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for Shariah compliance
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โ Prohibited activities
- ๐ท Alcohol production or distribution
- ๐ฆ Conventional banking & interest (riba)
- ๐ท Pork-related products
- ๐ฌ Tobacco manufacturing
- ๐ฐ Gambling & adult entertainment
- โ๏ธ Weapons & defence (majority opinion)
โ Financial thresholds (AAOIFI)
โ 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.
๐ Screening standards
- AAOIFI Shariah Standard No. 21
- MSCI Islamic Index Methodology
- Dow Jones Islamic Market Index
- S&P Shariah Indices criteria
Universal coverage
Search any company by name โ we find the ticker automatically using Finnhub's global symbol search, covering NYSE, NASDAQ, NSE, BSE, LSE, TSX, ASX and 50+ other exchanges.
Live data sources
Finnhub โ company search, live prices, profiles.
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.