Is State Street Corp. STT stock halal to invest in?

No, as of August 2026, State Street Corp. stock (STT) 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. State Street Corp. currently does not meet the threshold for the non-permissible income 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 State Street Corp. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is State Street Corp. STT reviewed for Shariah compliance?

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 reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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

No, as of August 2026, State Street Corp. stock (STT) 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. State Street 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 State Street Corp. STT pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, State Street Corp. stock (STT) 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). State Street Corp.'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 State Street Corp. STT pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, State Street Corp. stock (STT) 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. State Street 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 State Street Corp. STT stock?

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

Does State Street Corp. STT pass the AAOIFI Preference Share screen?

Yes, as of August 2026, State Street Corp. stock (STT) 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. State Street 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.

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State Street Corp.

NYSE

Shariah-Compliant

Not Shariah

STT

About

State Street Corp.

STT

State Street Corporation is a global financial services and bank holding company recognized for its pivotal role in supporting institutional investors. Established in 1792, State Street has evolved into one of the world’s largest asset managers and custody banks. The company specializes in offering investment servicing, investment management, and investment research to a diverse clientele that includes mutual funds, pension funds, insurance companies, asset managers, and sovereign funds. Its comprehensive suite of services encompasses custody, accounting, fund administration, recordkeeping, securities lending, and performance analytics. State Street Corporation manages approximately $4.7 trillion in assets and oversees more than $46 trillion in assets under custody and administration, reflecting its systemic importance to the global financial infrastructure. The company also provides innovative technology platforms, such as State Street Alpha, designed to streamline portfolio management, trading, and analytics for clients. In addition, its offerings span across global custody solutions, foreign exchange, brokerage, and specialized investment products, including exchange-traded funds and collective investment vehicles. Headquartered in Boston, State Street’s extensive global operations and reputation for stability make it a critical partner for institutional clients navigating complex financial markets.

Sector:

Financial Services

Industry:

Asset Management

Employees:

51503

Website:

https://www.statestreet.com

STT

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State Street Corp.

About

State Street Corp.

STT

Frequently asked questions

Is State Street Corp. STT stock halal to invest in?

How often is State Street Corp. STT reviewed for Shariah compliance?

Does State Street Corp. STT pass the AAOIFI Non Permissible Income criteria?

Does State Street Corp. STT pass the AAOIFI Interest Bearing Investments criteria?

Does State Street Corp. STT pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for State Street Corp. STT stock?

Does State Street Corp. STT pass the AAOIFI Preference Share screen?

Can I buy State Street (STT) stock on Tabadulat?

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