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We provide you the list of ethical, Halal and Shariah compliant stocks on the Indian stock exchange!

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How we identify Halal stocks?


Ethical threshold

Strictly, no unethical and socially harmful industry:

  • Weapons
  • Narcotics
  • Vulgar entertainment
  • Etc

Debt threshold

Experts suggests, a company's stock can be identified as Halal when the ratio of company's debt vs company's value is below 33%

Halal stocks are naturally safe because of debt limits


Interest threshold

Considering the ubiquitous interest based financial system, experts suggest a company's stock can be identified as Halal when the ratio of it's interest income vs total income is below 5%


Liquidity threshold

Experts suggest that a company can be identified as Halal if the ratio of cash to total assets of the company is less than 33%

The ideally permissible limit of interest money involvement in Halal businesses is 0%

While there is no 100% perfect approach of identifying ethical or Halal stocks, we rely on the expert advice!

Please note: our approach of screening may not match that of other Halal stocks apps hence our list of Halal stocks will always be a little different from those of others!


About β is online platform for finding ethical, Halal and Shariah complaint stocks in India

Why we created



Halal stocks list is free!

For serious reasons Halal stocks list is free!

We do not provide personalized stock screening.

made with in Mumbai!