What is Mizuho Financial Group, Inc.'s Shariah compliance score?

Mizuho Financial Group, Inc.'s (MFG) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Mizuho Financial Group, Inc. pass AAOIFI screening?

Mizuho Financial Group, Inc. (MFG) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (MFG: 330.3%), (3) interest-bearing deposits below 30% (MFG: 459.8%), and (4) prohibited income below 5% (MFG: 65.4%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Mizuho Financial Group, Inc. stock?

Mizuho Financial Group, Inc. (MFG) has a non-permissible income ratio of 65.38%. Muslim investors should purify this percentage of any dividends received and capital gains realized from MFG shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Mizuho Financial Group, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Mizuho Financial Group, Inc. (MFG) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about MFG's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

MFG: Is Mizuho Financial Group, Inc. Halal?

Mizuho Financial Group, Inc.

NYSEFinancial ServicesJP

$9.87

-4.36%

Market Cap: 120.2B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Mizuho Financial Group, Inc. (MFG) halal? Not Halal. Based on AAOIFI screening, Mizuho Financial Group, Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

Involved in prohibited business activities.

Failed

Company debt

Over the limit

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

330.3% of 30.0% limit

What this means for you

Most scholars advise not holding MFG

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Mizuho Financial Group, Inc.

Mizuho Financial Group, Inc., established in 2003 with its headquarters in Tokyo, Japan, operates as a global financial services conglomerate. Through its various subsidiaries, the company delivers a broad spectrum of financial offerings, encompassing banking, trust, and securities activities across Japan, the Americas, Europe, and the Asia/Oceania region. The group's operations are segmented into five primary divisions: Retail & Business Banking Company, Corporate & Institutional Company, Global Corporate Company, Global Markets Company, and Asset Management Company. Mizuho offers a comprehensive suite of banking products, including deposit accounts and various loan types such as syndicated, housing, and credit card facilities. It also provides strategic business services like matching companies for collaboration, advising on international expansion, and facilitating mergers and acquisitions. Additional consulting services cover wealth management and estate planning, payroll administration, and the sale of public lottery tickets. For its corporate clients, Mizuho crafts sophisticated financial solutions, including bond issuance, M&A advisory, and risk mitigation tools, all designed to support their fund-raising, investment management, and overall financial strategies. The company further assists corporations with capital and business strategy, real estate agency services, and offers specialized advisory for financial institutions regarding investment products, funding support, and the underwriting of public bonds. In the realm of capital markets, Mizuho provides extensive sales and trading capabilities, diverse investment opportunities for individual investors, and expert consulting services for institutional clients. Beyond these, the company's robust service portfolio includes trust administration, securitization and structured finance, pension management, and stock transfer services. It also delivers dedicated securities services, in-depth research, private banking solutions, and comprehensive information technology support.

Sector: Financial Services · Industry: Banks - Regional

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Prohibited industry: Banks - Regional
Prohibited activity detected: lottery

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: FY 2026Data source: FMP-ADR

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

GLDA+

SPDR Gold Shares

$368.41

+0.17%

SLVA+

iShares Silver Trust

$50.78

+0.47%

PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

ABA+

AllianceBernstein Holding L.P.

$36.03

-1.13%

More Financial Services Stocks

JPM

JPMorgan Chase & Co.

Visa Inc.

Mastercard Incorporated

A+

PYPL

PayPal Holdings, Inc.

C+

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

Track MFG 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.

Get Started Free Browse Screener

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Mizuho Financial Group, Inc. (MFG) halal to invest in?

Mizuho Financial Group, Inc. (MFG) 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 Mizuho Financial Group, Inc. get a F compliance rating?

Mizuho Financial Group, Inc. (MFG) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 330.3% (limit 30%); interest-bearing deposits of 459.8% (limit 30%); prohibited income of 65.38% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Mizuho Financial Group, Inc.'s Shariah verdict?

Mizuho 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 Mizuho Financial Group, Inc. re-screened for Shariah compliance?

Mizuho Financial Group, Inc. (MFG) 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 18, 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.