Are there halal stocks that are completely debt-free?

💰 Everyday Islamic Finance Savings & Investing
#1

I am looking for stocks that are completely debt-free. I know there is a debate among scholars in whether the stocks that have debt in certain amount are halal or not and I just like to stay in the safe side.

I came across stocks like ALGN that are debt-free.
Any ideas?

Thanks and JAK

#2

Salam,

Here you can find out more about debt-free companies.

IFG - Halal Investment: A list of all the debt-free UK & US Stocks

A collection with companies is also provided. However, the collection is also outdated. Alternatively, only a stock screener helps, where you filter for 0% debt.

#3

Thanks, Rezk,
I much appreciate your response and JAK. I am actually aware of that list and I know that some companies can have a zero debt and they start taking down the road. That is why I like to look for companies with zero debt and explore their history in the past.

Could you please provide me with the link of the stock screener?

#4

CHKP ISRG AXON are all debt free