Intercontinental Exchange, Inc.

ICE: Is Intercontinental Exchange, Inc. Halal?

Intercontinental Exchange, Inc.

NYSEFinancial ServicesUS

$139.65

-1.49%

Market Cap: 79.0B

Compliance Status

Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

B+

Good

74Score

Is Intercontinental Exchange, Inc. (ICE) halal? Halal. Based on AAOIFI screening, Intercontinental Exchange, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 74/100 (Grade: B+).

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%.

23.6% of 30.0% limit

What this means for you

You can own ICE

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 1.1% of your income from ICE

That is about $1.10 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Intercontinental Exchange, Inc.

Intercontinental Exchange, Inc. (ICE) manages a global network of regulated financial venues, encompassing exchanges, clearing houses, and listing platforms. These operations serve diverse markets, including commodities, financial instruments, fixed income products, and equities, with a geographical footprint spanning key financial centers such as the United States, United Kingdom, European Union, Singapore, Israel, and Canada. The company's business is segmented into three core areas: Exchanges, Fixed Income and Data Services, and Mortgage Technology. Within its Exchanges segment, ICE oversees a robust network comprising 13 regulated exchanges and 6 clearing houses. These extensive marketplaces enable the listing, trading, and clearing of a wide spectrum of derivatives contracts and financial securities. This includes futures and options across diverse sectors such as energy, agriculture, metals, financials, and equities, in addition to providing critical listing, market data, and connectivity solutions. The Fixed Income and Data Services division provides comprehensive analytics and execution services for fixed income products, manages Credit Default Swap (CDS) clearing, and offers multi-asset class data and network solutions. Furthermore, its Mortgage Technology segment delivers an advanced, proprietary platform designed for residential mortgage origination. This division also provides closing solutions that streamline connections across the mortgage supply chain and facilitate secure information exchange, alongside data analytics and "Data as a Service" offerings for lenders to access vital origination insights. Intercontinental Exchange, Inc. was established in 2000 and maintains its headquarters in Atlanta, Georgia.

Sector: Financial Services · Industry: Financial - Data & Stock Exchanges

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 2026

Compliance History

  1. Halalnow

    since Jul 2026

  2. Doubtful

    until the change above

  3. Halal

    until the change above

  4. Doubtful

    until the change above

  5. Halal

    until the change above

  6. Not Halal

    until the change above

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

Fiscal: Q1 2026Data source: EDGAR
Free · No credit card required

Track ICE and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Intercontinental Exchange, Inc. (ICE) halal to invest in?
Based on AAOIFI Standard 21 screening, Intercontinental Exchange, Inc. (ICE) is rated Halal with a compliance grade of B+ (Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Intercontinental Exchange, Inc. get a B+ compliance rating?
Intercontinental Exchange, Inc. (ICE) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 23.6% (limit 30%); interest-bearing deposits of 1.0% (limit 30%); prohibited income of 1.08% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Intercontinental Exchange, Inc.'s Shariah verdict?
Intercontinental Exchange, 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 Intercontinental Exchange, Inc. re-screened for Shariah compliance?
Intercontinental Exchange, Inc. (ICE) 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: Jul 19, 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.