ShariahScreening
Analyst-grade compliance verdicts — Halal, Haram, and per-share purification — across the global investable universe. Every verdict is rule-based, traceable, and reproducible: an auditable answer, not a black-box guess.
Built for Shariah workflows
Compliance verdicts, purification rates, and the full audit trail behind each — in one workspace your investment committee can act on.
Compliance verdicts
AAOIFI-aligned classification across every screened ticker — rule-based non-permissible-income (NPIN) analysis with a fully auditable trace behind each verdict.
Purification ratios
Per-share purification rates derived from non-permissible income — analyst-grade reporting an investment committee can hand to a portfolio manager.
Global universe
GCC, US and international markets from a single ticker entry — one surface, one workflow, with consistent methodology across every exchange.
How a verdict is reached
Every ticker clears the same AAOIFI Shari'ah screen — one qualitative business gate, then three financial ratios — before a verdict is issued. The exact figures and the pass/fail on each are retained in the per-ticker report.
Business activity
The company's core business must be permissible. Revenue from these sectors disqualifies it outright:
Non-permissible income
Income from impermissible sources (e.g. interest) is kept below 5% of total revenue.
Interest-bearing debt
Conventional, interest-based debt stays under a third of market cap — or total assets, whichever is larger.
Cash & securities
Cash and interest-bearing investments are held under the same one-third ceiling.
Purification
Where a compliant company carries marginal non-permissible income, a per-share purification rate is computed so investors can cleanse the affected portion of their returns.
Thresholds follow the AAOIFI Shari'ah Standards. The full reasoning and figures behind every verdict are retained for audit.