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Quick picks: Apple NVIDIA Tesla ๐Ÿ‡ฎ๐Ÿ‡ณ Reliance ๐Ÿ‡ฎ๐Ÿ‡ณ TCS ๐Ÿ‡ฎ๐Ÿ‡ณ Infosys ๐Ÿ‡ฎ๐Ÿ‡ณ Wipro ๐Ÿ‡ฎ๐Ÿ‡ณ HDFC Bank JPMorgan
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โœ— Prohibited activities

  • ๐Ÿท Alcohol production or distribution
  • ๐Ÿฆ Conventional banking & interest (riba)
  • ๐Ÿท Pork-related products
  • ๐Ÿšฌ Tobacco manufacturing
  • ๐ŸŽฐ Gambling & adult entertainment
  • โš”๏ธ Weapons & defence (majority opinion)

โœ“ Financial thresholds (AAOIFI)

Debt / assets
< 33%
Interest income
< 5% revenue
Cash & int. sec.
< 33% mkt cap
Receivables
< 49% assets

โš  Questionable stocks

Borderline financial ratios, or permissible core business with minor impermissible revenues. A purification payment proportional to haram income is recommended by most scholars.

๐Ÿ“š Screening standards

  • AAOIFI Shariah Standard No. 21
  • MSCI Islamic Index Methodology
  • Dow Jones Islamic Market Index
  • S&P Shariah Indices criteria

Universal coverage

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Live data sources

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Yahoo Finance โ€” price history charts.
Screening โ€” AI-assisted based on sector and financial ratios.

Disclaimer

For educational purposes only. Shariah rulings may differ between scholars. Always consult a qualified Islamic finance scholar and registered financial advisor before investing.