Is Franklin Resources, Inc. (BEN) halal? Doubtful. Based on AAOIFI screening, Franklin Resources, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 61/100 (Grade: B).

Franklin Resources, Inc.

BEN: Is Franklin Resources, Inc. Halal?

Doubtful

Franklin Resources, Inc.

NYSEFinancial ServicesUS

$31.12

+0.58%

Purify ~1.4% of income

About Franklin Resources, Inc.

Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.

Sector: Financial Services 路 Industry: Asset Management

Why This Stock Is Doubtful

  • Interest-bearing deposits are 25.1% of market cap, only 4.9 points below the 30% 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 17, 2026
B

Acceptable

Acceptable but room for improvement

61Score

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 Cap13.4% / 30.0%

Compliance History

Doubtful, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Screened: Jun 17, 2026Fiscal: Q2 2026Source: EDGAR

Purify Your BEN Dividends

1.4% non-compliant income

BEN has 1.4% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

16.2B

Price

$31.12

Sector

Financial Services

Industry

Asset Management

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Frequently Asked Questions

Is Franklin Resources, Inc. (BEN) halal to invest in?
Franklin Resources, Inc. (BEN) 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 Franklin Resources, Inc. get a B compliance rating?
Franklin Resources, Inc. (BEN) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 13.4% (limit 30%); interest-bearing deposits of 25.1% (limit 30%); prohibited income of 1.43% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Franklin Resources, Inc.'s Shariah verdict?
Franklin Resources, 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 Franklin Resources, Inc. re-screened for Shariah compliance?
Franklin Resources, Inc. (BEN) 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 17, 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.