AAOIFI 30/30/5 Screening

Halal Stocks in the NASDAQ-100

The NASDAQ-100 includes the 100 largest non-financial companies listed on the Nasdaq stock exchange. It is heavily weighted toward technology and growth stocks, making it a key benchmark for the tech sector.

27

Compliant

3

Non-Compliant

0

Needs Review

NASDAQ-100 Shariah Compliance Results

30 stocks screened against AAOIFI 30/30/5 standards.

SymbolCompanyStatus
AAPLApple Inc.Compliant
MSFTMicrosoft CorporationCompliant
GOOGLAlphabet Inc.Compliant
AMZNAmazon.com, Inc.Compliant
NVDANVIDIA CorporationCompliant
METAMeta Platforms, Inc.Compliant
TSLATesla, Inc.Compliant
AVGOBroadcom Inc.Compliant
PEPPepsiCo, Inc.Compliant
COSTCostco Wholesale CorporationCompliant
CSCOCisco Systems, Inc.Compliant
CMCSAComcast CorporationNon-Compliant
TXNTexas Instruments IncorporatedCompliant
INTCIntel CorporationCompliant
QCOMQUALCOMM IncorporatedCompliant
AMDAdvanced Micro Devices, Inc.Compliant
AMGNAmgen Inc.Compliant
ISRGIntuitive Surgical, Inc.Compliant
HONHoneywell International Inc.Non-Compliant
REGNRegeneron Pharmaceuticals, Inc.Compliant
GILDGilead Sciences, Inc.Compliant
MDLZMondelez International, Inc.Compliant
ADPAutomatic Data Processing, Inc.Compliant
ADIAnalog Devices, Inc.Compliant
LRCXLam Research CorporationCompliant
KLACKLA CorporationCompliant
MRVLMarvell Technology, Inc.Non-Compliant
SNPSSynopsys, Inc.Compliant
CDNSCadence Design Systems, Inc.Compliant
PANWPalo Alto Networks, Inc.Compliant

Frequently Asked Questions

Which NASDAQ-100 stocks are halal?

Based on AAOIFI 30/30/5 screening, 27 out of 30 screened NASDAQ-100 stocks are currently Shariah compliant. Compliance status is updated regularly as new financial data becomes available. Use the table above to see the full breakdown of compliant, non-compliant, and needs-review stocks.

What is the AAOIFI 30/30/5 screening standard?

The AAOIFI 30/30/5 standard is the most widely adopted Shariah screening methodology. It requires: (1) the company does not primarily operate in haram industries, (2) interest-bearing debt is below 30% of market capitalization, (3) cash and interest-bearing securities are below 30% of market cap, and (4) non-permissible income is below 5% of total revenue. A stock must pass all four criteria to be considered Shariah compliant.

Can a NASDAQ-100 stock's halal status change?

Yes. Shariah compliance status can change every quarter when companies release new financial data. Changes in debt levels, cash holdings, or revenue composition can push a stock above or below the AAOIFI thresholds. Halalytic uses the latest available financial data so you always see the current compliance status. We recommend checking compliance regularly, especially after earnings reports.

How do I invest in halal NASDAQ-100 stocks?

First, check which NASDAQ-100 stocks are Shariah compliant using the table on this page. Then open an account with a broker that supports halal investing. Only invest in stocks that pass AAOIFI screening. For any compliant stock with a small non-permissible income ratio, calculate and donate the purification (tazkiyah) amount to charity. Alternatively, consider Shariah-compliant ETFs like SPUS or HLAL that pre-screen the S&P 500 for halal compliance.

Do I need to pay zakat on NASDAQ-100 stocks?

Yes. If you hold stocks for investment (not just for day trading), you must pay zakat of 2.5% on the market value of your holdings once they exceed the nisab threshold and have been held for one full lunar year (hawl). Use the Halalytic Zakat Calculator to determine your exact zakat obligation on stock holdings.

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Good to know: Compliance status can change as new company data becomes available. For important decisions, we recommend checking the current data and confirming the result with a qualified Shariah adviser.

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