NASDAQ: AAPL - Market: USA - HQ: USA

Apple Inc. (AAPL)

Is Apple Inc. (AAPL) Halal and Shariah Compliant to Invest in?

Apple Inc. (AAPL) passes 3 out of 5 major Shariah screening standards evaluated by Muslim Xchange. It is compliant under AAOIFI, S&P Shariah, and FTSE Shariah. However, it fails to meet MSCI and DJIM criteria — primarily due to cash levels and debt ratios respectively.

Purification & Zakat Calculator

Select the type of calculation and enter your number of shares.

Frequently Asked Questions about Apple (AAPL)

Is Apple (AAPL) Shariah compliant?

Apple Inc. passes 3 out of 5 major Shariah standards including AAOIFI, S&P Shariah, and FTSE. It fails MSCI and DJIM due to its cash and debt levels.

Do I need to purify my Apple investment?

Yes, if you hold Apple stock during any financial reporting period. Under AAOIFI, purification is not required for short-term trades held less than a quarter.

How can I calculate purification and zakat for my Apple shares?

You can use the Purification Calculator on Muslim Xchange. Upload your portfolio to automatically compute your purification and zakat dues.

Financial Ratios

AAOIFI	S&P	DJIM	FTSE	MSCI
Debt: 22%✓ Limit: 30%	Debt: 20%✓ Limit: 30%	Debt: 21%✓ Limit: 30%	Debt: 22%✓ Limit: 30%	Debt: 22%✓ Limit: 30%
NCA: 19%✓ Limit: 30%			Cash: 15%✓ Limit: 33%	Cash: 15%✓ Limit: 33%
			C+AR: 30%✓ Limit: 70%	C+AR: 30%✓ Limit: 70%

Impure Income

Music, Movies and Other Non-Halal Services	3.21%
Interest Income	0.68%
Total	3.89%

Financial Performance

Time	Headlines	URL	Source	site	text
02:37 PM	Good time to be cautious on stocks rather than reach for more performance, says MAI's Chris Grisanti	https://www.youtube.com/watch?v=w1guQpJiBE8	CNBC Television	youtube.com	Chris Grisanti, MAI Capital Management chief market strategist, joins 'Power Lunch' to discuss why the recent rally in equities might not last.
02:36 PM	Bond yields rise after strong economic data	https://www.youtube.com/watch?v=6dj67ZJ8zgg	CNBC Television	youtube.com	CNBC's Rick Santelli reports on the latest news regarding the bond market.
02:23 PM	Senate Clears the Way for State AI Regulation. What It Means for AI Stocks.	https://www.barrons.com/articles/ai-meta-alphabet-microsoft-state-regulation-bill-7970bdb9	Barrons	barrons.com	States like California have led the charge in policing AI, to the displeasure of tech giants.
02:18 PM	Central Bankers Powell, Lagarde, Ueda, Bailey Speak at Sintra	https://www.youtube.com/watch?v=3jHoLpFOX0A	Bloomberg Markets and Finance	youtube.com	The ECB Forum on Central Banking – the Sintra Forum – is an annual event organised by the European Central Bank and is held in Sintra, Portugal. It brings together central bank governors, academics, financial market representatives, journalists and others to exchange views on current policy issues and discuss the Forum's key topic from a longer-term perspective.
01:16 PM	June jobs report could decide the next Fed interest-rate cut. Here's why.	https://www.marketwatch.com/story/june-jobs-report-could-decide-the-next-fed-interest-rate-cut-heres-why-72cc646b	Market Watch	marketwatch.com	Trade wars causing a hiring freeze. Artificial intelligence taking human jobs away.
12:55 PM	10 European Dividend Stocks That Could Beat Their U.S. Counterparts	https://www.barrons.com/articles/european-dividend-aristocrat-stocks-british-american-tobacco-sanofi-1ebe9c80	Barrons	barrons.com	So far in 2025, European stocks have left U.S. ones in the dust.
12:51 PM	Nasdaq Dips 150 Points; US ISM Manufacturing PMI Rises In June	https://www.benzinga.com/markets/market-summary/25/07/46202374/nasdaq-dips-150-points-us-ism-manufacturing-pmi-rises-in-june	Benzinga	benzinga.com	U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling over 150 points on Tuesday.
12:46 PM	The 'Halftime' Investment Committee debate how to play stocks in the second half	https://www.youtube.com/watch?v=qX69GjSXxNk	CNBC Television	youtube.com	The Investment Committee react to President Trump's megabill passing in the Senate and what it means for the market and your money.
12:40 PM	This market rally has room to run: How to position your portfolio	https://www.youtube.com/watch?v=aM8fAgWTEoQ	The Street	youtube.com	As stocks hit records, Wall Street veteran Art Hogan explains why markets still have room to run higher, and how to set up your portfolio for success. Transcript: CAROLINE WOODS: So Art, the S&P 500 is at or near record highs.
12:34 PM	Dogs Of The Dow: How You Can Get Dividend Stocks With Yields Up To 6.3%	https://www.benzinga.com/trading-ideas/dividends/25/07/46201722/dogs-of-the-dow-how-you-can-get-dividend-stocks-with-yields-up-to-6-3	Benzinga	benzinga.com	The Dow Jones Industrial Average was up around 4% in the first half of 2025, with 21 of the 30 components positive year-to-date through the first six months.
12:30 PM	CEA Chair Stephen Miran expects new tariffs framework announcements before July 9th deadline	https://www.youtube.com/shorts/FzLekA5HocI	CNBC Television	youtube.com	White House Council of Economic Advisers Chairman Stephen Miran said Tuesday that the administration's tariff programs are justified and will bring revenue to the U.S. economy, anticipating upcoming concessions before the July 9th deadline.
12:15 PM	Powell: A majority of FOMC feel it will be appropriate to reduce rates again by year-end	https://www.youtube.com/shorts/PmCOEvR9mno	CNBC Television	youtube.com	Fed Chair Jerome Powell on Tuesday said that "a solid majority" of the Federal Open Market Committee think it will be appropriate to cut interest rates in the remaining four meetings of the year. Powell said the decision to cut will depend on the incoming data, and he is particularly watching inflation and the "gradually cooling" labor market.
12:04 PM	Small caps will have long-term outperformance, says BofA's Jill Carey Hall	https://www.youtube.com/watch?v=ipof-nmClwk	CNBC Television	youtube.com	Jill Carey Hall, BofA Global Research head of U.S. small/mid-cap strategy, joins 'Money Movers' to discuss opportunities in small caps and the Fed's path ahead.
12:02 PM	Fed Chair Jerome Powell blames Trump's tariffs for holding up rate cuts	https://nypost.com/2025/07/01/business/fed-chair-jerome-powell-dodges-trumps-rate-cut-demand/	New York Post	nypost.com	Asked about Trump's barrage of insults, Powell's comment that the Fed was focused "100%" on its inflation and jobs target drew applause from the audience at a European Central Bank conference and from Powell's colleagues at other central banks.
11:48 AM	Powell Doesn't Rule Out a Fed Rate Cut in July	https://www.youtube.com/watch?v=Tu1DJLi02Wk	Bloomberg Markets and Finance	youtube.com	"I wouldn't take any meeting off the table," Federal Reserve Chair Jerome Powell says during a policy panel moderated by Bloomberg Television's Francine Lacqua at the ECB Forum on Central Banking 2025 in Sintra, Portugal. -------- More on Bloomberg Television and Markets Like this video?
11:45 AM	Powell says Fed would have cut rates further if not for tariffs	https://www.youtube.com/shorts/uFaIicD6bFQ	CNBC Television	youtube.com	Fed Chair Jerome Powell said on Tuesday the central bank "went on hold" when it saw the size of President Donald Trump's tariffs, as the central bank is waiting to evaluate the effects on consumers. Powell, whom the president has expressed his discontent with, said the Fed is "simply taking some time" to "wait and learn more" as the president continues to press for a rate cut.
11:42 AM	Fed Chair Jerome Powell said steady economic activity would allow the central bank to wait and see the effects that tariff increases have on prices and economic growth before resuming interest-rate reductions	https://www.wsj.com/economy/central-banking/jerome-powell-fed-chair-interest-rates-37892a76	WSJ	wsj.com	Federal Reserve officials are trying to assess how tariff increases will reshape the outlook for the U.S. economy and inflation.
11:34 AM	SPY: All-Time High Amidst Record High Uncertainty Is A Bad Omen	https://seekingalpha.com/article/4798626-spy-all-time-high-amidst-record-high-uncertainty-is-a-bad-omen	Seeking Alpha	seekingalpha.com	The S&P 500 index is once again at all-time highs, and this is backed by rosy expectations of future earnings growth. While we have seen such lofty valuations before, this time around the earnings yield of the S&P 500 is significantly lower than the yield on U.S. Treasuries.
11:30 AM	Cathie Wood: Current tech volatility cannot be compared to the late '90s	https://www.youtube.com/shorts/-L51-vnTuT0	CNBC Television	youtube.com	Ark Invest CEO Cathie Wood explains how the firm's research gives her confidence in investing in volatile tech companies.
11:21 AM	Federal Reserve chair blames Trump's tariffs for preventing interest rate cuts	https://www.theguardian.com/us-news/2025/jul/01/federal-reserve-chair-blames-trump-tariffs-for-preventing-interest-rates-cut	The Guardian	theguardian.com	Jerome Powell says inflationary impact of the president's trade policies needs to be assessed before borrowing costs can be reduced
11:17 AM	Macao gaming stocks pop	https://www.youtube.com/watch?v=7WPonk1yL6w	CNBC Television	youtube.com	CNBC's Contessa Brewer joins 'Squawk on the Street' with the latest news on the gambling and casino space.
11:09 AM	Cliff Asness' AQR sees multiple hedge funds up double digits in 2025, beating the market	https://www.cnbc.com/2025/07/01/cliff-asness-aqr-sees-multiple-hedge-funds-up-double-digits-in-2025-beating-the-market.html	CNBC	cnbc.com	AQR Capital Management's Apex strategy rallied 11.4% in the first six months of the year, according to a person familiar with the fund's returns. AQR's long-short Delphi equity fund gained 11.6% net of fees in the first half of 2025, the person said.
11:09 AM	President Trump threatens new Japan tariffs, Senate pulls all-nighter on tax bill	https://www.youtube.com/watch?v=mVmb39j_pTI	Yahoo Finance	youtube.com	Morning Brief anchor Brad Smith breaks down the latest financial news for July 1, 2025. President Trump threatened Tesla and SpaceX CEO Elon Musk with withdrawing government subsidies after Musk criticized the "big, beautiful bill.
11:01 AM	3 Market Predictions For July	https://seekingalpha.com/article/4798616-3-market-predictions-for-july	Seeking Alpha	seekingalpha.com	Markets shrugged off geopolitical and economic concerns in June, with the S&P 500 and NASDAQ reaching all-time highs despite valuations pointing to a deeply overbought market. Investors remain optimistic about a second quarter GDP rebound, even as annual growth is projected to be a modest 1.4% for all of 2025, which outpaces that of Japan and Europe.
11:01 AM	U.S.'s Sluggish Factory Activity Persists Amid Trade Uncertainty	https://www.wsj.com/economy/u-s-s-sluggish-factory-activity-persists-amid-trade-uncertainty-1455c357	WSJ	wsj.com	U.S. manufacturing activity contracted for a fourth straight month in June, indicating continued uncertainty among firms surrounding tariffs and their effect on costs.
10:53 AM	Trump Gives Fed New Mandate	https://seekingalpha.com/article/4798611-trump-gives-fed-new-mandate	Seeking Alpha	seekingalpha.com	President Trump's spending bill and push for lower rates will drive liquidity, boosting stocks and bonds but pressuring the U.S. dollar and inflation. The Fed's likely dovish shift and SLR reduction will unleash trillions in bank balance sheet capacity, supporting risk assets in the near term.
10:53 AM	Major Asset Classes: June 2025 Performance Review	https://seekingalpha.com/article/4798612-major-asset-classes-june-2025-performance-review	Seeking Alpha	seekingalpha.com	Stocks in emerging markets extended their rally in June, posting the strongest gain for the major asset classes last month, based on a set of ETFs. Year to date, foreign stocks in developed markets continue to enjoy a commanding lead for the major asset classes.
10:32 AM	ISM manufacturing PMI surprises to upside	https://www.youtube.com/watch?v=EI4VBaKajOc	CNBC Television	youtube.com	CNBC's Rick Santelli joins 'Squawk on the Street' with the latest economic data to cross the tape.
10:31 AM	U.S. job openings climb to 6-month high. That's the good news.	https://www.marketwatch.com/story/u-s-job-openings-climb-to-6-month-high-thats-the-good-news-the-bad-businesses-arent-hiring-very-quickly-3c2bf45e	Market Watch	marketwatch.com	Job openings climbed in May to a six-month high as lots of graduates entered the labor force, but companies were not very quick to hire as the grappled with the aftershocks of high U.S. tariffs.
10:23 AM	S&P global U.S. manufacturing PMI comes in at 52.9 vs. 52 estimated	https://www.youtube.com/watch?v=bGZ6Iv1aGs4	CNBC Television	youtube.com	CNBC's Rick Santelli joins 'Squawk on the Street' to discuss the latest economic data to cross the tape.
10:22 AM	Fed Chair Powell: We went on hold when we saw the size of the tariffs	https://www.youtube.com/watch?v=RfH6ncZlSdM	CNBC Television	youtube.com	Federal Reserve Chair Powell answers questions at an ECB panel in Portugal.
10:22 AM	U.S. manufacturing slump shows little sign of ending, ISM says, amid ongoing trade wars	https://www.marketwatch.com/story/u-s-manufacturing-slump-shows-little-sign-of-ending-ism-says-amid-ongoing-trade-wars-42cbfddc	Market Watch	marketwatch.com	Even after the Trump White House dialed back high U.S., tariffs, American manufacturers say ongoing trade wars have raised costs, curbed demand and made it hard to plan for the future.
10:20 AM	5 Trends To Watch As U.S. Stocks Hit A New High	https://seekingalpha.com/article/4798617-trends-to-watch-us-stocks-hit-new-high	Seeking Alpha	seekingalpha.com	The S&P 500 Index closed last week at an all-time high, bouncing back from a 20% decline earlier this year. Markets appear to be pricing in clarity on US trade policy, and modest support from Congress and the Fed.
10:08 AM	US Stocks Mixed; Dow Gains Over 50 Points	https://www.benzinga.com/markets/market-summary/25/07/46196246/us-stocks-mixed-dow-gains-over-50-points	Benzinga	benzinga.com	U.S. stocks traded mixed this morning, with the Dow Jones index gaining over 50 points on Tuesday.
10:04 AM	Fed Chair Jerome Powell said steady economic activity would allow the central bank to wait and see the effects that tariff increases have on prices and economic growth before resuming interest-rate reductions	https://www.wsj.com/economy/central-banking/powell-cites-solid-economy-in-keeping-wait-and-see-stance-on-rates-37892a76	WSJ	wsj.com	Federal Reserve officials are trying to assess how tariff increases will reshape the outlook for the U.S. economy and inflation.
10:01 AM	SPX Goes "Defensive" After All-Time High Run, Metals Outperform YTD	https://www.youtube.com/watch?v=v7XGYTxx5PE	Schwab Network	youtube.com	The SPX saw weakness at the opening bell after multiple days of hitting all-time highs. Kevin Green urges investors to stay nimble as price action shifts, offering a look into the technicals to watch today.
09:58 AM	Powell confirms that the Fed would have cut by now were it not for tariffs	https://www.cnbc.com/2025/07/01/powell-confirms-that-the-fed-would-have-cut-by-now-were-it-not-for-tariffs.html	CNBC	cnbc.com	The U.S. central bank would likely have begun cutting interest rates again if not for the levy plan, the Fed chief said.
09:35 AM	S&P500 and Nasdaq 100: US Indices Fall on Opening as Trump-Musk Feud Rocks Tech Stocks	https://www.fxempire.com/forecasts/article/sp500-and-nasdaq-100-us-indices-fall-on-opening-as-trump-musk-feud-rocks-tech-stocks-1530340	FXEmpire	fxempire.com	US stock market opens H2 2025 with caution as Tesla plunges 6% on Trump-Musk feud. Fed Chair Powell speaks today amid record S&P500 levels.
09:33 AM	US dollar continues to weaken, Japan-US trade talks stall over cars and rice	https://www.youtube.com/watch?v=0Y-OMDR0qik	Yahoo Finance	youtube.com	The US dollar has had its worst start to the year since 1973. The greenback is trading at multiyear lows against most major currencies.
09:21 AM	Small and mid cap area is a place for significant growth, says Aperture's Peter Kraus	https://www.youtube.com/watch?v=FmJp28Me-Tk	CNBC Television	youtube.com	Peter Kraus, Aperture Investors chairman and CEO, joins 'Squawk Box' to discuss the latest market trends, state of the economy, impact of AI, and more.
09:21 AM	Watch Fed chief Jerome Powell speak at an ECB panel in Portugal	https://www.cnbc.com/2025/07/01/fed-powell-ecb-panel-portugal.html	CNBC	cnbc.com	The stream is slated to start at 9:30 a.m. ET.
09:02 AM	Dow Jones forecast for 2025 as Fear and Greed Index rises	https://invezz.com/news/2025/07/01/dow-jones-forecast-for-2025-as-fear-and-greed-index-rises/	Invezz	invezz.com	The Dow Jones Index has moved into a strong bull run as investors bought the dip following the April crash. It has jumped in the last three consecutive days, reaching a high of $44,095, its highest level since February 20.
09:01 AM	Wall Street's Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 8% Dividend Yields	https://www.benzinga.com/trading-ideas/dividends/25/07/46193400/wall-streets-most-accurate-analysts-weigh-in-on-3-energy-stocks-with-over-8-dividend-yields-3	Benzinga	benzinga.com	During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
09:00 AM	A Soft Landing Interrupted Or Undermined?	https://seekingalpha.com/article/4798574-a-soft-landing-interrupted-or-undermined	Seeking Alpha	seekingalpha.com	The market rebounded strongly in Q2, but faces uncertainty as Q3 earnings and outlooks approach. A soft economic landing is crucial; trade policies and tariffs risk reigniting inflation and complicating Fed decisions.
08:43 AM	Equities End 1H25 at All-Time Highs, Fall to Begin 2H25	https://www.youtube.com/watch?v=UwhmSIJg7Vs	Schwab Network	youtube.com	Kevin Green kicks off Tuesday's trading session with a look back at what led to the spring volatility and eventual run-up to new highs in 1H25. But, looking ahead, KG's watching several key areas of the trading environment: 1) Weakness in the dollar, and the inverse relationship with equities.
08:31 AM	Stocks add to their all-time highs as trade talks resume	https://www.fastcompany.com/91360749/stocks-all-time-highs-trade-talks-resume	Fast Company	fastcompany.com	U.S. stocks are adding to their records on Monday as Wall Street nears the finish of a second straight winning month.
08:15 AM	Ark CEO Cathie Wood: We will move from a 'rolling recession' into a recovery	https://www.youtube.com/watch?v=W6PEaFWUIYs	CNBC Television	youtube.com	Ark Invest CEO and CIO Cathie Wood joins 'Squawk Box' to discuss the latest market trends, what to make of the recent rally, state of the economy, the Fed's inflation fight, rate path outlook, Elon Musk's criticism of the GOP tax and spending bill, future of Tesla, and more.
07:59 AM	Dow Futures plunge 70 points amid caution over Trump's $3.3 trillion tax-cut bill	https://invezz.com/news/2025/07/01/dow-futures-plunge-70-points-amid-caution-over-trumps-3-3-trillion-tax-cut-bill/	Invezz	invezz.com	After touching record highs for two consecutive sessions, Dow Futures tumbled on Tuesday amid rising uncertainty over US President Donald Trump's ‘Big Beautiful Bill.' Dow Jones Industrial Average futures dipped by 70 points, or 0.1%, while futures linked to the S&P 500 and Nasdaq-100 each edged down 0.3%.
07:57 AM	5 Stock Picks For June From Wall Street's Most Accurate Analysts	https://www.benzinga.com/analyst-stock-ratings/price-target/25/07/46191533/5-stock-picks-for-june-from-wall-streets-most-accurate-analysts	Benzinga	benzinga.com	U.S. stocks settled higher on Monday, with the S&P 500 hitting another record close.
07:54 AM	Banking giant sets date when S&P 500 will turn bearish	https://finbold.com/banking-giant-sets-date-when-sp-500-will-turn-bearish/	Finbold	finbold.com	With the S&P 500 maintaining a bullish performance and hitting new highs, a banking giant is estimating that momentum is likely to continue in the coming weeks before stalling.