Is J halal?

What the company does

Jacobs Solutions provides engineering and consulting: water/transport infrastructure, design of chip fabs and pharma facilities, and environmental work. Customers are governments and corporations; its money comes from project fees.

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 $3.58B ÷ 36-month average market cap $16.63B = 21.5%

  21.5%

  Pass

• Cash & investments / market cap

  limit 30%

  Cash + interest-bearing securities $1.18B ÷ 36-month average market cap $16.63B = 7.1%

  7.1%

  Pass

• Non-compliant income / total revenue

  limit 5%

  Interest income $35.80M ÷ annual revenue $12.03B (2025) = 0.3%

  0.3%

  Pass

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: $16.53B.

For information (AAOIFI 3/1 note): cash + receivables are 42.1% 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

0.03% weight · #418 of 503

Among halal stocks

0.02% · #317 of 1454

Held by funds

HLAL 0.05%

Dividend

0.96% · purify 0.3% · net 0.95%