Is BGC Group, Inc (BGC) halal? Doubtful. Based on AAOIFI screening, BGC Group, Inc passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 52/100 (Grade: C+).

BGC Group, Inc

BGC: Is BGC Group, Inc Halal?

Doubtful

BGC Group, Inc

NASDAQFinancial ServicesUS

$10.34

-1.05%

Purify ~2.2% of income

About BGC Group, Inc

BGC Group, Inc. operates as a financial brokerage and technology company in the United States and internationally. The company offers various brokerage products, such as fixed income, such as government bonds, corporate bonds, and other debt instruments, as well as related interest rate derivatives and credit derivatives; equities, energy and commodities, shipping, insurance, and futures and options. It also provides trade execution, connectivity solutions, brokerage services, clearing, trade compression and other post-trade services, information, and other back-office services to an assortment of financial and non-financial institutions. In addition, the company offers electronic and hybrid brokerage, other financial technology solutions, market data and related information services, and analytics related to financial instrument and markets. Its integrated platform is designed to provide flexibility to customers with regard to price discovery, execution and processing of transactions, and enables to use ots Voice, Hybrid, or in various markets, as well as fully electronic brokerage services in connection with transactions executed either OTC or through an exchange. It primarily serves banks, broker-dealers, investment banks, trading firms, hedge funds, governments, and corporations, as well as investment firms. BGC Group, Inc. was founded in 1945 and is headquartered in New York, New York.

Sector: Financial Services 路 Industry: Financial - Capital Markets

Why This Stock Is Doubtful

  • Debt is 28.9% of market cap, only 1.1 points below the 30% AAOIFI 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 11, 2026
C+

Fair

Some financial ratios approaching limits

52Score

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 Cap28.9% / 30.0%

Compliance History

  1. Doubtfulnow

    since Jun 2026

  2. Not Halal

    until the change above

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

Screened: Jun 11, 2026Fiscal: Q1 2026Source: EDGAR

Purify Your BGC Dividends

2.2% non-compliant income

BGC has 2.2% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

4.9B

Price

$10.34

Sector

Financial Services

Industry

Financial - Capital Markets

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Frequently Asked Questions

Is BGC Group, Inc (BGC) halal to invest in?
BGC Group, Inc (BGC) 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 BGC Group, Inc get a C+ compliance rating?
BGC Group, Inc (BGC) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 28.9% (limit 30%); interest-bearing deposits of 16.0% (limit 30%); prohibited income of 2.18% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change BGC Group, Inc's Shariah verdict?
BGC 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 BGC Group, Inc re-screened for Shariah compliance?
BGC Group, Inc (BGC) 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 11, 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.