Is MarketAxess Holdings Inc. (MKTX) halal? Halal. Based on AAOIFI screening, MarketAxess Holdings Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 69/100 (Grade: B).

MarketAxess Holdings Inc.

MKTX: Is MarketAxess Holdings Inc. Halal?

Halal

MarketAxess Holdings Inc.

NASDAQFinancial ServicesUS

$131.23

-2.88%

Purify ~2.9% of income

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 11, 2026
B

Acceptable

Acceptable but room for improvement

69Score

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 Cap6.9% / 30.0%

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

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

Purify Your MKTX Dividends

2.9% non-compliant income

MKTX has 2.9% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

4.7B

Price

$131.23

Sector

Financial Services

Industry

Capital Markets

Free 路 No credit card required

Track MKTX and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is MarketAxess Holdings Inc. (MKTX) halal to invest in?
Based on AAOIFI Standard 21 screening, MarketAxess Holdings Inc. (MKTX) is rated Halal with a compliance grade of B (Acceptable). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did MarketAxess Holdings Inc. get a B compliance rating?
MarketAxess Holdings Inc. (MKTX) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 6.9% (limit 30%); interest-bearing deposits of 12.6% (limit 30%); prohibited income of 2.92% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change MarketAxess Holdings Inc.'s Shariah verdict?
MarketAxess Holdings 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 MarketAxess Holdings Inc. re-screened for Shariah compliance?
MarketAxess Holdings Inc. (MKTX) 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.