Is NLY halal?
Annaly Capital Management Inc.
Not halal
Annaly Capital Management Inc. did not pass AAOIFI screening. The failed check is shown below.
Checked: 16 October 2026
Exchange
NYSE
Price
18.23
Day
-1.09%
Market cap
$13.80B
Industry
REIT - Mortgage
Sector
Real Estate
What the company does
Annaly Capital Management is a mortgage REIT that borrows money to buy mortgage bonds and lives on the interest spread. Revenue is bond interest.
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
Prohibited activity: REIT - Mortgage
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $38.04B ÷ 36-month average market cap $12.27B = 310.0%
310.0%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $15.07B ÷ 36-month average market cap $12.27B = 122.8%
122.8%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $5.96B ÷ annual revenue $2.24B (2025) = 265.5%
265.5%
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: $13.80B.
For information (AAOIFI 3/1 note): cash + receivables are 0.9% 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
- Not held by any tracked fund
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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.