The MSCI World Index offers a selection of halal stocks for Muslim investors seeking Shariah-compliant investment opportunities. This index covers companies across 23 developed markets and provides a diverse range of investment options while adhering to Islamic principles. Below is a list of halal stocks in the MSCI World Index, ideal for those looking to invest ethically and diversify their portfolios.
What is the MSCI World Index?
The MSCI World Index is a major global equity index representing large and mid-cap companies across 23 developed markets. It includes 1,479 companies and covers approximately 85% of the free float-adjusted market capitalization in each of the included markets. The index spans industries such as technology, healthcare, energy, and finance, offering investors exposure to a wide range of global economic sectors.
With its broad geographical representation, the MSCI World Index provides a key performance indicator for investors seeking to capture the growth of developed economies. Companies from countries like the United States, Japan, the United Kingdom, and Germany form the core of the index.
Top Halal Stocks in MSCI World Index
Based on the Musaffa halal stock screener, the following companies have been categorized as Sharia-compliant. Here’s a detailed breakdown of some of the top halal stocks in the MSCI World Index:
| Sr. No | Company | Ticker | Market Cap | Compliance | Rating |
| 1. | Apple Inc | AAPL | USD 3.45T | Halal | ★☆☆☆☆ |
| 2. | NVIDIA Corp | NVDA | USD 3.06T | Halal | ★★★☆☆ |
| 3. | Eli Lilly and Co | LLY | USD 843.18B | Halal | ★★★★★ |
| 4. | Broadcom Inc | AVGO | USD 825.01B | Halal | ★★★☆☆ |
| 5. | Exxon Mobil Corp | XOM | USD 554.60B | Halal | ★☆☆☆☆ |
| 6. | Tesla Inc | TSLA | USD 798.92B | Halal | ★★★★☆ |
| 7. | Novo Nordisk A/S | NOVO B.CO | DKK 2.72T | Halal | ★★★★☆ |
| 8. | Visa Inc | V | USD 549.16B | Halal | ★★☆☆☆ |
| 9. | Procter & Gamble Co | PG | USD 396.82B | Halal | ★★★★☆ |
| 10. | ASML Holding NV | ASML | USD 326.20B | Halal | ★★★★★ |
| 11. | Mastercard Inc | MA | USD 459.79B | Halal | ★★★☆☆ |
| 12. | Johnson & Johnson | JNJ | USD 385.86B | Halal | ★★★☆☆ |
| 13. | Merck & Co. Inc | MRK | USD 278.25B | Halal | ★☆☆☆☆ |
| 14. | Chevron Corp | CVX | USD 275.69B | Halal | ★★☆☆☆ |
| 15. | Salesforce Inc | CRM | USD 275.09B | Halal | ★★★★☆ |
| 16. | Astrazeneca Pharma India Ltd | ASTRAZEN.NS | INR 190.32B | Halal | ★★★★☆ |
| 17. | Qualcomm Inc | QCOM | USD 188.15B | Halal | ★★☆☆☆ |
| 18. | Adobe Inc | ADBE | USD 223.28B | Halal | ★★★★★ |
| 19. | Linde PLC | LIN | USD 223.56B | Halal | ★★★★☆ |
| 20. | Novartis AG | NOVN.SW | CHF 217.77B | Halal | ★★☆☆☆ |
| 21. | Cisco Systems Inc | CSCO | USD 210.51B | Halal | ★☆☆☆☆ |
| 22. | Danaher Corp | DHR | USD 195.02B | Halal | ★★★★☆ |
| 23. | Applied Materials Inc | AMAT | USD 166.50B | Halal | ★★☆☆☆ |
| 24. | Abbott Laboratories | ABT | USD 195.98B | Halal | ★★★☆☆ |
| 25. | Texas Instruments Inc | TXN | USD 185.08B | Halal | ★★☆☆☆ |
| 26. | Roche Holding AG | ROG.SW | CHF 255.32B | Halal | ★★★☆☆ |
| 27. | ServiceNow Inc | NOW | USD 189.04B | Halal | ★★☆☆☆ |
| 28. | BHP Group Ltd | BHP | AUD 220.36B | Halal | ★☆☆☆☆ |
| 29. | Union Pacific Corp | UNP | USD 145.51B | Halal | ★★☆☆☆ |
| 30. | S&P Global Inc | SPGI | USD 160.31B | Halal | ★★★★☆ |
Shariah Screening Criteria for MSCI World Index
The MSCI World Islamic Index applies stringent Shariah compliance screening to filter companies involved in prohibited activities such as alcohol, gambling, pork products, conventional financial services, and entertainment. Additionally, the financial ratios of companies are scrutinized to ensure compliance with Islamic finance guidelines. These ratios include a company’s total debt, liquidity, and non-permissible income relative to its market value.
Learn more: MSCI World Islamic Index.
Conclusion
The MSCI World Index offers several halal stocks that allow investors to maintain a diversified portfolio while adhering to Islamic principles. As Islamic finance continues to grow, more opportunities arise for ethical investments that balance financial returns with religious values. Remember, compliance status can change over time, so it’s crucial to regularly verify the halal status of your investments using reliable tools such as Musaffa’s halal stock screener.
Interested in Learning More About Halal Stocks?
Musaffa screens stocks according to AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) standards. If you’re looking to explore more halal stocks in major global indices like the S&P 500 or FTSE 100, sign up at Musaffa.com to find ethical investment opportunities tailored to your needs.
We also have articles on halal stocks in other indices like DJIA and Nasdaq 100 that you may find helpful.
Disclaimer: This content is for informational purposes only and does not constitute financial advice. Please conduct your own research or consult with a financial advisor before making any investment decisions. Information is accurate as of the date of publication but may not reflect recent changes. Access our comprehensive legal disclaimers at Musaffa.com/disclaimer.
