Is AXP halal?
American Express Company
Not halal
American Express Company did not pass AAOIFI screening. The failed check is shown below.
Checked: 15 October 2026
Exchange
NYSE
Price
313.59
Day
-0.09%
Market cap
$210.32B
Industry
Credit Services
Sector
Financial Services
What the company does
American Express both issues credit cards and runs its own network (unlike Visa/Mastercard). Revenue comes from merchant fees, annual card fees and interest on card balances; its core customers are affluent individuals and businesses.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
Prohibited activity: Credit Services
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $59.05B ÷ 36-month average market cap $200.05B = 29.5%
29.5%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $49.24B ÷ 36-month average market cap $200.05B = 24.6%
24.6%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $25.60B ÷ annual revenue $72.23B (2025) = 35.4%
35.4%
Fail
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $210.32B.
In the lists
- In the S&P 500
- 0.25% weight · #70 of 503
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 13 superinvestors · Average reported price: $338.11
- Warren BuffettBerkshire Hathaway$51.3B17.1%
- Guy SpierAquamarine Capital (Zurich)$22K15.3%
- Tweedy Browne$21.2M1.6%
- First Eagle Investment Management$1.1B0.9%
- Francois RochonGiverny Capital$15.8M0.5%
- Mairs & Power Funds$49.3M0.5%
Related articles
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- Halal investingBlogWhy a company's cash affects whether its stock is halalLots of cash sounds like a good sign — but halal screening checks it separately. What counts, what doesn't, and where we are stricter than AAOIFI.
- Halal investingBlogAAOIFI Shariah Standard No. 21 in plain languageThe most widely used standard for halal stock screening: the two-step test, the three ratios and how it differs from other methods.
Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.