Back to home
BKG.L logo

Is BKG.L (Berkeley Group Holdings PLC) Halal or Haram?

London Stock ExchangeConsumer CyclicalResidential Construction$3.04B2026-05-01
BKG.L is Doubtful3/4 screens passed

Berkeley Group Holdings is currently classified as Doubtful for shariah compliance due to a minor failure in its financial screening. While its debt-to-market cap (22.4%) and interest income (2.24%) comfortably pass AAOIFI thresholds, its cash and interest-bearing securities to market cap ratio sits at 33.4%, marginally exceeding the strict 33% limit.

Price Chart (5D)

$3438.00+38.00 (+1.12%)
2026-06-092026-06-03

BKG.L — Last 7 Days

DateOpenHighLowCloseVolumeChange
2026-06-093374.003458.003352.003446.0079K+2.13%
2026-06-083464.003482.003038.003392.00209K-2.08%
2026-06-053524.003526.003478.003490.00183K-0.96%
2026-06-043420.003490.003410.003480.00184K+1.75%
2026-06-033388.003422.003372.003398.00202K+0.30%
2026-06-023368.003430.003362.003384.00225K+0.48%
2026-06-013408.003444.003328.003360.00371K-1.41%

Discussion

Sign in to join the discussion

Loading comments...

Shariah Screening Details for BKG.L

Business Activity

Permissible

Berkeley Group Holdings passes the business activity screen because its core operations in residential and mixed-use property development and land selling are permissible under Islamic principles.

Debt / Market Cap

22.42%

Debt: $682.2MThreshold: ≤33%

Interest Income

2.24%

Interest: $55.8MThreshold: ≤5%

Cash & Securities

33.37%

Cash: $1.02BThreshold: ≤33%

About Berkeley Group Holdings PLC (BKG.L)

The Berkeley Group Holdings plc is a prominent UK-based property developer specializing in residential-led and mixed-use projects. Operating under well-known brands like St George and St James, the company develops properties and engages in land selling activities across the United Kingdom.

For Muslim investors, BKG.L currently holds a Doubtful shariah compliance status based on AAOIFI standards. Although its core property development business is fully permissible and it passes debt and interest income screens, it narrowly fails the liquidity screen.

Specifically, the company's cash and interest-bearing securities account for 33.4% of its market capitalization, just breaching the 33% maximum threshold. Conversely, its debt levels are healthy at 22.4%, and interest income remains low at 2.24% of total revenue.

Because the cash-to-market-cap ratio failure is extremely marginal, market fluctuations or minor balance sheet adjustments could quickly bring the stock back into compliance. Halal investors should monitor the company's cash positions and market valuation closely in upcoming quarters.

CEO

Richard James Stearn

Employees

2,610

IPO Date

1988-07-01

Headquarters

Cobham, GB

BKG.L Key Financial Statistics

Revenue

$2.49B

Net Income

$382.0M

EPS (Diluted)

$3.70

Stock Price

3260.00

Beta

1.25

52-Week Range

2796-4442

Total Debt

$682.2M

Total Equity

$3.56B

Current Ratio

3.36

BKG.L Financial Health & Profitability

Profit Margins

Gross Margin26.6%
Operating Margin20.1%
Net Margin15.4%

Revenue Growth (YoY)

+0.9%

Prior year: $2.46B

Net Cash

$333.0M

Cash: $1.02B — Debt: $682.2M

Frequently Asked Questions About BKG.L

Is BKG.L (Berkeley Group Holdings PLC) stock halal to invest in?
Based on our AAOIFI-standard shariah screening, BKG.L is classified as Doubtful. It passed 3 of 4 compliance screens. Some scholars may permit investing with income purification, while others advise avoiding it. We recommend consulting a qualified Islamic scholar before investing in BKG.L.
What does Berkeley Group Holdings PLC do?
The Berkeley Group Holdings plc is a prominent UK-based property developer specializing in residential-led and mixed-use projects. Operating under well-known brands like St George and St James, the company develops properties and engages in land selling activities across the United Kingdom. For Muslim investors, BKG.L currently holds a Doubtful shariah compliance status based on AAOIFI standards. Although its core property development business is fully permissible and it passes debt and interest income screens, it narrowly fails the liquidity screen. Specifically, the company's cash and interest-bearing securities account for 33.4% of its market capitalization, just breaching the 33% maximum threshold. Conversely, its debt levels are healthy at 22.4%, and interest income remains low at 2.24% of total revenue. Because the cash-to-market-cap ratio failure is extremely marginal, market fluctuations or minor balance sheet adjustments could quickly bring the stock back into compliance. Halal investors should monitor the company's cash positions and market valuation closely in upcoming quarters. Berkeley Group Holdings PLC operates in the Consumer Cyclical sector under the Residential Construction industry and is headquartered in Cobham, GB. The company is led by CEO Richard James Stearn and employs approximately 2,610 people.
What screening criteria were used for BKG.L?
BKG.L was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. BKG.L passed 3 of these 4 screens.
When was BKG.L last screened?
BKG.L was last screened on 2026-05-01. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.

Disclaimer

This shariah compliance assessment for BKG.L (Berkeley Group Holdings PLC) is provided for informational purposes only and does not constitute financial, investment, or religious advice. Screening criteria are based on widely accepted AAOIFI standards, but individual scholars may differ in their opinions. Always consult with a qualified Islamic scholar and licensed financial advisor before making investment decisions. Past screening status does not guarantee future compliance. Last screened: 2026-05-01.

Other Screened Stocks in Consumer Cyclical