Is Shopify Inc stock halal?

As of 2026-08-06, Shopify Inc (SHOP) passes AAOIFI-style screening under AAOIFI-style rules: a business-activity screen plus four financial ratio thresholds (debt/market cap < 33%, cash+interest-bearing securities/market cap < 33%, receivables/assets < 49%, interest income/revenue < 5%). Compliance can change with each filing and price move — check the live status in the Penny app before acting.

← All screened stocks

Is Shopify Inc (SHOP) stock halal?

AAOIFI-style screening · Updated 2026-08-06

Halal

Shopify Inc passes AAOIFI-style screening as of 2026-08-06. Screening grade: 5/5 — passes with wide margins.

The rule-by-rule breakdown

Rule	Result	Value
Business activity	Pass	Industry "Technology" is acceptable
Debt to market cap < 33%	Pass	n/a
Cash + interest-bearing securities to market cap < 33%	Pass	3.1%
Accounts receivable to total assets < 49%	Pass	2.1%
Interest income to total revenue < 5%	Pass	Interest income is not separately reported in our data source; the business-activity screen covers interest-driven businesses.

Industry: Technology. Full rules, thresholds, and limitations: our screening methodology.

Compliance changes — screenshots don't

This snapshot is from 2026-08-06. The Penny app screens SHOP live, tracks your whole portfolio's halal suitability, and calculates zakat and purification — free rule-by-rule verdicts included.

Check SHOP live in Penny

Related screenings

Educational screening based on public annual filings and market data as of 2026-08-06 — not a fatwa, not investment advice. Positions differ among scholars; verify with yours before acting.