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Is Domo (DOMO) stock Halal?
Domo, Inc. (DOMO) is not Shariah compliant in the September 2026 AAOIFI screening: it fails the interest-bearing debt screen. Tabadulat re-screens DOMO monthly, and a stock can return to compliance when new financial reports change its ratios.
Illinois Housing Development Authority Revenue Bonds Series A2 are municipal bonds issued by the Illinois Housing Development Authority. These bonds are designed to fund and refinance affordable housing initiatives within the state of Illinois. Serving as a key tool in state housing policy, these bonds focus on generating capital to support housing projects that assist low to moderate-income families. The revenue bonds are backed by the income generated from these housing projects, providing a stream of payments to bondholders. Before any of that matters to a Muslim investor, one question comes first: is Domo stock Halal?
Is Domo Shariah compliant?
The Shariah case on a technology company like Domo is rarely about the product. What AAOIFI Shariah Standard No. 21 examines is the money around the product: cash parked in instruments that earn Riba, borrowing measured against a market capitalisation that moves daily, and any incidental income from sources Islam prohibits, which must stay below 5% of revenue.
Does Domo pass the business activity test?
The activity screen is only part of the picture this month: Domo currently fails the interest-bearing debt screen, so the overall verdict is not compliant regardless of the business itself. The watch item for technology names is incidental: cash returns and platform content can carry impermissible elements, which AAOIFI tolerates only below the thresholds.
Is Domo's income Halal?
Yes, within AAOIFI's tolerance. Domo's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does Domo meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read Why a Halal Stock Screener Matters for Halal Investing
Frequently asked questions
Is Domo, Inc. DOMO stock Halal to invest in?
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How often is Domo, Inc. DOMO reviewed for Shariah compliance?
Does Domo, Inc. DOMO pass the AAOIFI Non Permissible Income criteria?
Does Domo, Inc. DOMO pass the AAOIFI Interest Bearing Investments criteria?
Does Domo, Inc. DOMO pass the AAOIFI Interest Bearing Debt criteria?
What is the dividend purification factor for Domo, Inc. DOMO stock?
Does Domo, Inc. DOMO pass the AAOIFI Preference Share screen?
