Is JD.com (JD) stock Halal?
As of the September 2026 screening, JD.com, Inc. (JD) does not meet the AAOIFI Shariah Standard No. 21 threshold for the interest-bearing investments screen, so the stock is not currently classified as Shariah compliant. It is re-screened every month and can regain compliance if its financial structure changes.
JD.com is a leading Chinese e-commerce company specializing in online retail and direct sales services. As one of the largest e-commerce platforms in China, JD.com provides a vast inventory of products including electronics, home appliances, and consumer goods, emphasizing high-quality and reliable products for its consumers. The company is distinguished by its state-of-the-art logistics network which ensures rapid delivery and exceptional customer service across the country. For Muslim investors, though, the most pressing question is simpler: is JD.com a Halal investment?
Is JD.com Shariah compliant?
For industrial companies like JD.com, 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 JD.com pass the business activity test?
The activity screen is only part of the picture this month: JD.com 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 JD.com's income Halal?
Yes, within AAOIFI's tolerance. JD.com's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does JD.com 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?



