Methodology
How we decide whether a company passes — in plain language. Every verdict on Xumirah shows its own reasoning; this page explains the approach behind it.
Two kinds of Shariah checks
A company has to clear both to be considered compliant:
- What it does. A business whose core activity isn't permissible — for example interest-based lending, alcohol, tobacco, or gambling — doesn't pass.
- The shape of its finances. Broadly, a company shouldn't carry too much interest-based debt, hold too much in interest-bearing instruments, or earn too much of its income from non-compliant sources.
Choose how strict
You pick the standard you're comfortable with — Standard, Strict, or Lenient — each mapping to a recognised scholarly methodology, and you can change it any time. The exact thresholds behind each are summarised in the FAQ.
Your values, on top
Independently of Shariah screening, you can exclude companies on climate, weapons, military occupation, governance, and recent controversies — drawing on recognised public registries and ongoing news. Turn Shariah off entirely and these still work on their own.
Kept current
We re-screen against up-to-date company financials and news on an ongoing basis, so a verdict reflects where a company stands now — not a snapshot from months ago. If a holding you own stops meeting your rules, we tell you.