Halal Nasdaq 100 Stocks
A complete list of Nasdaq 100 companies that pass AAOIFI shariah screening. The Nasdaq 100 is home to the world's most innovative technology, biotech, and consumer companies. Every stock has been analysed across four criteria: business activity, debt ratio, interest income, and cash ratios.
67
Halal stocks
8
Sectors covered
4
Screening criteria
Halal Nasdaq 100 Stocks
67 Nasdaq 100 companies currently pass all shariah criteria, spanning 8 sectors. Click any stock for its full screening report.
Technology
32 halal
Apple Inc.
Analog Devices, Inc.
Autodesk, Inc.
Advanced Micro Devices, Inc.
ASML Holding N.V.
Broadcom Inc.
Cadence Design Systems, Inc.
CrowdStrike Holdings, Inc.
Cisco Systems, Inc.
Cognizant Technology Solutions Corporation
Datadog, Inc.
Fortinet, Inc.
Alphabet Inc.
Alphabet Inc.
Intel Corporation
Intuit Inc.
KLA Corporation
Lam Research Corporation
Microchip Technology Incorporated
Meta Platforms, Inc.
Microsoft Corporation
Micron Technology, Inc.
NVIDIA Corporation
NXP Semiconductors N.V.
ON Semiconductor Corporation
Palo Alto Networks, Inc.
QUALCOMM Incorporated
Super Micro Computer, Inc.
Synopsys, Inc.
The Trade Desk, Inc.
Texas Instruments Incorporated
Workday, Inc.
Healthcare
10 halal
Amgen Inc.
AstraZeneca PLC
Biogen Inc.
DexCom, Inc.
GE HealthCare Technologies Inc.
Gilead Sciences, Inc.
IDEXX Laboratories, Inc.
Intuitive Surgical, Inc.
Regeneron Pharmaceuticals, Inc.
Vertex Pharmaceuticals Incorporated
Industrials
10 halal
Axon Enterprise, Inc.
Copart, Inc.
Cintas Corporation
Fastenal Company
Honeywell International Inc.
Old Dominion Freight Line, Inc.
Paychex, Inc.
PACCAR Inc
Roper Technologies, Inc.
Verisk Analytics, Inc.
Consumer Cyclical
7 halal
Amazon.com, Inc.
Booking Holdings Inc.
Marriott International, Inc.
O'Reilly Automotive, Inc.
Ross Stores, Inc.
Starbucks Corporation
Tesla, Inc.
Consumer Defensive
2 halal
Communication Services
3 halal
Energy
2 halal
Utilities
1 halal
What is the Nasdaq 100?
The Nasdaq 100 index tracks the 100 largest non-financial companies listed on the Nasdaq Stock Market. It is heavily weighted towards technology, with major holdings in software, semiconductors, e-commerce, biotechnology, and consumer internet.
Unlike the S&P 500, the Nasdaq 100 excludes financial companies (banks, insurance) by design — making it inherently more halal-friendly, as one of the biggest categories of haram stocks is already removed.
The index includes global technology leaders like Apple, Microsoft, NVIDIA, Amazon, and Meta, as well as biotech companies, e-commerce platforms, and industrial technology firms. Based on our current screening, 67 Nasdaq 100 companies pass all four AAOIFI criteria.
How We Screen for Halal Compliance
Our methodology follows AAOIFI (Accounting and Auditing Organisation for Islamic Financial Institutions) standards.
1. Business Activity
No significant revenue from alcohol, gambling, tobacco, pork, weapons, or conventional interest-based banking and insurance.
2. Debt Ratio ≤ 33%
Total debt divided by market capitalisation must be below 33%. Heavily leveraged companies rely excessively on interest-bearing borrowing (riba).
3. Interest Income ≤ 5%
Interest income as a share of total revenue must not exceed 5%, ensuring no material forbidden interest-based income.
4. Cash & Securities ≤ 33%
Cash and short-term interest-bearing investments must stay below 33% of market cap.
Why Invest in These Stocks?
Technology-led growth
The Nasdaq 100 has been the best-performing major index over the past 20 years, driven by the exponential growth of software, cloud computing, AI, and digital platforms. Halal investors can access this growth through shariah-compliant constituents.
No financial companies
The Nasdaq 100 excludes financial sector companies by design, removing one of the largest categories of haram stocks (banks, insurance). This makes the index inherently more compatible with shariah screening than the S&P 500.
Innovation exposure
AI, quantum computing, genomics, autonomous vehicles, and cloud infrastructure are all represented in the Nasdaq 100. Many of the companies driving these revolutions pass shariah screens.
Global reach
Despite being a US index, Nasdaq 100 companies generate revenue globally. Companies like Apple, Microsoft, and NVIDIA sell products in every country — offering international exposure through a US-listed vehicle.
Why Are Some Companies Excluded?
Excessive cash in interest-bearing instruments: Some large tech companies accumulate hundreds of billions in Treasury bonds and other interest-bearing securities. If this exceeds 33% of market cap, they fail the cash screen — the most common exclusion in the Nasdaq 100.
Interest income: In high interest rate environments, large cash balances generate substantial interest income. If this exceeds 5% of total revenue, the stock fails the interest income screen.
Gambling or adult content platforms: Some consumer internet companies derive revenue from gambling, adult content, or other prohibited categories, causing them to fail the business activity screen.
Frequently Asked Questions
Is the Nasdaq 100 more halal-friendly than the S&P 500?
Yes — the Nasdaq 100 excludes financial companies by design, which removes banks, insurance companies, and other conventional finance businesses that are typically not halal. This means a higher proportion of Nasdaq 100 companies pass shariah screens compared to the broader S&P 500.
Which Nasdaq 100 stocks are halal?
Based on our current screening, 67 Nasdaq 100 companies pass all four AAOIFI shariah criteria. The full list is on this page. The most commonly halal Nasdaq stocks tend to be software, semiconductor, biotech, and industrial technology companies with low debt and limited interest income.
Is Netflix (NFLX) halal?
Netflix's streaming service delivers video content to subscribers. Scholars differ on Netflix — the platform itself is permissible, but it also streams content that contains prohibited material (violence, adult content, etc.). Some scholars classify it as doubtful. Check the NFLX page for the current screening result.
Is PayPal (PYPL) halal?
PayPal operates a digital payments platform. While payments technology is generally permissible, PayPal may earn interest income on customer funds held on its platform, and it offers buy-now-pay-later products which may have interest elements. Check the PYPL page for the current result.
Can UK investors buy Nasdaq stocks?
Yes — UK investors can buy Nasdaq-listed stocks through most online brokers including Interactive Brokers, eToro, and Trading 212. Alternatively, the iShares MSCI USA Islamic UCITS ETF (ISUS.L) on the London Stock Exchange provides exposure to halal US stocks.
Check Any Stock's Halal Status
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