Halal S&P 500 Stocks
A complete list of S&P 500 companies that pass AAOIFI shariah screening. Every stock has been analysed across four criteria: permissible business activity, debt-to-market-cap ratio, interest income ratio, and cash-and-securities ratio. Only companies passing all four screens are listed below.
259
Halal stocks
10
Sectors covered
4
Screening criteria
Halal S&P 500 Stocks by Sector
259 S&P 500 companies currently pass all shariah criteria, spanning 10 sectors. Click any stock for its full screening report.
Technology
66 halal
Apple Inc.
Accenture plc
Analog Devices, Inc.
Autodesk, Inc.
Applied Materials, Inc.
Advanced Micro Devices, Inc.
Arista Networks, Inc.
Broadcom Inc.
Broadridge Financial Solutions, Inc.
Cadence Design Systems, Inc.
Ciena Corporation
Coherent, Inc.
Salesforce, Inc.
CrowdStrike Holdings, Inc.
Cognizant Technology Solutions Corporation
Datadog, Inc.
EPAM Systems, Inc.
F5, Inc.
Fair Isaac Corporation
Fidelity National Information Services, Inc.
Fortinet, Inc.
Fortive Corporation
Corning Incorporated
Alphabet Inc.
Alphabet Inc.
Garmin Ltd.
International Business Machines Corporation
Intel Corporation
Intuit Inc.
Jabil Inc.
Jack Henry & Associates, Inc.
Keysight Technologies, Inc.
KLA Corporation
Leidos Holdings, Inc.
Lumentum Holdings Inc.
Lam Research Corporation
Microchip Technology Incorporated
Meta Platforms, Inc.
Monolithic Power Systems, Inc.
Microsoft Corporation
Motorola Solutions, Inc.
Micron Technology, Inc.
ServiceNow, Inc.
NetApp, Inc.
NVIDIA Corporation
NXP Semiconductors N.V.
ON Semiconductor Corporation
Palo Alto Networks, Inc.
PTC Inc.
Qnity Electronics, Inc.
QUALCOMM Incorporated
Sandisk Corporation
Synopsys, Inc.
Seagate Technology Holdings plc
Skyworks Solutions, Inc.
Teledyne Technologies Incorporated
TE Connectivity Ltd.
Teradyne, Inc.
Trimble Inc.
The Trade Desk, Inc.
Texas Instruments Incorporated
Tyler Technologies, Inc.
VeriSign, Inc.
Workday, Inc.
Western Digital Corporation
Zebra Technologies Corporation
Healthcare
36 halal
Agilent Technologies, Inc.
AbbVie Inc.
Abbott Laboratories
Align Technology, Inc.
Amgen Inc.
Biogen Inc.
Boston Scientific Corporation
Cardinal Health, Inc.
The Cooper Companies, Inc.
Cencora, Inc.
Danaher Corporation
DexCom, Inc.
Edwards Lifesciences Corporation
GE HealthCare Technologies Inc.
Gilead Sciences, Inc.
IDEXX Laboratories, Inc.
Incyte Corporation
Intuitive Surgical, Inc.
Johnson & Johnson
Eli Lilly and Company
McKesson Corporation
Medtronic plc
Merck & Co., Inc.
Mettler-Toledo International Inc.
Insulet Corporation
Regeneron Pharmaceuticals, Inc.
ResMed Inc.
STERIS plc
Stryker Corporation
Bio-Techne Corporation
Thermo Fisher Scientific Inc.
UnitedHealth Group Incorporated
Vertex Pharmaceuticals Incorporated
Waters Corporation
West Pharmaceutical Services, Inc.
Zoetis Inc.
Industrials
65 halal
Automatic Data Processing, Inc.
Allegion plc
AMETEK, Inc.
A. O. Smith Corporation
Avery Dennison Corporation
Axon Enterprise, Inc.
The Boeing Company
Carrier Global Corporation
Caterpillar Inc.
C.H. Robinson Worldwide, Inc.
Cummins Inc.
Copart, Inc.
CSX Corporation
Cintas Corporation
Dover Corporation
Equifax Inc.
EMCOR Group, Inc.
Emerson Electric Co.
Expeditors International of Washington, Inc.
Fastenal Company
Comfort Systems USA, Inc.
General Dynamics Corporation
GE Aerospace
Generac Holdings Inc.
W.W. Grainger, Inc.
Huntington Ingalls Industries, Inc.
Honeywell International Inc.
Hubbell Incorporated
Howmet Aerospace Inc.
IDEX Corporation
Ingersoll Rand Inc.
Illinois Tool Works Inc.
Jacobs Solutions Inc.
J.B. Hunt Transport Services, Inc.
Johnson Controls International plc
L3Harris Technologies, Inc.
Lennox International Inc.
Lockheed Martin Corporation
Masco Corporation
Nordson Corporation
Northrop Grumman Corporation
Norfolk Southern Corporation
Old Dominion Freight Line, Inc.
Otis Worldwide Corporation
Paychex, Inc.
PACCAR Inc
Parker-Hannifin Corporation
Pentair plc
Pool Corporation
Quanta Services, Inc.
Rockwell Automation, Inc.
Roper Technologies, Inc.
Republic Services, Inc.
RTX Corporation
Snap-on Incorporated
Trane Technologies plc
Textron Inc.
Union Pacific Corporation
United Rentals, Inc.
Veralto Corporation
Verisk Analytics, Inc.
Vertiv Holdings Co
Westinghouse Air Brake Technologies Corporation
Waste Management, Inc.
Xylem Inc.
Consumer Cyclical
30 halal
Amazon.com, Inc.
Booking Holdings Inc.
Casey's General Stores, Inc.
Carvana Co.
Deckers Outdoor Corporation
D.R. Horton, Inc.
Darden Restaurants, Inc.
eBay Inc.
Expedia Group, Inc.
Hasbro, Inc.
The Home Depot, Inc.
Hilton Worldwide Holdings Inc.
Lennar Corporation
Lowe's Companies, Inc.
Marriott International, Inc.
McDonald's Corporation
NVR, Inc.
PulteGroup, Inc.
Packaging Corporation of America
Royal Caribbean Cruises Ltd.
Ralph Lauren Corporation
Rollins, Inc.
Ross Stores, Inc.
Starbucks Corporation
The TJX Companies, Inc.
Tapestry, Inc.
Tesla, Inc.
Ulta Beauty, Inc.
Williams-Sonoma, Inc.
Yum! Brands, Inc.
Consumer Defensive
14 halal
Archer-Daniels-Midland Company
Church & Dwight Co., Inc.
Colgate-Palmolive Company
The Clorox Company
Costco Wholesale Corporation
Dollar Tree, Inc.
Hormel Foods Corporation
The Hershey Company
Kimberly-Clark Corporation
Kenvue Inc.
Mondelez International, Inc.
McCormick & Company, Incorporated
The Procter & Gamble Company
Walmart Inc.
Communication Services
9 halal
DoorDash, Inc.
Electronic Arts Inc.
Fox Corporation
Fox Corporation
Netflix, Inc.
News Corporation
News Corporation
TKO Group Holdings, Inc.
Take-Two Interactive Software, Inc.
Energy
16 halal
Baker Hughes Company
Coterra Energy Inc.
Chevron Corporation
Devon Energy Corporation
EOG Resources, Inc.
EQT Corporation
Expand Energy Corporation
Diamondback Energy, Inc.
First Solar, Inc.
Halliburton Company
SLB N.V.
Texas Pacific Land Corporation
Targa Resources Corp.
Valero Energy Corporation
The Williams Companies, Inc.
Exxon Mobil Corporation
Basic Materials
14 halal
Albemarle Corporation
Air Products and Chemicals, Inc.
CF Industries Holdings, Inc.
CRH plc
Corteva, Inc.
DuPont de Nemours, Inc.
Ecolab Inc.
Freeport-McMoRan Inc.
Martin Marietta Materials, Inc.
Nucor Corporation
PPG Industries, Inc.
The Sherwin-Williams Company
Steel Dynamics, Inc.
Vulcan Materials Company
Real Estate
8 halal
CBRE Group, Inc.
CoStar Group, Inc.
Equinix, Inc.
Prologis, Inc.
Public Storage
Ventas, Inc.
Welltower Inc.
Weyerhaeuser Company
Utilities
1 halal
What is the S&P 500?
The S&P 500 (Standard & Poor's 500) is a stock market index tracking the 500 largest publicly traded companies listed on US stock exchanges. It covers approximately 80% of the total US stock market capitalisation, making it the most widely followed equity benchmark in the world.
Companies in the S&P 500 span every major sector of the US economy — from technology giants like Apple, Microsoft, and NVIDIA to healthcare companies like Johnson & Johnson, consumer brands like Procter & Gamble, and industrial leaders like Caterpillar and Boeing.
For Muslim investors, the S&P 500 offers access to the world's most innovative and profitable businesses. However, not all 500 companies are shariah-compliant. Conventional banks, insurers, alcohol producers, and tobacco companies must be excluded. This page lists only those S&P 500 companies that pass our full four-factor halal screen.
How We Screen S&P 500 Stocks for Halal Compliance
Our screening methodology follows AAOIFI (Accounting and Auditing Organisation for Islamic Financial Institutions) standards — the same framework used by leading halal ETFs such as SPUS.
1. Business Activity
The company must not derive significant revenue from alcohol, gambling, tobacco, pork, weapons manufacturing, or conventional interest-based banking and insurance.
2. Debt Ratio ≤ 33%
Total debt divided by market capitalisation must be below 33%. Highly leveraged companies are excluded as their capital structure relies heavily on interest-bearing borrowing (riba).
3. Interest Income ≤ 5%
Interest income as a proportion of total revenue must not exceed 5%. This ensures the company does not earn a material amount of income from forbidden interest-based activities.
4. Cash & Securities ≤ 33%
Cash and short-term interest-bearing investments as a proportion of market cap must stay below 33%. Excessive idle cash in interest-bearing instruments is discouraged under Islamic finance.
Why Invest in Halal S&P 500 Stocks?
Long-term wealth building
The S&P 500 has historically delivered around 10% annualised returns over the long term. Even after removing haram sectors, halal S&P 500 portfolios — such as the SPUS ETF — have closely tracked or even outperformed the full index over multi-year periods.
Faith-aligned investing
Investing in halal stocks allows Muslim investors to build wealth without compromising their values. Your capital is not deployed in companies that profit from alcohol, gambling, riba, or other prohibited activities.
Access to world-class companies
Many of the world's most admired companies — Apple, Microsoft, NVIDIA, Salesforce, and hundreds more — pass shariah screens. You don't have to sacrifice quality to invest in line with your faith.
Sector diversification
With halal S&P 500 stocks spanning 10 sectors including Technology, Healthcare, Industrials, Consumer goods, and Real Estate, you can build a genuinely diversified portfolio without relying on conventional financial stocks.
Which S&P 500 Sectors Are Mostly Excluded?
Financial Services is the sector most heavily filtered out. Major banks (JPMorgan, Bank of America, Citigroup, Wells Fargo), investment banks (Goldman Sachs, Morgan Stanley), and conventional insurance companies (Travelers, Allstate) all fail the business activity screen because their core revenue comes from interest-based lending and insurance.
Consumer Staples loses several companies due to alcohol (Constellation Brands, Brown-Forman, Molson Coors) and tobacco (Altria, Philip Morris — though Philip Morris's heated tobacco transition is debated among scholars).
Consumer Discretionary excludes casino operators such as MGM Resorts and Las Vegas Sands due to gambling, and some restaurant chains due to significant alcohol revenue.
Defence contractors in the Industrials and Aerospace & Defence sector — such as Northrop Grumman, Raytheon Technologies, and L3Harris — are typically excluded by scholars who consider weapons manufacturing prohibited.
Frequently Asked Questions
Which S&P 500 stocks are halal?
Based on our AAOIFI-based shariah screening, 259 S&P 500 companies currently pass all four criteria: permissible business activity, debt-to-market-cap below 33%, interest income below 5% of revenue, and cash and interest-bearing securities below 33% of market cap. The full list is on this page, grouped by sector.
How are S&P 500 stocks screened for halal compliance?
We apply a four-step AAOIFI-based screen. First: business activity — excluding alcohol, gambling, tobacco, pork, weapons, and conventional banking. Second: debt-to-market-cap ratio below 33%. Third: interest income below 5% of total revenue. Fourth: cash and interest-bearing securities below 33% of market cap. A stock must pass all four to be listed here.
Is Apple (AAPL) halal to invest in?
Apple is generally considered halal by most shariah scholars. Its primary business — consumer electronics and software — is permissible. Apple's financial ratios typically fall within AAOIFI thresholds. Check the AAPL page on HalalStocks.co.uk for the latest screening result with current financial data.
Is Tesla (TSLA) halal?
Tesla is widely considered halal as an electric vehicle and clean energy company. Its business activity is permissible and it does not derive significant revenue from interest income. The key ratio to monitor is debt-to-market-cap, which varies with Tesla's stock price. See the TSLA page for the current result.
Are bank stocks like JPMorgan halal?
Conventional banking stocks such as JPMorgan Chase (JPM), Bank of America (BAC), and Wells Fargo (WFC) are generally considered not halal. Their core business is interest-based lending (riba), which is prohibited in Islamic finance. They also fail the interest income ratio screen. Muslim investors seeking financial sector exposure should consider shariah-compliant alternatives.
What percentage of the S&P 500 is halal?
Based on our current screening, approximately 52% of S&P 500 companies pass AAOIFI shariah criteria. This aligns with estimates from halal ETF providers like SP Funds (SPUS), which typically holds around 230 S&P 500 constituents after applying shariah screens.
Check Any Stock's Halal Status
Want to screen a specific stock not listed here? Use our free shariah stock screener — instant results for any US or UK listed company.