Scan

💰 Money & work

Is a Stocks and Shares ISA Halal?

Quick answer It depends

It can be. A stocks and shares ISA is halal if the money is invested in Sharia-compliant shares or funds: companies screened out of alcohol, gambling, pork and conventional banking, and with limited debt. Several UK platforms offer halal funds and ETFs.

Also asked as: “Can I have a halal ISA?” · “Are ISA funds halal?”

What makes it halal

  • Shariah-screened funds or ETFs.
  • Any cash in the ISA not earning interest, or interest given away.
  • Purifying any small non-compliant income as advised by the fund.

See are index funds halal? and halal investing in the UK.

A Sharia-compliant stocks and shares ISA

A stocks and shares ISA is a tax wrapper, so it is only as halal as what is inside it. Platforms offer funds that screen out alcohol, gambling, pork, weapons and conventional finance.

Check the cash balance on the platform, which may earn interest, and remember that income from impermissible sources may need to be given to charity.

Written and checked by

Hafiz Nasir Mehmood

Quran HafizIslamic researcher

Last reviewed 2026-11-01. How we write these answers · Suggest a correction

Related questions

💰 Money & workAre Index Funds Halal? It depends💰 Money & workIs It Halal to Invest in Stocks? It depends💰 Money & workIs a Cash ISA Halal? It depends

Test what you know

Take the 10-question "Halal or not?" quiz.

Start the quiz