76 Halal Stocks List – Shariah-Compliant Stock Investments (May 2026)

We screen stocks monthly against AAOIFI-style and MSCI Islamic Index criteria. All 76 stocks currently clear the checked-in ratio proxy and business-activity review used for these educational quote pages.

This list is designed as a research starting point, not a blanket buy recommendation. A halal stock still needs normal investment review: valuation, trend, liquidity, earnings quality, sector risk, and position sizing matter after the Shariah screen is complete. HalalSignalz separates those jobs so investors can first remove clearly non-compliant businesses, then compare the remaining opportunities on risk and reward.

The monthly passlist focuses on public companies whose core activity is generally permissible and whose financial ratios stay within commonly used Islamic finance thresholds. If a company approaches a limit, changes business lines, adds material interest-bearing debt, or reports new non-compliant revenue, it can move to watchlist status or be removed in a future update.

How to Read This Halal Stocks List

This stock passlist is built for first-pass research. It narrows the market to companies whose core business activity and latest available ratio proxy fit the current HalalSignalz screen, then links each ticker to a deeper quote page with business description, screening notes, chart context, and fundamentals. The list should reduce the number of companies you need to inspect, but it does not replace your own review of filings, valuation, timing, tax treatment, or scholar guidance.

The business screen comes before the balance-sheet screen. A company with low debt can still be unsuitable if its main revenue comes from conventional finance, gambling, alcohol, pork, adult entertainment, or other impermissible activity. For that reason, this page groups stocks by business category and shows the screening source beside each name instead of presenting the list as a generic performance ranking.

The ratio review focuses on commonly used Islamic finance thresholds, including interest-bearing debt, cash and interest-bearing assets, and reported interest or non-permissible income where a proxy is available. These values can change after earnings, acquisitions, debt issuance, buybacks, or large cash movements. A ticker appearing here as of May 7, 2026 should still be rechecked against the latest 10-Q, 10-K, annual report, or provider data before you treat it as investable.

The detail pages are intentionally separate from this index. The index helps you scan the universe quickly, while the ticker pages explain what each company does, why it is included, which ratios matter, and what to recheck before acting. If you are comparing similar names, open the related ticker pages side by side and look for cleaner business activity, fresher filings, stronger liquidity, and clearer risk controls rather than relying on the presence of a ticker in this list alone.

Halal status is also different from trade quality. A compliant stock can be overvalued, technically weak, crowded, volatile, or exposed to a near-term earnings risk. HalalSignalz treats screening as the first filter, then uses separate signal logic for entry, stop, target, and invalidation levels. That separation is important because a permissibility screen should not be confused with a buy signal.

When the list changes, removals are as important as additions. A company can leave the passlist because ratios no longer clear the threshold, because the business mix changed, or because available data became too incomplete to support a public halal claim. New additions should be read with the same caution: they passed the current snapshot, but future filings and business developments can still change the answer.

Investors who own one of these stocks should also consider purification. Even a generally permissible company can report small amounts of interest income or other non-core revenue that may require donation according to the investor's preferred Shariah method. This page flags the research universe; purification calculations should be performed with current figures and personal advice where needed.

Screening Criteria in Plain English

A halal stock screen starts by asking what the company actually does for customers. Software, semiconductors, medical devices, healthcare products, industrial gases, energy production, retail, and consumer staples can all be permissible categories when the company does not depend on prohibited products or contracts. Conventional banks, insurers, casinos, alcohol producers, pork businesses, and companies whose main revenue comes from interest-based lending are normally excluded before ratio math is considered.

The next layer is balance-sheet exposure. Islamic equity screens commonly look at interest-bearing debt relative to market value, cash and interest-bearing assets relative to market value, and impermissible income relative to total revenue. The exact threshold can vary by methodology, but the practical purpose is the same: avoid companies whose financing or treasury activity overwhelms an otherwise permissible operating business.

Market capitalization matters because many ratio screens compare debt or cash to company value rather than to book equity alone. A business can appear acceptable when its market value is high, then become questionable if the share price falls sharply while debt stays the same. That is one reason passlist pages need a current as-of date and why investors should recheck volatile stocks more often.

Revenue quality matters too. Some companies have a clean primary business but still report interest income, financing revenue, or other non-core income that may need purification. The public passlist does not calculate every investor's purification amount because holdings, dates, dividend receipts, and preferred scholarly method differ. It instead highlights that purification can apply even when a stock remains eligible for research.

Data availability is part of the screen. When FMP, Yahoo Finance, filings, and public provider data disagree or leave a field blank, HalalSignalz avoids pretending that an unsupported value is certain. Some stocks may stay out of the public list until the ratio picture is complete enough to defend, even if the business activity itself looks permissible.

Sector concentration should be reviewed after permissibility. A portfolio made only of technology stocks, healthcare stocks, or energy stocks may still be halal but could carry concentrated earnings, valuation, regulatory, or commodity risk. The category groupings on this page help readers notice whether a shortlist is becoming too dependent on one part of the market.

Ticker changes and corporate actions also need attention. The May 2026 refresh replaced Block's old SQ ticker with XYZ because public pages should match active market symbols. Mergers, spin-offs, acquisitions, name changes, and share-class changes can all affect both the route users search for and the screening evidence behind the page.

Finally, a halal screen is only the first step in a disciplined workflow. A reader can use this list to find candidates, use the detail page to understand the screening evidence, use the chart to judge timing, and then decide whether the position fits their own account size and risk rules. That order keeps the religious screen from being stretched into claims it does not make.

Total: 76 stocks | Last updated: May 7, 2026