BGC Group, Inc

BGC: Is BGC Group, Inc Halal?

BGC Group, Inc

NASDAQFinancial ServicesUS

$10.35

-1.52%

Market Cap: 4.9B

Compliance Status

Doubtful

Screened on Aug 31, 2026 · AAOIFI Standard 21

C+

Fair

50Score

Is BGC Group, Inc (BGC) halal? Doubtful. Based on AAOIFI screening, BGC Group, Inc passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 50/100 (Grade: C+).

Quote this verdict

HalalScreener rates BGC Group, Inc (BGC) Doubtful, 50/100, grade C+ under AAOIFI Standard 21, screened Aug 31, 2026. Source: https://halalscreener.app/en/stock/BGC

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

27.0% of 30.0% limit

What this means for you

You may own BGC, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purification amount is Pro

We have screened BGC's prohibited income, but the exact share you would need to purify is part of Pro.

About BGC Group, Inc

BGC Group, Inc. is a global financial services enterprise that specializes in both brokerage and advanced technology solutions, operating across the United States and internationally. The company facilitates transactions for an extensive array of financial products, including various fixed-income instruments like government and corporate bonds, other debt instruments, and their corresponding interest rate and credit derivatives. Their offerings also span equities, energy commodities, shipping, insurance products, and a range of futures and options. Beyond traditional brokerage, BGC provides a comprehensive suite of services, encompassing trade execution, robust connectivity, clearing operations, trade compression, and other crucial post-trade functions. They also deliver vital market information and essential back-office support to a diverse clientele. Technologically, BGC develops and deploys advanced electronic and hybrid brokerage systems, alongside other bespoke financial technology solutions. This includes offering valuable market data, related information services, and sophisticated analytics pertaining to financial instruments and market trends. Their integrated platform is engineered to offer clients significant flexibility in price discovery, trade execution, and transaction processing. Customers can choose from voice-assisted, hybrid, or fully electronic brokerage services for transactions conducted either over-the-counter (OTC) or via established exchanges. The firm primarily caters to a broad spectrum of institutional clients, including leading banks, broker-dealers, investment banks, trading entities, hedge funds, and other investment firms, in addition to governmental bodies and major corporations. BGC Group, Inc. was established in 1945 and maintains its corporate headquarters in New York, New York.

Sector: Financial Services · Industry: Financial - Capital Markets

Why This Stock Is Doubtful

  • Debt is 27.0% of market cap, only 3.0 points below the 30% AAOIFI limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 31, 2026

Compliance History

  1. Doubtfulnow

    since Aug 2026

  2. Not Halal

    until the change above

  3. Doubtful

    until the change above

  4. Not Halal

    until the change above

  5. Doubtful

    until the change above

  6. Not Halal

    until the change above

Tracked since Jun 2026. Updates automatically on each re-screen.

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is BGC Group, Inc (BGC) halal to invest in?
BGC Group, Inc (BGC) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did BGC Group, Inc get a C+ compliance rating?
BGC Group, Inc (BGC) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 27.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change BGC Group, Inc's Shariah verdict?
BGC Group, Inc's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is BGC Group, Inc re-screened for Shariah compliance?
BGC Group, Inc (BGC) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Aug 31, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.