
Is Thryv (THRY) stock Halal?
September 2026 AAOIFI screening result for Thryv Holdings, Inc. (THRY): non-permissible income, pass. Interest-bearing investments, pass. Interest-bearing debt, fail. Preference shares, pass. Thryv Holdings, Inc. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Thryv is a technology company renowned for providing small and medium-sized businesses (SMBs) with digital tools to effectively manage customer interactions and drive business growth. Primarily, the company offers the Thryv platform, an end-to-end customer experience solution designed to streamline essential functions such as scheduling, customer communication, payments, and client outreach. This platform empowers SMBs to compete more efficiently in a digital-first marketplace by simplifying operations and enhancing customer engagement. Before any of that matters to a Muslim investor, one question comes first: is Thryv stock Halal?
Is Thryv Shariah compliant?
The Shariah case on a technology company like Thryv 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 Thryv pass the business activity test?
The activity screen is only part of the picture this month: Thryv 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 Thryv's income Halal?
Yes, within AAOIFI's tolerance. Thryv's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does Thryv 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.
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