Why can a Shariah-compliant company still have some debt or interest income?

Because listed-company screening uses tolerance thresholds, not a zero test - almost no listed company in the world would pass a zero test.

A screening standard applies financial ratios to a company's debt, its interest-bearing cash and its non-permissible income, and excludes anything above the threshold. Incidental interest income that survives the screen is then purified - the impure portion is calculated and given away.

Standards differ on the thresholds and on the denominator used to calculate them (market capitalisation versus total assets), so the same company can pass one standard and fail another. Every InvestHAQ fund profile names the standard that fund actually follows.

No single threshold is universally binding, and InvestHAQ does not present one as though it were.

All 80 questions

Factual and educational information only. Nothing on this page is financial product advice, a recommendation, or a Shariah ruling. Consider your circumstances and the product's disclosure documents, and seek licensed advice and qualified scholarly guidance before acting.

1Y net return
  • GOLD · Global X Physical Gold Structured9.5%
  • ETPMPT · Global X Physical Platinum Structured19.7%
  • ETPMAG · Global X Physical Silver Structured48.2%
  • Granada - Super Fund (Adviser Product)13.2%
  • Hejaz Equities Fund (Managed Fund)0.1%
  • ISLM · Hejaz Equities Fund Active ETF (ISLM)0.1%
  • Hejaz Global Ethical Fund0%
  • HJHI · Hejaz High Income Active ETF (HJHI)0.1%
  • Hejaz Income Fund0.1%
  • SKUK · Hejaz Sukuk Active ETF0%
  • ICFAL Children's Education Fund3.8%
  • ICFAL General Membership (Co-operative Share Account)3.8%
  • ICFAL Hajj Fund2.8%
  • MCCA Income Fund4.1%
  • Meezan Invest - Ethical Growth (Adviser Product)5.9%
  • Meezan Invest - Ethical Growth Plus (Adviser Product)4.5%
  • Meezan Invest - Islamic (Ethical) Growth5.1%
  • PMGOLD · Perth Mint Gold Structured Product9%
  • Salaam Balanced6.9%
  • Salaam Defensive5.2%
  • Wahed Dow Jones Islamic World ETF (US ETF)49.3%
  • Wahed FTSE USA Shariah ETF34.4%
  • Wholesum Responsible Fund Inception 01/07/2026 (Retail)4.2%