFI Shariah standards.

This verdict uses the AAOIFI standard — the most widely used and, at a 30% debt limit, the most conservative mainstream Shariah standard. Interest-bearing debt and interest-bearing securities each stay under 30% of market cap, and impermissible income under 5% of revenue. Other standards (Dow Jones Islamic, S&P Shariah, MSCI Islamic, FTSE Yasaar) use ~33% limits or screen against total assets, so a borderline company can be rated differently by each. How we screen & why screeners disagree →

How FedEx screens across Shariah standards

The standards disagree on this company. It passes some Shariah screens and fails others — which is exactly why you may see a different answer in different apps. Our headline verdict uses AAOIFI, the strictest and most widely cited mainstream standard.

StandardDebtCash & interest securitiesLimit / basisResult
AAOIFI (our standard)31.3%9.9%< 30% of market cap Fail
Dow Jones Islamic / S&P Shariah thresholdDow Jones and S&P apply this limit against a trailing 24–36-month average market cap; shown here on the same point-in-time market cap for comparison.31.3%9.9%< 33% of market cap Pass
MSCI Islamic / FTSE Yasaar basisTotal-assets denominator. MSCI/FTSE also apply entry/exit buffers and a receivables screen we do not reproduce.26.7%8.5%< 33.33% of total assets Pass

HalalWallet computation reproducing each standard's threshold and denominator from public filings (balance sheet as of 2026-02-28)not the providers' licensed index determinations, which can differ. Debt is interest-bearing borrowings (operating leases excluded). The impermissible-income screen (< 5% of revenue) is common to all of these standards and is shown in the ratio table above. Dow Jones and S&P apply their limit against a trailing 24–36-month average market cap; MSCI and FTSE add entry/exit buffers and a receivables screen. Full methodology →

These companies pass under some mainstream standards and fail under others — the same pattern as this verdict. That is why two apps can show different answers.

See all 52 stocks where standards split

What to do instead

You don't have to choose between investing and your values — screened alternatives exist for nearly every position.

Related guides

Consider Consulting an Islamic Scholar

Major whether FedEx Corporation is halal decisions often involve nuances that vary by scholarly opinion and personal circumstance. While HalalWallet provides educational comparisons and tools, we are not scholars or financial advisors. For personal guidance on Shariah compliance, consider speaking with a qualified Islamic scholar, your local imam, or a Shariah-certified financial advisor familiar with your situation.

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Sources and review process

This page is reviewed against HalalWallet editorial standards and source documentation.

Reviewed by: HalalWallet Editorial Team

Last reviewed: 2026-06-01

How to cite this page

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HalalWallet. “Is FedEx Stock Halal?.” HalalWallet, https://www.halalwallet.us/is-it-halal/fedex-stock. Accessed 2026-06-15.

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HalalWallet Editorial Team

Editorial Team, HalalWallet

Independent halal finance research

Reviewed by: HalalWallet Editorial TeamLast reviewed: 2026-06-14Disclosure: Featured partners may compensate HalalWallet for clicks. Editorial policy and full disclosures.

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