Is MCD halal?
McDonald's Corporation
Halal
McDonald's Corporation passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 14 October 2026
Exchange
NYSE
Price
242.97
Day
+0.19%
Market cap
$166.26B
Industry
Restaurants
Sector
Consumer Cyclical
What the company does
McDonald's is the world's largest restaurant chain (40,000+ locations). About 95% are franchised, so most of its money comes as rent and royalties from franchisees rather than from running restaurants itself.
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 $39.86B ÷ 36-month average market cap $209.51B = 19.0%
19.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $822.00M ÷ 36-month average market cap $209.51B = 0.4%
0.4%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $82.00M ÷ annual revenue $26.89B (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: $166.26B.
For information (AAOIFI 3/1 note): cash + receivables are 5.5% 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
- 0.26% weight · #65 of 503
- Among halal stocks
- 0.24% · #59 of 1454
- Held by funds
- Not held by any tracked fund
- Dividend
- 3.12% · purify 0.3% · net 3.11%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 6 superinvestors · Average reported price: $269.60
- Viking Global Investors$764.7M2.2%
- Jensen Investment Management$61.0M1.5%
- David KatzMatrix Asset Advisors$14.6M1.2%
- Bill & Melinda Gates Foundation Trust$90.5M0.3%
- Mairs & Power Funds$3.8M0.0%
- Dodge & Cox Funds$1.7M0.0%
Exited this quarter: First Pacific Advisors, Lee Ainslie
All superinvestor portfoliosManually reviewed — clean
The industry was flagged as sensitive, so the company's filings were checked by hand on 16 July 2026. Conclusion:
Restoran — haram segment <5%
Halal stocks in the same industry
The largest halal stocks in Restaurants — for comparison.
Related articles
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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.