Is Mizuho Financial Group, Inc. MFG stock halal to invest in?

No, as of August 2026, Mizuho Financial Group, Inc. stock (MFG) 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. Mizuho Financial Group, Inc. currently does not meet the threshold for the non-permissible income, interest-bearing investments and interest-bearing debt screens. 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 Mizuho Financial Group, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Mizuho Financial Group, Inc. MFG reviewed for Shariah compliance?

Tabadulat reviews Mizuho Financial Group, Inc. MFG 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screening ensures the status shown for Mizuho Financial Group, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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 Mizuho Financial Group, Inc. MFG pass the AAOIFI Non Permissible Income criteria?

No, as of August 2026, Mizuho Financial Group, Inc. stock (MFG) 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. Mizuho Financial Group, 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 Mizuho Financial Group, Inc. MFG pass the AAOIFI Interest Bearing Investments criteria?

No, as of August 2026, Mizuho Financial Group, Inc. stock (MFG) does not pass 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. Mizuho Financial Group, Inc.'s interest-bearing investments currently exceed this 30% limit, meaning too large a share of the company's value derives from riba-based instruments for the stock to qualify as halal on this criterion. The ratio moves with both the balance sheet and the share price, and is reassessed monthly.

Does Mizuho Financial Group, Inc. MFG pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, Mizuho Financial Group, Inc. stock (MFG) does not pass 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. Mizuho Financial Group, Inc.'s interest-bearing debt currently exceeds this 30% limit, meaning the company relies on riba-based financing beyond the level AAOIFI permits for a halal investment. A company can return to compliance by reducing debt or through changes in market capitalisation, and the screen is reassessed monthly.

What is the dividend purification factor for Mizuho Financial Group, Inc. MFG stock?

Mizuho Financial Group, Inc. (MFG) 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 Mizuho Financial Group, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Mizuho Financial Group, Inc. MFG pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Mizuho Financial Group, Inc. stock (MFG) 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. Mizuho Financial Group, 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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Mizuho Financial Group, Inc.

NYSE

Shariah-Compliant

Not Shariah

MFG

About

Mizuho Financial Group, Inc.

MFG

Mizuho Financial Group Inc. ADR represents a prominent player in the financial services sector, offering comprehensive banking, trust banking, securities, and leasing services. Based in Tokyo, Japan, Mizuho Financial Group is one of the largest financial institutions in the country and has substantial international reach. As an American Depositary Receipt (ADR), it provides U.S. investors a way to invest in Mizuho Financial Group without dealing with direct foreign investments, offering convenience by trading in U.S. dollars on the New York Stock Exchange. This enhances the group’s visibility and accessibility to American investors. Mizuho Financial Group serves a wide array of clients, including individuals, corporate clients, and governmental entities, playing a crucial role in facilitating international trade and investment between Japan and global markets. The company's influence spans various industries, such as real estate, retail, and technology, by providing essential financial solutions and expertise. Its market significance is underscored by its contribution to both domestic and international financial landscapes, driving economic growth and stability.

Sector:

Financial Services

Industry:

Banks - Regional

Employees:

52554

Website:

https://www.mizuho-fg.co.jp

MFG

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Mizuho Financial Group, Inc.

About

Mizuho Financial Group, Inc.

MFG

Frequently asked questions

Is Mizuho Financial Group, Inc. MFG stock halal to invest in?

How often is Mizuho Financial Group, Inc. MFG reviewed for Shariah compliance?

Does Mizuho Financial Group, Inc. MFG pass the AAOIFI Non Permissible Income criteria?

Does Mizuho Financial Group, Inc. MFG pass the AAOIFI Interest Bearing Investments criteria?

Does Mizuho Financial Group, Inc. MFG pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Mizuho Financial Group, Inc. MFG stock?

Does Mizuho Financial Group, Inc. MFG pass the AAOIFI Preference Share screen?

Can I buy Mizuho Financial (MFG) stock on Tabadulat?

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