AAPL — Apple Inc.
Permissible business; commonly included in major Islamic indices.
Why?
Apple's core business — consumer electronics, software, and services — is permissible. It has historically carried a very large net cash position, which has occasionally made its cash-and-securities ratio a closer call under some methodologies. It is commonly included in indices such as the Dow Jones Islamic Market Index, though ratio-based status can shift quarterly.
How this was screened
Primary basis: Financial-ratio screen.
References
- Screened against commonly applied Islamic finance criteria (business-activity exclusions plus AAOIFI-influenced financial ratio thresholds); exact methodology varies by provider (e.g. AAOIFI, S&P/Dow Jones Islamic Market, MSCI Islamic).
As of: 2026-09-06
This is informational guidance only, not investment advice or a certified Sharia determination. Financial ratios shift every quarter — always verify current figures with a dedicated Islamic screening service or qualified financial and religious advisor before making investment decisions.