Jefferies Financial Group Inc.

JEF: Is Jefferies Financial Group Inc. Halal?

Jefferies Financial Group Inc.

NYSEFinancial ServicesUS

$52.62

+2.57%

Market Cap: 10.8B

Compliance Status

Not Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Jefferies Financial Group Inc. (JEF) halal? Not Halal. Based on AAOIFI screening, Jefferies Financial Group Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

149.3% of 30.0% limit

What this means for you

Most scholars advise not holding JEF

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Jefferies Financial Group Inc.

Jefferies Financial Group Inc. operates as a diversified global financial services firm, primarily focused on investment banking, capital markets, and asset management. Its extensive operations span the Americas, Europe, the Middle East, Africa, and Asia. The company organizes its activities into distinct segments: Investment Banking and Capital Markets, Asset Management, Merchant Banking, and Corporate. Jefferies delivers a comprehensive suite of investment banking services, offering strategic advisory for mergers and acquisitions, restructurings, recapitalizations, and private capital transactions. This also includes underwriting for both equity and debt issuances, as well as corporate lending. Beyond advisory and underwriting, the firm provides financing, securities lending, and other prime brokerage solutions. It further supports clients with equities research, financing, and wealth management services. In its capital markets segment, Jefferies engages in the sales and trading of a wide array of fixed-income products. This encompasses investment-grade corporate bonds, U.S. and European government and agency securities, municipal bonds, mortgage-backed and asset-backed securities, leveraged and consumer loans, high-yield and distressed debt, and emerging markets debt. The firm also deals in interest rate and credit derivative products, performs foreign exchange trade execution, and offers securitization services. Within asset management, Jefferies is involved in the management, investment, and servicing of diverse alternative asset management platforms, covering numerous investment strategies and asset classes. Founded in 1962 and headquartered in New York, New York, the company was formerly known as Leucadia National Corporation until it officially changed its name to Jefferies Financial Group Inc. in May 2018.

Sector: Financial Services · Industry: Financial - Capital Markets

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Financial Services

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Frequently Asked Questions

Is Jefferies Financial Group Inc. (JEF) halal to invest in?
Jefferies Financial Group Inc. (JEF) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Jefferies Financial Group Inc. get a F compliance rating?
Jefferies Financial Group Inc. (JEF) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 149.3% (limit 30%); interest-bearing deposits of 131.9% (limit 30%); prohibited income of 0.04% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Jefferies Financial Group Inc.'s Shariah verdict?
Jefferies Financial 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 Jefferies Financial Group Inc. re-screened for Shariah compliance?
Jefferies Financial Group Inc. (JEF) 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.