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Is FedEx Corporation (FDX) halal?

NYSE · Industrials — Logistics
Not compliant

FedEx Corporation is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 58.9% of market capitalisation (limit 30%); non-permissible (interest) income is 0.4% of revenue (limit 5%).

The AAOIFI financial screen

TestResultLimitStatus
Interest-bearing debt ÷ market capitalisation58.9%< 30%Over limit
Non-permissible income ÷ revenue0.4%< 5%Within limit

A ratio at or above 30% (debt) or 5% (income) fails. A debt ratio of 27–30% or an income ratio of 4–5% is marked "close to limit" and makes the company questionable.

About FedEx Corporation

FedEx Corporation is a global logistics and courier company headquartered in Memphis, Tennessee. It operates an integrated air-and-ground network that transports parcels, freight, and documents for businesses and consumers worldwide. The company's core operating segments include FedEx Express for time-sensitive international and domestic express parcel delivery, FedEx Ground for cost-effective residential and business parcel services in North America, less-than-truckload…

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Frequently asked questions

Is FedEx Corporation (FDX) halal?

FedEx Corporation is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 58.9% of market capitalisation (limit 30%); non-permissible (interest) income is 0.4% of revenue (limit 5%).

What makes a stock halal or haram?

Under AAOIFI Standard 21 a company must first have a permissible core business (no conventional banking or insurance, alcohol, tobacco, gambling or similar). Then interest-bearing debt must be under 30% of its market value and interest income under 5% of its revenue.

How much of FedEx Corporation's dividends should be purified?

About 0.4% of each dividend, the share of the company's income that is not permissible. Donate that amount rather than keeping it.

How often is this updated?

Prices refresh daily and the ratios update when the company files new financial statements, usually every quarter. This page's data was last updated 2026-09-16.

Screened against AAOIFI Standard 21 using the company's latest reported financials (data updated 2026-09-16). This is an automated screen, not a fatwa; scholars differ on some thresholds. What each verdict means.