Shariah-compliant stock screening: filter for halal investments, check compliance flags, explain screening criteria, and suggest compliant alternatives via Parallax MCP tools. NOT for general thematic screening (use /parallax-thematic-screen), not for portfolio construction (use /parallax-portfolio-builder).
Screen stocks and portfolios for Shariah compliance using AAOIFI/DJIM screening thresholds applied to Parallax financial data.
These are the standard Shariah compliance thresholds used in this skill. They are applied to data retrieved from get_financials.
| Ratio | Threshold | Pass condition |
|---|---|---|
| Total debt / Total assets | < 33% | Low leverage — no excessive interest-bearing debt |
| (Cash + interest-bearing securities) / Total assets | < 33% | Limited exposure to interest-bearing instruments |
| (Interest income + non-permissible revenue) / Total revenue | < 5% | Negligible income from haram activities |
Business activity screen (qualitative): The company's primary business must not be in prohibited industries (conventional banking/insurance, alcohol, tobacco, gambling, pork, weapons, adult entertainment). This is assessed from sector/industry data.
get_company_infoPurification ratio: If a stock passes all quantitative screens but has non-zero non-permissible income, the purification percentage = (non-permissible income / total income). Shareholders should donate that percentage of dividends received.
/parallax-halal-screen AAPL.O
/parallax-halal-screen [{"symbol":"AAPL.O","weight":0.25},{"symbol":"JPM.N","weight":0.25},{"symbol":"JNJ.N","weight":0.25},{"symbol":"XOM.N","weight":0.25}]
/parallax-halal-screen "build halal portfolio in Southeast Asian equities"
For single stock compliance check:
get_company_info to retrieve sector/industry — check against prohibited industries (banking, alcohol, tobacco, gambling, pork, weapons, adult entertainment).get_financials with statement "balance_sheet" to retrieve total debt and total assets. Compute: total debt / total assets. FAIL if >= 33%.get_financials with statement "balance_sheet" to retrieve cash and interest-bearing securities. Compute: (cash + interest-bearing securities) / total assets. FAIL if >= 33%.get_financials with statement "ratios" to retrieve interest income and revenue figures. Compute: (interest income + non-permissible revenue) / total revenue. FAIL if >= 5%. If >0% but <5%, compute purification ratio.get_financial_analysis for deeper profitability decomposition (warn user: async ~2-5 min).get_score_analysis for quality trajectory.For portfolio screening:
check_portfolio_redundancy on compliant holdings only.build_stock_universe with "[sector]" to find alternatives, then screen those alternatives through the same compliance check.get_peer_snapshot on compliant alternatives to score them.These are analytical outputs based on AAOIFI/DJIM screening thresholds applied to Parallax financial data, not investment advice or a fatwa. Consult a qualified Shariah advisor for binding rulings.