Is BABA halal?
Alibaba Group Holding Limited
Not halal
Alibaba Group Holding Limited did not pass AAOIFI screening. The failed check is shown below.
Checked: 13 October 2026
Exchange
NYSE
Price
109.11
Day
-1.82%
Market cap
$275.59B
Industry
Internet Retail
Sector
Consumer Cyclical
What the company does
Alibaba (China) runs the Taobao and Tmall online marketplaces, Alibaba Cloud, Cainiao logistics and international commerce (AliExpress, Lazada). Revenue comes from merchant advertising/commissions and cloud rentals.
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
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $39.90B ÷ 36-month average market cap (estimated) $274.42B = 14.5%
14.5%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $109.09B ÷ 36-month average market cap (estimated) $274.42B = 39.8%
39.8%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $13.10B ÷ annual revenue $153.24B (2026) = 8.6%
8.6%
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: $275.59B.
For information (AAOIFI 3/1 note): cash + receivables are 34.8% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- SPWO 3.12%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 9 superinvestors · Average reported price: $95.98
- Dennis HongShawSpring Partners$39.3M16.9%
- David TepperAppaloosa Management$192.0M2.6%
- Francis ChouChou Associates$4.0M1.9%
- Sarah KettererCauseway Capital Management$95.5M1.0%
- Dodge & Cox Funds$955.8M0.5%
- Duan YongpingH&H International Investment$28.9M0.1%
Halal stocks in the same industry
The largest halal stocks in Internet Retail — for comparison.
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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.