Is Northern Trust Corp. NTRS stock halal to invest in?

No, as of August 2026, Northern Trust Corp. stock (NTRS) 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. Northern Trust Corp. 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 Northern Trust Corp. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Northern Trust Corp. NTRS reviewed for Shariah compliance?

Tabadulat reviews Northern Trust Corp. NTRS 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 Northern Trust Corp. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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 Northern Trust Corp. NTRS pass the AAOIFI Non Permissible Income criteria?

No, as of August 2026, Northern Trust Corp. stock (NTRS) 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. Northern Trust Corp.'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 Northern Trust Corp. NTRS pass the AAOIFI Interest Bearing Investments criteria?

No, as of August 2026, Northern Trust Corp. stock (NTRS) 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. Northern Trust Corp.'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 Northern Trust Corp. NTRS pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, Northern Trust Corp. stock (NTRS) 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. Northern Trust Corp.'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 Northern Trust Corp. NTRS stock?

Northern Trust Corp. (NTRS) 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 Northern Trust Corp. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Northern Trust Corp. NTRS pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Northern Trust Corp. stock (NTRS) 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. Northern Trust Corp. 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.

Invest Halal, Anytime, Anywhere

Download the Tabadulat app and start building your Shariah-compliant portfolio in minutes.

English

العربية

Northern Trust Corp.

NASDAQ

Shariah-Compliant

Not Shariah

NTRS

About

Northern Trust Corp.

NTRS

Northern Trust Corporation is a leading financial services company specializing in investment management, asset and fund administration, fiduciary services, and banking solutions. Established in 1889 and headquartered in Chicago, Illinois, Northern Trust caters to corporations, institutions, affluent families, and individuals worldwide, showcasing a strong focus on wealth management and asset servicing. As a prominent player in the financial services industry, Northern Trust is renowned for its disciplined approach to risk management and its dedication to technological innovation, providing clients with cutting-edge digital tools and resources to manage their financial affairs efficiently. The corporation's global presence extends across North America, Europe, the Middle East, and the Asia-Pacific region, enabling it to support a diverse clientele with customized solutions. Northern Trust's market significance is highlighted by its role as a custodian and asset manager for some of the largest institutional investors globally. By committing to sustainability and corporate responsibility, Northern Trust also positions itself as a socially conscious entity in the financial landscape, attending to both its clients’ and the broader community's long-term growth and welfare.

Sector:

Financial Services

Industry:

Asset Management

Employees:

23600

Website:

https://www.northerntrust.com

NTRS

Frequently asked questions

Related stocks

Mobile login screen for Tabadulat with fields to enter email, a Continue button, an option to create an account, and a language selector showing EN.

Step 1

Open your account.

Create your Tabadulat account in minutes: enter your details, complete identity verification, and add funds by secure transfer in multiple currencies. You're ready to start investing in halal stocks the same day.

Mobile screen showing add money interface with 100 AED amount and Manual Bank Transfer payment method selected, noting 1-2 business days processing.

Step 2

Deposit.

Add funds to your account using a secure payment method. You can deposit in multiple currencies to get started.

Step 3

Screen.

Screen Stocks for Free and explore a wide range of stocks that are ethically screened for Shariah compliance. Use our Halal Stock Screener to find the best opportunities.

Northern Trust Corp.

About

Northern Trust Corp.

NTRS

Frequently asked questions

Is Northern Trust Corp. NTRS stock halal to invest in?

How often is Northern Trust Corp. NTRS reviewed for Shariah compliance?

Does Northern Trust Corp. NTRS pass the AAOIFI Non Permissible Income criteria?

Does Northern Trust Corp. NTRS pass the AAOIFI Interest Bearing Investments criteria?

Does Northern Trust Corp. NTRS pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Northern Trust Corp. NTRS stock?

Does Northern Trust Corp. NTRS pass the AAOIFI Preference Share screen?

Can I buy Northern Trust (NTRS) stock on Tabadulat?

Open your account.

Deposit.

Screen.