Is REL.L (RELX Plc) Halal or Haram?

Based on our AAOIFI-standard shariah screening, REL.L is Halal and considered permissible for Muslim investors. It passed all 4 of 4 compliance screens including business activity review, debt-to-market-cap ratio (15.68% vs ≤33% threshold), interest income ratio (0.13% vs ≤5% threshold), and cash & securities ratio (0.28% vs ≤33% threshold).

RELX Plc is a global leader in information-based analytics and decision tools, moving far beyond its traditional publishing roots. The company operates four key segments: Risk (fraud prevention and insurance data), Scientific, Technical & Medical (home to the massive Elsevier journal database ), Legal (the widely used LexisNexis platform), and Exhibitions. It serves professional customers by combining vast industry -specific data sets with sophisticated algorithms to help them make better decisions. For Muslim investors, RELX represents a fully Halal investment opportunity, having passed all four AAOIFI screening metrics. The business activity is inherently permissible as it focuses on knowledge transfer, data analysis, and professional services, avoiding haram sectors like gambling, alcohol, or conventional banking. This makes it an attractive option for those seeking exposure to the stable, recurring revenue models typical of the professional information sector without compromising Islamic principles. Financially, the company demonstrates excellent discipline with a debt-to-market cap ratio of 1 5.7%, well within the safe zone for Shariah compliance. Furthermore, its interest-bearing cash and securities are extremely low at just 0.3% of market cap, indicating that the company efficiently reinvests its capital rather than letting it sit in interest-generating accounts. The minuscule interest income (0.13%) further confirms that non-operating income from impermissible sources is not a concern. Investors should continue to monitor the company's acquisition strategy, as RELX frequently buys smaller data firms. While the current compliance status is solid, future acquisitions could theoretically impact debt levels or introduce non -compliant revenue streams, though this is historically unlikely given their focus on pure-play analytics. For now, RELX stands as a robust, compliant 'green' stock for your portfolio. RELX Plc operates in the Communication Services sector under the Publishing industry and is headquartered in London, GB. The company is led by CEO Erik Engstrom and employs approximately 34,580 people.

REL.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. REL.L passed 4 of these 4 screens.

Although REL.L passes all shariah screens, it does earn $12.0M in interest income (0.13% of revenue). Many scholars recommend purifying this portion by donating the equivalent percentage of any dividends received to charity. For example, if you receive $100 in dividends, you would donate approximately $0.13 to purify the income.

REL.L was last screened on 2026-03-01. 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.