
Is Booz Allen Hamilton (BAH) stock Halal?
September 2026 AAOIFI screening result for Booz Allen Hamilton Holding Corp. (BAH): non-permissible income, fail. Interest-bearing investments, pass. Interest-bearing debt, fail. Preference shares, pass. Booz Allen Hamilton Holding Corp. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Booz Allen Hamilton is a management consulting company that specializes in providing services primarily to the U.S. government. Booz Allen Hamilton plays a significant role in sectors such as defense, intelligence, and civil government, offering strategic and transformative solutions to complex challenges faced by federal clients. Known for its deep understanding of governmental needs, the company helps in tackling national security issues, optimizing mission-oriented technological capabilities, and improving efficiency. Before any of that matters to a Muslim investor, one question comes first: is Booz Allen Hamilton stock Halal?
Is Booz Allen Hamilton Shariah compliant?
Industrial businesses like Booz Allen Hamilton usually pass the activity screen without drama. The harder test is financial: heavy assets mean heavy financing, and AAOIFI Shariah Standard No. 21 tolerates interest bearing debt and investments only below 30% of market capitalisation, ratios that shift with every move in the share price.
Does Booz Allen Hamilton pass the business activity test?
The activity screen is only part of the picture this month: Booz Allen Hamilton currently fails the non-permissible income and interest-bearing debt screens, so the overall verdict is not compliant regardless of the business itself. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.
Is Booz Allen Hamilton's income Halal?
No. Booz Allen Hamilton's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does Booz Allen Hamilton meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



