
Is EverQuote (EVER) stock Halal?
Under AAOIFI Shariah Standard No. 21, a Halal stock keeps non-permissible income below 5% of revenue and interest-bearing debt and investments each below 30% of market capitalisation. EverQuote, Inc. (EVER) does not meet the threshold for the non-permissible income screen as of September 2026, so it is not Shariah compliant.
EverQuote operates as an online insurance marketplace that connects consumers with insurance providers. The primary function of EverQuote is to facilitate an efficient and streamlined process for individuals seeking various types of insurance, including auto, home, and life insurance. Through its technology-driven platform, EverQuote provides users with personalized quotes from a broad network of participating insurers, allowing them to compare options and make informed decisions. For Muslim investors, though, the most pressing question is simpler: is EverQuote a Halal investment?
Is EverQuote Shariah compliant?
Media and platform businesses sit closer to the activity screen than most: advertising, content and app ecosystems can carry impermissible elements, and AAOIFI Shariah Standard No. 21 tolerates them only below 5% of revenue. For EverQuote, that is where the screening attention goes first, before the debt ratios.
Does EverQuote pass the business activity test?
The activity screen is only part of the picture this month: EverQuote currently fails the non-permissible income screen, so the overall verdict is not compliant regardless of the business itself. The watch item is content: advertising and programming can include impermissible material, which AAOIFI treats as incidental only below the 5% revenue ceiling.
Is EverQuote's income Halal?
No. EverQuote's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does EverQuote meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has EVER re-screened every month, and the result above always shows the latest verdict.
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