Is SPGI halal?
S&P Global Inc.
Halal
S&P Global 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
424.81
Day
+3.97%
Market cap
$120.19B
Industry
Financial Data & Stock Exchanges
Sector
Financial Services
What the company does
S&P Global runs S&P credit ratings, the S&P 500 and Dow Jones indexes, the Market Intelligence data platform, Platts (commodity prices) and Mobility (auto data). Its money comes from rating fees, subscriptions and index licensing.
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 $15.62B ÷ current market cap $120.19B = 13.0%
13.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $4.13B ÷ current market cap $120.19B = 3.4%
3.4%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
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 12.0% 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
- 0.19% weight · #92 of 503
- Among halal stocks
- 0.18% · #79 of 1455
- Held by funds
- Not held by any tracked fund
- Dividend
- 0.94% · no purification data
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 14 superinvestors · Average reported price: $404.78
- Valley Forge Capital Management$620.7M19.9%
- Chris HohnTCI Fund Management$5.7B10.9%
- Pat DorseyDorsey Asset Management$128.9M8.3%
- Bill AckmanPershing Square Capital Management$1.1B5.4%
- William Von MuefflingCantillon Capital Management$29.0M4.4%
- Triple Frond Partners$48K4.2%
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:
Reyting daromadning 29.7%i (eng katta segment — Market Intelligence 32%). MCO bilan AYNAN bir xil issuer-pays biznes: birini bloklab ikkinchisini o'tkazish IZCHIL EMAS. Zoya ham, Musaffa ham halol deydi
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.