Is Houlihan Lokey, Inc. HLI stock halal to invest in?

No, as of August 2026, Houlihan Lokey, Inc. stock (HLI) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. Houlihan Lokey, Inc. currently does not meet the threshold for the non-permissible income screen. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of Houlihan Lokey, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Houlihan Lokey, Inc. HLI reviewed for Shariah compliance?

Tabadulat reviews Houlihan Lokey, Inc. HLI for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Houlihan Lokey, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Houlihan Lokey, Inc. HLI pass the AAOIFI Non Permissible Income criteria?

No, as of August 2026, Houlihan Lokey, Inc. stock (HLI) does not pass the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. Houlihan Lokey, Inc.'s income from non-permissible sources currently exceeds this 5% ceiling, which makes the stock non-compliant on this criterion regardless of how it performs on the other screens. The screen is reassessed monthly, so the status can change when the company releases new financial statements.

Does Houlihan Lokey, Inc. HLI pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Houlihan Lokey, Inc. stock (HLI) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). Houlihan Lokey, Inc.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Houlihan Lokey, Inc. HLI pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Houlihan Lokey, Inc. stock (HLI) passes the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. This cap limits shareholders' exposure to interest-based leverage. Houlihan Lokey, Inc.'s interest-bearing debt is currently within the 30% threshold. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for Houlihan Lokey, Inc. HLI stock?

Houlihan Lokey, Inc. (HLI) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If Houlihan Lokey, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Houlihan Lokey, Inc. HLI pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Houlihan Lokey, Inc. stock (HLI) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Houlihan Lokey, Inc. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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Houlihan Lokey, Inc.

NYSE

Shariah-Compliant

Not Shariah

HLI

About

Houlihan Lokey, Inc.

HLI

Houlihan Lokey Inc. is a leading global investment bank known for providing advisory services in financial restructuring, corporate finance, and financial valuation. The primary role of Houlihan Lokey is to offer expert guidance to corporations and governments in navigating complex financial situations. It is particularly renowned for its restructuring practice, having advised numerous high-profile clients on debt restructurings, distressed mergers and acquisitions, and bankruptcy situations. Houlihan Lokey serves a diverse client base that spans across various industries, including technology, healthcare, energy, and financial services, providing sector-specific knowledge and expertise to tailor solutions effectively. As a result, the firm plays a crucial role in helping clients optimize capital structures and enhance enterprise value. With its extensive global reach, Houlihan Lokey maintains a significant presence in major financial markets, positioning itself as a key player in the investment banking sector. Founded in 1972 and headquartered in Los Angeles, California, the firm has built a reputation for excellence in delivering strategic financial solutions and fostering long-term client relationships.

Sector:

Financial Services

Industry:

Capital Markets

Employees:

2702

Website:

https://hl.com

HLI

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Houlihan Lokey, Inc.

About

Houlihan Lokey, Inc.

HLI

Frequently asked questions

Is Houlihan Lokey, Inc. HLI stock halal to invest in?

How often is Houlihan Lokey, Inc. HLI reviewed for Shariah compliance?

Does Houlihan Lokey, Inc. HLI pass the AAOIFI Non Permissible Income criteria?

Does Houlihan Lokey, Inc. HLI pass the AAOIFI Interest Bearing Investments criteria?

Does Houlihan Lokey, Inc. HLI pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Houlihan Lokey, Inc. HLI stock?

Does Houlihan Lokey, Inc. HLI pass the AAOIFI Preference Share screen?

Can I buy Houlihan Lokey (HLI) stock on Tabadulat?

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