FaithScreener Consensus Score
Our proprietary 10th framework. The first multi-methodology Shariah consensus score in the industry.
The FaithScreener Consensus Score (FCS) is a single 0-100 number that combines all 5 published Shariah methodologies into one confidence rating. Most other tools force you to read 5 separate verdicts. We give you one number plus the underlying breakdown.
Why we built it
When you screen a stock against 5 different Shariah methodologies, you often get 5 different verdicts. AAOIFI says yes, FTSE says no, MSCI is on the fence. That's confusing for end users and useless for asset managers running automated portfolio rebalancing. The FCS turns that ambiguity into a single actionable number.
What it is
A 0-100 score where 100 means every Shariah methodology passes the stock with massive headroom on every ratio, and 0 means every methodology fails on every ratio. The score is computed from four components, each weighted to reflect how informative it is.
Component 1: Methodology Agreement (40 points)
Each of the 5 Shariah methodologies casts a weighted vote. AAOIFI gets 25% (most globally cited), DJIM and S&P Shariah get 20% each (largest ETF backing), FTSE Yasaar and MSCI Islamic get 17.5% each (alternate denominator approach). Maximum 40 points if all 5 pass.
Component 2: Ratio Headroom (35 points)
Passing AAOIFI's debt cap with 5% actual debt is more confidently halal than passing at 29.9%. We compute headroom = (threshold - actual) / threshold for each ratio across each methodology, average it, multiply by 35. Stocks with comfortable margins score much higher than borderline passes.
Component 3: Purification Burden (15 points)
Non-permissible income drags the score down linearly from 0% (15 points) to 5% (0 points). Above 5%, the stock fails the impure income test entirely under every Shariah methodology and gets 0 here.
Component 4: Stability Bonus (10 points)
Has the stock been compliant for the last 4, 8, or 12 quarters? Stocks with consistent compliance history get up to 10 bonus points. Stocks that recently flipped lose this bonus entirely.
Verdict bands
90-100 Highly Compliant. 75-89 Compliant. 60-74 Conditionally Compliant (one methodology dissents). 45-59 Contested (split verdict, scholar review recommended). 25-44 Mostly Non-Compliant. 0-24 Non-Compliant.
Why not machine learning
Shariah compliance is rule-based and deterministic. Every methodology has explicit thresholds published in scholarly literature. Using a black-box ML model would mean we couldn't explain a verdict to a scholar reviewing it, couldn't defend it in audit, and couldn't trust it across edge cases. The FCS is fully deterministic, fully auditable, and explainable line by line. That matters for faith-based investing more than for any other asset class.
How to use it
Use the FCS as your primary signal. If the FCS says 87 and you trust the score, you're done. If the FCS says 51 (Contested), drill into the 5 individual methodology cards to see which scholars disagreed and decide for yourself based on whose ruling you follow.
Who uses it
- Available exclusively on FaithScreener.com
- Free for retail users on the public screener
- Available via API for institutional clients
Sources
- AAOIFI Shariah Standard No. 21
- Dow Jones Islamic Market Indices Methodology
- S&P Shariah Indices Methodology
- FTSE Russell Yasaar Index Methodology
- MSCI Islamic Index Methodology Document
- FaithScreener proprietary weighting and headroom calculation (April 2026)
Type any ticker into the screener and see the FCS verdict alongside the other 8 frameworks.
Open the screener