Apple Stock: Halal Tech Investment or Sharia Conflict?

Syed Bukhari

Updated on:

Is Investing in Apple Shares Halal?

Apple Stock – Business Sector Screening

Apple’s main revenue streams come from the sale of various consumer electronic devices, including smartphones (iPhone), tablets (iPad), PCs (Mac), smartwatches (Apple Watch), and TV boxes (Apple TV), as well as its digital content and services.

Their business is centred around the sales of:

  • iPhone
  • Mac
  • iPad
  • Wearables, Home and Accessories
  • Services
Is Investing in Apple Shares Halal?

Areas of Concern from a Shariah Perspective

The main areas of concern are Apple’s digital content and streaming services, which include the App Store, Apple Music, and Apple TV+. These platforms offer access to a wide range of digital content, including movies, TV shows, music, and games, some of which may not be Shariah-compliant.

Additionally, Apple offers the Apple Card, a co-branded credit card that charges interest, which is considered a non-compliant activity according to Shariah principles.

Ethical Considerations

There have been some ethical concerns surrounding Apple’s supply chain, with allegations of the use of forced labor and human rights violations by some of its suppliers. While Apple has denied these allegations, it’s essential for Muslim investors to stay informed about the company’s ethical practices.

Is Apple Stock Halal or Haram?

Based on the information provided, it appears that investing in Apple stock can be considered halal, as long as certain conditions are met:

1. The investor should ensure that the non-compliant revenue from the digital content and streaming services, as well as the interest-based revenue from the Apple Card, does not exceed the acceptable threshold for Shariah-compliant investments.

2. The investor should closely monitor the company’s activities and operations to ensure they remain in line with Shariah principles, as the landscape may change over time.

3. The investor should diversify their portfolio and not rely solely on Apple stock, as this can help mitigate the risk of any potential non-compliant activities.

Why Investing In Apple Stock Halal?

The factor that makes Apple an attractive investment for Muslim investors is the company’s commitment to ethical and socially responsible principles. This aligns well with the Islamic investment criteria that must be met for an investment to be considered halal.

Specifically, there are three key criteria that must be satisfied:

  1. The products and services offered must be halal (permissible) according to Shariah law.
  2. The company must not be involved in any activities that are based on riba (interest).
  3. The company’s assets must not be considered illiquid.

Apple meets all of these criteria. The products it offers, such as smartphones, computers, and wearables, are halal for Muslim consumers to use. The company does not engage in any interest-based activities. And as a highly liquid, publicly traded stock, Apple’s shares are a suitable investment for those seeking to build a halal portfolio.

Given these factors, it’s easy to see why many Muslim investors view Apple stock as a halal investment option. Of course, as with any investment, it’s important to do your own due diligence to ensure it aligns with your individual investment goals and religious beliefs.

Tips To Invest In Halal Stock

Research the company’s operations and financials:

Before investing in any stock, it’s crucial to thoroughly research the company to ensure its operations and financials are in line with Islamic investment principles.

Check the company’s practices:

When investing in halal stocks, you should also closely examine the company’s practices and policies to make sure they don’t involve any predatory or usurious activities.

Invest in socially responsible stocks:

Many Islamic investment funds allow you to invest in companies that are considered socially responsible. These are often firms that focus on sustainable development, renewable energy, or other environmentally and socially conscious initiatives.

Diversify your portfolio:

One of the most important tips for investing in halal stocks is to diversify your portfolio. By holding a mix of different investments, you can protect yourself from market volatility and minimize your overall risk.


 Q. Is buying Apple stock halal?

Absolutely, as long as Apple does not engage in any haram activities like gambling, producing prohibited products, or dealing in interest-based transactions, then investing in Apple stock is considered halal (permissible) according to Islamic principles.

 Q. Is Apple’s products halal?

Yes, Apple’s products like smartphones, computers, and other electronic devices are considered halal for Muslims to use, as they are general-purpose tools that can be utilized in a lawful manner.

 Q. Is it haram to invest in Apple stock?

No, it is not haram (forbidden) to invest in Apple stock, as the company does not seem to be involved in any activities that are prohibited under Islamic law, such as gambling, producing alcohol or pork-related products, or dealing with interest-based finance.

 Q. Is it halal to invest in Apple stock?

Yes, investing in Apple stock can be deemed halal (permissible) as long as you conduct your due diligence to ensure the company’s operations and financials align with Islamic investment principles.

 Q. Are iPhones haram in Islam?

No, iPhones are not considered haram (forbidden) in Islam as long as they are used responsibly and in accordance with Islamic principles. The iPhone itself is just a tool, and the company that produces it, Apple, is not inherently haram as long as it abides by Shariah guidelines.

 Q. Is Apple stock Shariah-compliant?

Apple stock can be considered Shariah-compliant as long as the company’s operations and financials meet the criteria for Islamic investing, such as avoiding interest-based activities and haram products or services.

 Q. Which stock is haram in Islam?

Stocks of companies involved in activities that are prohibited under Shariah law, such as the production or sale of alcohol, pork, gambling, or weapons, would be considered haram (forbidden) for Muslim investors.

Q. Is Tesla a halal stock?

Based on available information, Tesla’s operations and products appear to be in line with Islamic investment principles, so Tesla stock can be considered a halal (permissible) investment option.

Q. What stocks are not halal?

Stocks of companies that deal with interest-bearing instruments, such as fixed-income securities, preferred shares, and convertible notes, would generally not be considered halal, as these involve elements of riba (interest), which is prohibited in Islam.

Q. Can Muslims trade in stocks?

Yes, Muslims can participate in stock trading and investing, as long as they ensure the companies they invest in are operating in accordance with Shariah law, without engaging in any haram (prohibited) activities.

Q. Is Apple a Shariah-compliant stock?

Based on the information provided, Apple’s operations and products appear to be largely Shariah-compliant, as the company does not seem to be involved in any activities that are prohibited under Islamic law. However, it’s important for Muslim investors to do their own due diligence to confirm the company’s compliance.