HalalGauge
IBKR · Financial Services
Interactive Brokers Group, Inc.

Is Interactive Brokers Group, Inc. (IBKR) halal?

Interactive Brokers Group, Inc. is not considered halal under the mainstream standards. Below is the verdict under each of the five mainstream scholarly standards, with the deciding numbers and the source behind every threshold.

IBKR verdict by standard · 0 halal · 2 borderline · 3 not halal
  • AAOIFI Standard

    Impermissible income / revenue 40.8% (limit 5%)

    Borderline
  • Mufti Taqi Usmani (stricter Hanafi)

    Impermissible income / revenue 40.8% (limit 5%); Illiquid (tangible) assets / total assets 0.0% (limit 20%)

    Not halal
  • Dow Jones Islamic Market

    Impermissible income / revenue 40.8% (limit 5%); Accounts receivable / market cap 61.6% (limit 33%)

    Not halal
  • Ja'fari (Sistani-aligned)

    Impermissible income / revenue 40.8% (limit 5%)

    Borderline
  • Strict / zero-tolerance

    Impermissible income / revenue 40.8% (limit 0%); Interest-bearing debt / market cap 0.0% (limit 0%); Cash + interest-bearing securities / market cap 3.2% (limit 0%)

    Not halal

The numbers behind the verdict

Interest-bearing debt / market cap
0.0%
Cash + securities / market cap
3.2%
Receivables / market cap
61.6%
Impermissible income / revenue
40.8%
Illiquid (tangible) assets / total
0.0%

Thresholds and methodology differ by scholar — e.g. AAOIFI caps interest-bearing debt at 30% of market cap, DJIM at 33%, and Mufti Taqi additionally requires tangible assets to be at least 20% of total assets. That's why two screeners can disagree on the same stock.

Screen IBKR interactively See the full balance sheet How the methodologies work
Sources

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HalalGauge surfaces published scholarly methodologies with full sourcing; it does not issue fatwa or certify any security as halal. Verify with a qualified scholar before investing.