Is Purple Innovation, Inc. PRPL stock halal to invest in?

No, as of February 2026, Purple Innovation, Inc. stock (PRPL) is currently categorized as NOT Shariah Compliant. The company's status is determined by a rigorous financial screening process, which uses the criteria set by the AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) as the primary global standard for Islamic investing. Purple Innovation, Inc. has been assessed to have exceeded the permissible financial thresholds—specifically in areas like interest-bearing debt or non-permissible income (such as income from interest)—and, therefore, does not qualify as a halal investment under the current review. For investors seeking Shariah compliant global stocks, it is essential to check the latest compliance status, as these screenings are updated regularly (e.g., monthly) or upon the release of new financial reports. You can find the most current status for Purple Innovation, Inc. and alternative halal stock options within the Tabadulat app.

How often is Purple Innovation, Inc. PRPL reviewed for Shariah compliance?

At Tabadulat, we receive Shariah compliance data on Purple Innovation, Inc. PRPL monthly. We apply the rigorous AAOIFI screening methodology under the direct supervision of our dedicated Shariah Supervisory Board to ensure your investments are consistently compliant.

Does Purple Innovation, Inc. PRPL pass the AAOIFI Non Permissible Income criteria?

Yes, as of February 2026, Purple Innovation, Inc. stock (PRPL) passes the AAOIFI Non Permissible Income criterion. The company's income from non-permissible sources, such as interest, is below the acceptable threshold set by AAOIFI.

Does Purple Innovation, Inc. PRPL pass the AAOIFI Interest Bearing Investments criteria?

No, as of February 2026, Purple Innovation, Inc. stock (PRPL) does not pass the AAOIFI Interest Bearing Investments criterion. The company's interest-bearing investments have exceeded the permissible threshold set by AAOIFI, indicating the stock is currently not Shariah compliant for this screen.

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

No, as of February 2026, Purple Innovation, Inc. stock (PRPL) does not pass the AAOIFI Interest Bearing Debt criterion. The company's interest-bearing debt has exceeded the permissible threshold set by AAOIFI, indicating the stock is currently not Shariah compliant for this screen.

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Purple Innovation, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

PRPL

About

Purple Innovation, Inc.

PRPL

Purple Innovation Inc. is a leading company specializing in the design and manufacture of innovative comfort technology products, including mattresses, pillows, and cushions. The primary function of the company is to merge advanced engineering with consumer comfort needs, creating products that aim to improve sleep and seating experiences. Notable for its proprietary Hyper-Elastic Polymer technology, Purple Innovation's products stand out in the competitive sleep and comfort sector due to their unique grid structure, which provides personalized support and pressure relief. With a focus on leveraging technology to enhance quality of life, Purple Innovation serves a diverse customer base across the residential and commercial sectors. In the financial market, Purple Innovation plays a significant role within the sleep and home furnishing industry, reflecting trends in consumer health and wellness spending. Headquartered in Lehi, Utah, Purple Innovation continues to expand its presence through direct-to-consumer online sales channels and retail partnerships, contributing to its strategic growth and market footprint.

Sector:

Consumer Cyclical

Industry:

Furnishings, Fixtures & Appliances

Employees:

1200

Website:

https://investors.purple.com

PRPL

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Purple Innovation, Inc.

About

Purple Innovation, Inc.

PRPL

Frequently asked questions

Is Purple Innovation, Inc. PRPL stock halal to invest in?

How often is Purple Innovation, Inc. PRPL reviewed for Shariah compliance?

Does Purple Innovation, Inc. PRPL pass the AAOIFI Non Permissible Income criteria?

Does Purple Innovation, Inc. PRPL pass the AAOIFI Interest Bearing Investments criteria?

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

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