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Is Charles Schwab Corporation stock halal?

Charles Schwab Corporation (SCHW) · Financials · Investment Banking & Brokerage

Charles Schwab Corporation's main business is one every Shariah standard excludes.

What official bodies say

Haram-leaningPublished decisions on record

Main business: stockbroking business. Every Shariah standard excludes this business: AAOIFI Shariah Standard 21, the SC Malaysia benchmarks and the S&P, FTSE and MSCI Shariah indices. SC Malaysia SAC screening methodology

Get an email when a recognised body rules on Charles Schwab Corporation

Only when a body publishes or changes a position. You confirm by email first and can stop in one click. A report of what was published, not a fatwa or advice.

The ratios, as plain facts

Interest-bearing debt / total assetsSC Malaysia benchmark: under 33%
4.4%under 33%
Cash and short-term investments / total assetsSC Malaysia benchmark: under 33% (conventional cash)
7.8%under 33%
Interest income / revenueSC Malaysia business benchmark: non-compliant income under 5%
0.9%under 5%

Balance sheet as of 30 Jun 2026, income for the fiscal year to 31 Dec 2025, from Charles Schwab Corporation's XBRL filings with the US SEC. Total assets $517.3B, debt $22.7B, revenue $23.9B. Read the filings

These are the SC Malaysia financial benchmarks applied to US filings, for comparison only. AAOIFI, DJIM and S&P measure debt against market value instead, which needs live share prices; those ratios are coming. Some companies report interest income inside other lines, so a missing figure is not zero.

Deengen does not issue fatwas or verdicts. Labels summarise decisions published by regulators, Shariah index boards and Shariah-supervised funds, dated and linked. Ratios are arithmetic from the company's own filings, shown next to published benchmarks, not a ruling. Nothing here is a recommendation to buy, sell or hold. Capital at risk. Ask a qualified scholar for a ruling that applies to you.