Is GS halal?
Goldman Sachs Group, Inc. (The)
Not halal
Goldman Sachs Group, Inc. (The) did not pass AAOIFI screening. The failed check is shown below.
Checked: 16 October 2026
Exchange
NYSE
Price
881.26
Day
-1.12%
Market cap
$257.07B
Industry
Capital Markets
Sector
Financial Services
What the company does
Goldman Sachs is an investment bank: advising companies on raising capital and mergers, trading stocks/bonds/currencies, and managing assets and wealth. Revenue comes from fees, trading income and management charges.
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 $475.02B ÷ 36-month average market cap $197.25B = 240.8%
240.8%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $381.34B ÷ 36-month average market cap $197.25B = 193.3%
193.3%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $80.37B ÷ annual revenue $58.28B (2025) = 137.9%
137.9%
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: $257.07B.
For information (AAOIFI 3/1 note): cash + receivables are 21.3% of total assets (2025-12-31). 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
- 0.39% weight · #39 of 503
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 5 superinvestors · Average reported price: $999.20
- David KatzMatrix Asset Advisors$18.7M1.5%
- Dodge & Cox Funds$135.7M0.1%
- Yacktman Asset Management$5.3M0.1%
- Steven CheckCheck Capital Management$2.5M0.1%
- Bill NygrenOakmark Funds$27.5M0.0%
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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.