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Amazon.com Inc.

ISIN: US0231351067 · Ticker: AMZN · NASDAQ · Technology · United States

Operational Israeli exposure Operational exposure

2.5% via direct operations in Israel — AWS Tel Aviv region, R&D centres, and the Project Nimbus government cloud contract, above our 0% threshold

5 sources · 14 evidence points · 89% confidence · updated 2026-05-25

Screening Summary 9 of 9 screens assessed
Flagged (1) Fails at any revenue exposure above 0%
Israeli-linked exposure2.5%
Passed (8) Business Activity, Financial Ratios, Weapons, Gambling, Alcohol, Tobacco, Adult Entertainment, Conventional Finance
Business ActivityPass
Financial RatiosPass
Weapons0.0%
Gambling0.0%
Alcohol0.0%
Tobacco0.0%
Adult Entertainment0.0%
Conventional Finance0.0%

Sharia Assessment

Pass
Business Activity
Pass
Financial Ratios

Methodology: AAOIFI-aligned screening

Core revenue from e-commerce, cloud (AWS), advertising — permissible business activities.

✓ Amazon passes AAOIFI financial ratio screening (debt/market cap: ~6.5%, interest income/revenue: ~1.1%)✓ Amazon operates an AWS cloud region in Tel Aviv, Israel (source: AWS announcement, 2023)✓ Amazon operates R&D centres and corporate offices in Israel (source: 10-K filing, 2025)✓ Amazon holds a joint $1.2bn cloud computing contract (Project Nimbus) with the Israeli government and military (source: Reuters, procurement records, 2021)✓ Internal employee protests documented regarding Project Nimbus (source: The Guardian, 2021)
⚖️
Disclaimer Grow Halal provides Shariah compliance screening tools for informational purposes. We do not issue fatwas or religious rulings. Consult a qualified Shariah advisor to confirm compliance for your personal circumstances.

Sources (5)

Corporate Announcement2023-08-0190%View →
Procurement Record2021-05-0185%
News Report2021-10-1265%
Annual Report2025-02-0195%View →
Annual Report2025-02-0195%View →

Monitoring

Active
2026-05-25
Last Reviewed
2026-08-25
Next Review
Monthly
Review Cycle

Research Timeline

Research reviewed2026-09-22
Added to coverage2026-06-28

Research Timeline

2026-09-22
Research reviewed
2026-06-28
Added to coverage

Evidence Sources

Corporate Announcement2023-08-0190%View →
Procurement Record2021-05-0185%
News Report2021-10-1265%
Annual Report2025-02-0195%View →
Annual Report2025-02-0195%View →

Confidence Breakdown

Evidence Volume
14 points
Source Diversity
5 sources
Data Freshness
Updated 2026-05-25
Screening Completeness
100% complete

Why This Assessment Could Change

△Material change in business activities or revenue composition
△Significant acquisition or new market entry
△Change in financial ratios (debt, cash, interest income)
△New evidence of involvement in excluded sectors
△Annual report or regulatory filing updates

Related Guides

How We Assessed This

1Searched open-source records and the UN and AFSC lists for Israeli-linked activity
2Reviewed business activity and financial ratios against AAOIFI thresholds
3Recorded 5 supporting sources for the findings above
Read the full Research Standard →

Frequently Asked Questions

Is Amazon.com Inc. halal to invest in?

Our current assessment is "Not Suitable". This is based on business activity screening, financial ratio analysis, and ethical investigation. Individual scholars may differ — always consult your own adviser.

How often is this research updated?

We review all published research on a monthly cycle. Evidence is refreshed when annual reports, earnings, or material changes are identified.

What does the Research Score mean?

The Research Score reflects our confidence in the quality and completeness of our investigation — not a recommendation. Higher scores mean more evidence reviewed, more sources cross-validated, and more recent data.

Can I request updated research?

Yes. If you believe this assessment is outdated or have new evidence, you can request a review by emailing hello@growhalal.co.uk. We review all requests.

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✓ Grow Halal Research Standard v2.0

This investigation follows the Grow Halal Research Standard — an evidence-based methodology prioritising transparency, source diversity, and continuous monitoring. Read our methodology →