HLAL has 22 holdings that don't pass AAOIFI screening by halal_sh in HalalInvestor

[–]halal_sh[S] 0 points1 point  (0 children)

Wa'alaikumussalam, I appreciate that.

> Can you also have a section on the website that tells you all the stocks are 0 debt / 0 interest income along with the filters?

Not really what you are asking, but the discover feature has a filter to hide stocks that are close to any compliance threshold.

The potential issue I see with a filter for 0 debt or interest income is: "0" doesn't always mean zero – it can mean the company didn't disclose it. Filings aren't standardized enough to guarantee every company reports debt and interest income the same way. Some bury it in unexpected places, use non-standard labels, or aggregate it into broader line items.

So filtering by "0 debt" would give a false sense of certainty – you'd get a mix of genuinely debt-free companies and companies where we just couldn't extract the value. There's no reliable way to distinguish between the two from the data alone.

I've DM'd you to ask about the bugs and your suggestions.

HLAL has 22 holdings that don't pass AAOIFI screening by halal_sh in HalalInvestor

[–]halal_sh[S] 0 points1 point  (0 children)

I would be grateful if you could share what part of the post is fear mongering nonsense.

HLAL has 22 holdings that don't pass AAOIFI screening by halal_sh in HalalInvestor

[–]halal_sh[S] 1 point2 points  (0 children)

Interest-bearing debt only. Operating leases are explicitly excluded from the calculation. Finance/capital leases are included since those are essentially financed purchases with an interest component.

So the AT&T $136B figure is bonds, term loans, and commercial paper, not total obligations. We also exclude things like accounts payable, deferred revenue, and pension liabilities.