Is JD halal?
JD.com, Inc.
Not halal
JD.com, Inc. did not pass AAOIFI screening. The failed check is shown below.
Checked: 13 October 2026
Exchange
NASDAQ
Price
27.01
Day
-1.39%
Market cap
$36.09B
Industry
Internet Retail
Sector
Consumer Cyclical
What the company does
JD.com (China) is one of the country's largest online retailers; it buys inventory itself and delivers through its own warehouses and couriers. Revenue comes from electronics, appliance and grocery sales; trades as an ADR.
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 $15.76B ÷ current market cap $36.09B = 43.7%
43.7%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $38.93B ÷ current market cap $36.09B = 107.9%
107.9%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $1.36B ÷ annual revenue $195.97B (2025) = 0.7%
0.7%
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.
For information (AAOIFI 3/1 note): cash + receivables are 34.7% 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
- UMMA 0.39%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 5 superinvestors · Average reported price: $25.48
- Samantha McLemorePatient Capital Management$35.1M1.2%
- Sarah KettererCauseway Capital Management$30.6M0.3%
- Dodge & Cox Funds$310.7M0.2%
- Christopher DavisDavis Advisors$7.2M0.0%
- Chase ColemanTiger Global Management$5.1M0.0%
Exited this quarter: David Tepper
All superinvestor portfoliosHalal stocks in the same industry
The largest halal stocks in Internet Retail — for comparison.
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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.