Mizan checks US stocks against the four Sharia screening standards investors actually use, shows where they agree and where they split, and explains why a stock changed status.
AAOIFI, Dow Jones Islamic, S&P Shariah and MSCI, each applied to its own rulebook rather than one blended score.
A point-in-time compliance record for S&P 500 companies going back to 2010, built from company filings and market prices.
When a stock flips, Mizan shows whether the business changed or the share price simply moved.
of AAOIFI compliance flips in our US panel came from the share price moving alone, not from any change in the company's debt, which is why a single yes or no can mislead. Measured across 23,184 firm-quarters covering 424 US companies, 2010 to 2026. From Price-Driven Churn in Islamic Equity Screening (SSRN).
Mizan is built on published research by Sandeep Singh Rai: Price-Driven Churn in Islamic Equity Screening and Disposal Windows and Deferred Forced Selling, with a commissioned article in Islamic Finance News, October 2026.
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