Halal Stocks in the UK (2026): Top 10 Shariah Compliance Overview

Under Islamicly's Shariah framework, shares in a listed company may be considered permissible to own and trade when two conditions are met. The underlying business activity and the applicable financial criteria must both satisfy the Shariah screening methodology. That methodology is prescribed by AAOIFI standards and reviewed by Islamicly's globally renowned Shariah Supervisory Board.

Shariah Compliance in the UK at a Glance

How Islamicly Screens a Stock

Islamicly applies three-level screening to every listed equity, aligned with AAOIFI Shariah Standard No. 21, with a fourth step governing the income that remains. A company must clear all three screens to earn a compliant rating.

Purification applies to dividends, not capital gains.

Top 10 Stocks in the UK by Market Capitalisation

1. Samsung Electronics

Samsung Electronics is South Korea's largest company and a leading maker of memory chips, smartphones and displays. Its global depositary receipts trade in London. Samsung's non-permissible revenue is below 5% of total income. The stock therefore passes the business sector screen. It also passes debt compliance and cash compliance.

2. HSBC Holdings

HSBC is one of the world's largest banking groups, headquartered in London, with the bulk of its profits earned in Asia, particularly Hong Kong. HSBC is a conventional bank whose revenue comes mainly from interest-based lending and investments, well above the 5% threshold. The stock therefore fails the business sector screen. It also fails debt compliance and cash compliance.

3. Shell

Shell is an integrated oil and gas company spanning exploration, liquefied natural gas, refining, trading and fuel retail, and moved its headquarters to London in 2022. A review of Shell's integrated gas, upstream, marketing, chemicals and renewables revenue found interest income below 5% of total revenue. The stock therefore passes the business sector screen and also passes cash compliance. However, its interest-bearing debt exceeds 30% of its 36-month average market capitalisation, so it fails debt compliance.

4. AstraZeneca

AstraZeneca is a Cambridge-based pharmaceutical company focused on oncology, cardiovascular and respiratory medicines, and rare diseases. A review of AstraZeneca's product sales, alliance and collaboration revenue found interest income below 5% of total revenue. The stock therefore passes the business sector screen. It also passes debt compliance and cash compliance.

5. BHP Group

BHP is an Australian mining group and one of the world's largest producers of iron ore and copper. It unified its corporate structure in Australia in 2022 and retains a London listing. BHP's non-permissible revenue is below 5% of total income. The stock therefore passes the business sector screen. It also passes debt compliance and cash compliance.

6. PepsiCo

PepsiCo is a US food and beverage company whose brands include Pepsi, Lay's, Doritos and Quaker. Its shares trade in London on the international order book. PepsiCo's non-permissible revenue is below 5% of total income. The stock therefore passes the business sector screen. It also passes debt compliance and cash compliance.

7. Rio Tinto

Rio Tinto is an Anglo-Australian mining group producing iron ore, aluminium and copper, with shares listed in London and Sydney. A review of Rio Tinto's iron ore, aluminium, copper, minerals and other revenue found no non-permissible operating revenue, with interest income below 5% of total revenue. The stock therefore passes the business sector screen. It also passes debt compliance and cash compliance.

8. Rolls-Royce Holdings

Rolls-Royce makes engines for wide-body commercial aircraft and military aircraft, alongside power systems and nuclear technology. A review of Rolls-Royce's original equipment and aftermarket services revenue found no involvement in non-permissible business activities, with interest income below 5% of total revenue. The stock therefore passes the business sector screen. It also passes debt compliance and cash compliance.

9. Adriatic Metals

Adriatic Metals is a UK-based precious and base metals miner operating the Vareš silver mine in Bosnia and Herzegovina and developing the Raska zinc-silver project in Serbia. A review of Adriatic's lead-silver and zinc concentrate sales found no involvement in non-permissible business activities, with interest income below 5% of total revenue. The stock therefore passes the business sector screen. It also passes debt compliance and cash compliance.

10. Unilever

Unilever is a consumer goods company whose brands include Dove, Persil, Hellmann's and Knorr, sold in around 190 countries. A review of Unilever's beauty and personal care, foods and home care revenue found no non-permissible operating revenue, with interest income below 5% of total revenue. The stock therefore passes the business sector screen. It also passes debt compliance and cash compliance.

Compliance Status Is Dynamic, Not Permanent

Sector-Wise Shariah Screening in the UK

Healthcare (63%) and Technology (62%) have the highest compliance rates. Transportation has the lowest (8%, 2 of 25). Financial, the largest sector with 380 securities — most of them investment trusts — clears just 14%.

About Islamicly

Islamicly is a Shariah-certified app and web platform for screening Shariah-compliant equities. It provides Shariah compliance information for stocks listed on the London Stock Exchange, and for companies listed across global markets.

Screening is carried out against AAOIFI-based standards and reviewed by Islamicly's Shariah Supervisory Board, chaired by Dr. Mohamed A. Elgari (Saudi Arabia), with Dr. Muhammad Amin Qattan (Kuwait) and Dr. Nazih Hammad (Canada). Every classification published by Islamicly, including those in this report, is produced under that framework.

On the app and web platform, investors can check the Shariah status of any listed stock, screen an existing portfolio for non-compliant positions, view a stock's historical compliance data, calculate dividend purification amounts, and receive alerts when a holding changes status. Islamicly also offers Shariah-screened model portfolios, digital gold and silver, mutual funds and managed-investment options, and runs free AMAs and webinars on halal investing.