Is FDS halal?
FactSet Research Systems Inc.
Halal
FactSet Research Systems Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 15 October 2026
Exchange
NYSE
Price
301.67
Day
-0.05%
Market cap
$10.82B
Industry
Financial Data & Stock Exchanges
Sector
Financial Services
What the company does
FactSet provides financial data and software terminals for analysts (a Bloomberg competitor). Its money comes almost entirely from subscriptions; it does no lending or rating.
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 $1.39B ÷ 36-month average market cap $14.64B = 9.5%
9.5%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $304.24M ÷ 36-month average market cap $14.64B = 2.1%
2.1%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $6.53M ÷ annual revenue $2.32B (2025) = 0.3%
0.3%
Pass
Figures from the company's filings (2026-05-31), 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: $10.82B.
For information (AAOIFI 3/1 note): cash + receivables are 14.2% of total assets (2026-05-31). 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
- 0.02% weight · #471 of 503
- Among halal stocks
- 0.02% · #403 of 1454
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 2 superinvestors · Average reported price: $230.08
- Yacktman Asset Management$52.8M0.7%
- John RogersAriel Investments$53.9M0.5%
Manually reviewed — clean
The industry was flagged as sensitive, so the company's filings were checked by hand on 16 July 2026. Conclusion:
Terminal/ma'lumot obunasi — reyting/underwriting/kreditlash YO'Q. Zoya halol deydi (Musaffa yo'q — nisbat sababi, biznes emas). CUSIP haqi bor, lekin $210/identifikator — $2.32B ga nisbatan ahamiyatsiz
Halal stocks in the same industry
The largest halal stocks in Financial Data & Stock Exchanges — for comparison.
Related articles
- Halal investingBlogHow to calculate purification for a halal stockEven a halal company earns a little interest. A simple formula and worked example for how much of your dividend to give to charity.
- GuideBlogDividends, zakat and tax: a practical guide for US stock holdersHow much US tax is withheld from dividends, what to declare in Uzbekistan, and how zakat on shares is calculated — with one worked example.
- Halal investingBlogWhy does a stock's halal status change?A stock that was halal yesterday can leave the list today. The four main reasons — and why none of them is a bug.
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.