
Is Brilliant Earth (BRLT) stock Halal?
Under AAOIFI Shariah Standard No. 21, a Halal stock keeps non-permissible income below 5% of revenue and interest-bearing debt and investments each below 30% of market capitalisation. Brilliant Earth Group, Inc. (BRLT) does not meet the threshold for the interest-bearing investments screen as of September 2026, so it is not Shariah compliant.
Brilliant Earth is a renowned player in the jewelry industry, particularly known for its commitment to ethically sourced diamonds and fine jewelry. The company emphasizes sustainability and transparency, ensuring all its diamonds are conflict-free and sourced in environmentally responsible ways. Brilliant Earth offers a diverse array of jewelry pieces, including engagement rings, wedding bands, earrings, and pendants, catering to consumers seeking ethical alternatives in the luxury market. For Muslim investors, though, the most pressing question is simpler: is Brilliant Earth a Halal investment?
Is Brilliant Earth Shariah compliant?
For industrial companies like Brilliant Earth, the product is rarely the problem; aircraft, vehicles and machinery are permissible. The exposure is leverage: fleets and factories are financed, and the 30% cap that AAOIFI Shariah Standard No. 21 places on interest bearing debt is the screen that decides most verdicts in this sector.
Does Brilliant Earth pass the business activity test?
The activity screen is only part of the picture this month: Brilliant Earth currently fails the interest-bearing investments screen, 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 Brilliant Earth's income Halal?
Yes, within AAOIFI's tolerance. Brilliant Earth's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does Brilliant Earth meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing investments currently exceed 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?



