Is NTRS halal?
Northern Trust Corporation
Not halal
Northern Trust Corporation did not pass AAOIFI screening. The failed check is shown below.
Checked: 16 October 2026
Exchange
NASDAQ
Price
165.54
Day
+0.06%
Market cap
$30.37B
Industry
Asset Management
Sector
Financial Services
What the company does
Northern Trust provides custody, asset management and banking for wealthy families and institutions. Revenue comes from custody/management fees and interest income.
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: Asset Management
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $14.03B ÷ 36-month average market cap $22.07B = 63.6%
63.6%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $102.89B ÷ 36-month average market cap $22.07B = 466.3%
466.3%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $8.62B ÷ annual revenue $8.09B (2025) = 106.7%
106.7%
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: $30.37B.
In the lists
- In the S&P 500
- 0.04% weight · #308 of 503
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 3 superinvestors · Average reported price: $173.84
- John RogersAriel Investments$169.0M1.7%
- Yacktman Asset Management$1.7M0.0%
- Mairs & Power Funds$417K0.0%
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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.