Is Grab Holdings Ltd. (Singapore) (GRAB) stock Halal?
As of the September 2026 screening, Grab Holdings Ltd. (Singapore) (GRAB) does not meet the AAOIFI Shariah Standard No. 21 threshold for the non-permissible income and interest-bearing investments screens, so the stock is not currently classified as Shariah compliant. It is re-screened every month and can regain compliance if its financial structure changes.
Grab Holdings (Singapore) is a multinational technology company specializing in mobile platform services throughout Southeast Asia. Its core offerings include ride-hailing, food delivery, and digital payments, all accessed through an integrated super-app used across countries such as Singapore, Malaysia, Thailand, Vietnam, Cambodia, and the Philippines. The company's technology suite addresses personal and enterprise mobility, logistics, and financial needs, providing solutions ranging from courier services and grocery delivery to digital payments, lending, and insurance. For Muslim investors, though, the most pressing question is simpler: is Grab Holdings Ltd. (Singapore) a Halal investment?
Is Grab Holdings Ltd. (Singapore) Shariah compliant?
Technology companies rarely fail AAOIFI screening on what they sell. Software, hardware and digital services are permissible business activities, so for a company like Grab Holdings Ltd. (Singapore) the Shariah question moves to the balance sheet: how much of its market value sits in interest bearing debt, how much of its cash earns Riba in conventional deposits, and whether incidental income from impermissible sources creeps past 5% of revenue. These are exactly the ratios AAOIFI Shariah Standard No. 21 polices, and they move every month with the share price.
Does Grab Holdings Ltd. (Singapore) pass the business activity test?
The activity screen is only part of the picture this month: Grab Holdings Ltd. (Singapore) currently fails the non-permissible income and interest-bearing investments screens, 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 Grab Holdings Ltd. (Singapore)'s income Halal?
No. Grab Holdings Ltd. (Singapore)'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 Grab Holdings Ltd. (Singapore) meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing investments currently exceed 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



