Is Affiliated Managers Group, Inc. (AMG) halal? Doubtful. Based on AAOIFI screening, Affiliated Managers Group, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 50/100 (Grade: C+).

Affiliated Managers Group, Inc.

AMG: Is Affiliated Managers Group, Inc. Halal?

Doubtful

Affiliated Managers Group, Inc.

NYSEFinancial ServicesUS

$355.67

-0.51%

Purify ~4.2% of income

About Affiliated Managers Group, Inc.

Affiliated Managers Group, Inc. (AMG) functions as an asset management firm, leveraging its network of affiliates to provide comprehensive investment management solutions. Its primary clientele in the United States includes mutual funds, institutional investors, and high-net-worth individuals. AMG additionally offers advisory and subadvisory services to mutual funds, which are distributed to retail and institutional clients through direct channels and a wide range of intermediaries. These intermediaries encompass independent financial advisors, retirement plan sponsors, broker-dealers, major fund marketplaces, and bank trust departments. The company delivers a diverse portfolio of investment products to its institutional clients, covering various styles such as equity strategies focused on small, small-to-mid, mid, and large-capitalization value and growth, as well as emerging markets. AMG's offerings further extend to quantitative, alternative, and fixed-income products. The firm also manages assets for charitable foundations, endowments, and both corporate and municipal defined benefit and defined contribution plans. Beyond general investment management, AMG provides customized investment counseling and robust fiduciary services. Founded in 1993, Affiliated Managers Group, Inc. is headquartered in West Palm Beach, Florida, with additional global offices located in Prides Crossing, Massachusetts; Stamford, Connecticut; London, United Kingdom; Dubai, United Arab Emirates; Sydney, Australia; Hong Kong; Tokyo, Japan; Zurich, Switzerland; and Delaware.

Sector: Financial Services 路 Industry: Asset Management

Why This Stock Is Doubtful

  • Debt is 28.6% of market cap, only 1.4 points below the 30% AAOIFI limit
  • Non-compliant income is 4.2% of revenue, only 0.8 points below the 5% limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
C+

Fair

Some financial ratios approaching limits

50Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap28.6% / 30.0%

Compliance History

  1. Doubtfulnow

    since Jun 2026

  2. Not Halal

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 18, 2026Fiscal: Q1 2026Source: FMP

Purify Your AMG Dividends

4.2% non-compliant income

AMG has 4.2% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

9.4B

Price

$355.67

Sector

Financial Services

Industry

Asset Management

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Frequently Asked Questions

Is Affiliated Managers Group, Inc. (AMG) halal to invest in?
Affiliated Managers Group, Inc. (AMG) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did Affiliated Managers Group, Inc. get a C+ compliance rating?
Affiliated Managers Group, Inc. (AMG) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 28.6% (limit 30%); interest-bearing deposits of 6.2% (limit 30%); prohibited income of 4.18% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Affiliated Managers Group, Inc.'s Shariah verdict?
Affiliated Managers Group, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Affiliated Managers Group, Inc. re-screened for Shariah compliance?
Affiliated Managers Group, Inc. (AMG) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 18, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.