Sharyalytics is a halal equity research platform focused on practical Shariah screening signals for listed companies.
The main focus is avoiding material exposure to Riba (interest/usury), both from what a company earns (interest income), what it holds (interest-bearing assets), and how it finances itself (interest-bearing debt).
Choose the Default or Custom option from the box on the right, then enter a company name or ticker symbol in the Search bar to get results.
In the AAOIFI Option, a stock is treated as conditionally permissible if it meets AAOIFI Standards as practiced in the market: the core business must be permissible, and only a small amount of riba (interest) is tolerated with investor income purification.
Sharialytics screens out companies whose core business is not permissible.
Three ratios are displayed: (1) Interest-bearing debt / market capitalization (must be less than or equal to 30%), (2) Interest-earning deposits / market capitalization (must be less than or equal to 30%), and (3) Interest income / total revenue (must be less than or equal to 5%).
Yes. The ratio values are shown just below the search screen so you can form your own judgment about how close to the conditional permissibility boundaries you are comfortable with.
The Custom Option is for investors who prefer debt to be measured against equity or total liabilities, and deposits against total assets, rather than market capitalization.
Yes. It also includes additional financial ratios, including some found in AAOIFI but often ignored by market practice, and others that follow AAOIFI reasoning even if they are not explicitly listed in the Standards.
No. The information is provided for informational purposes only. While we strive for accuracy, we do not guarantee timeliness or completeness. Always consult a certified professional before taking action.