Compliance Status
Doubtful
Screened on Oct 7, 2026 · AAOIFI Standard 21
Fair
Is Siebert Financial Corp. (SIEB) halal? Doubtful. Based on AAOIFI screening, Siebert Financial Corp. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 58/100 (Grade: C+).
Quote this verdict
HalalScreener rates Siebert Financial Corp. (SIEB) Doubtful, 58/100, grade C+ under AAOIFI Standard 21, screened Oct 7, 2026. Source: https://halalscreener.app/en/stock/SIEB
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
What this means for you
You may own SIEB, 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 SIEB's prohibited income, but the exact share you would need to purify is part of Pro.

SIEB: Is Siebert Financial Corp. Halal?
Siebert Financial Corp.
$2.26
Market Cap: 92.5M
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About Siebert Financial Corp.
Siebert Financial Corp., operating through its various subsidiaries, functions as a financial services firm that specializes in providing retail discount brokerage and investment advisory services to clients across the United States and internationally. The company's extensive array of offerings includes platforms for self-directed trading, comprehensive wealth management solutions, and personalized financial guidance. It also facilitates investments in fixed income securities, offers market making capabilities, provides share borrowing and lending services, and administers equity compensation plans. Furthermore, Siebert supports independent retail trade execution and delivers dedicated customer support. Clients have access to self-directed retirement accounts and can secure loans backed by a percentage of their eligible securities holdings. Complementing its core services, the company utilizes a robust data technology platform. This infrastructure delivers a suite of essential tools, such as secure email and messaging, access to market data systems, integration with third-party trading platforms, business productivity applications, and advanced customer relationship management (CRM) systems. Siebert also offers a Robo-Advisor platform, which provides an automated solution for wealth management. Beyond investments, Siebert extends its services to include a diverse portfolio of insurance products. These offerings encompass fixed annuities, personal insurance, property and casualty insurance, natural disaster coverage, and life and disability policies. Maintaining a physical presence through 12 branch offices throughout the United States, Siebert Financial Corp. was established in 1934 and is headquartered in New York, New York.
Sector: Financial Services · Industry: Financial - Capital Markets
Why This Stock Is Doubtful
- Income from prohibited sources is close to the 5% 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
See which ratio caused the failure.
See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.
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The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
Compliance History
Doubtfulnow
since Sep 2026
Not Halal
until the change above
Tracked since Aug 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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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.