Is MSCI halal?
MSCI Inc.
Halal
MSCI Inc. 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
569.08
Day
-1.05%
Market cap
$40.70B
Industry
Financial Data & Stock Exchanges
Sector
Financial Services
What the company does
MSCI builds stock-market indexes (MSCI World, Emerging Markets) and investment-analysis tools. Its money comes from subscriptions and license fees paid by index-linked funds (ETFs); customers are investment firms.
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 $6.38B ÷ 36-month average market cap $43.05B = 14.8%
14.8%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $352.70M ÷ 36-month average market cap $43.05B = 0.8%
0.8%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $16.01M ÷ annual revenue $3.13B (2025) = 0.5%
0.5%
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: $40.70B.
For information (AAOIFI 3/1 note): cash + receivables are 22.1% 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
- 0.06% weight · #260 of 503
- Among halal stocks
- 0.06% · #189 of 1455
- Held by funds
- Not held by any tracked fund
- Dividend
- 1.37% · purify 0.5% · net 1.37%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 5 superinvestors · Average reported price: $560.04
- Polen Capital Management$376.2M3.2%
- Viking Global Investors$650.0M1.9%
- Terry SmithFundsmith$30.0M0.2%
- Jensen Investment Management$3.6M0.1%
- Yacktman Asset Management$6.1M0.1%
Exited this quarter: Li Lu
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:
Indeks/analitika — INVESTORLAR to'laydi (72.7% obuna), issuer-pays daromad YO'Q. Zoya ham, Musaffa ham halol deydi. O'zini o'zi chiqaradi (MSCI Islamic overlay'i)
Halal stocks in the same industry
The largest halal stocks in Financial Data & Stock Exchanges — for comparison.
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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.