Is Toast, Inc. TOST stock halal to invest in?

No, as of August 2026, Toast, Inc. stock (TOST) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. Toast, Inc. currently does not meet the threshold for the non-permissible income screen. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of Toast, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Toast, Inc. TOST reviewed for Shariah compliance?

Tabadulat reviews Toast, Inc. TOST for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Toast, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Toast, Inc. TOST pass the AAOIFI Non Permissible Income criteria?

No, as of August 2026, Toast, Inc. stock (TOST) does not pass the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. Toast, Inc.'s income from non-permissible sources currently exceeds this 5% ceiling, which makes the stock non-compliant on this criterion regardless of how it performs on the other screens. The screen is reassessed monthly, so the status can change when the company releases new financial statements.

Does Toast, Inc. TOST pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Toast, Inc. stock (TOST) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). Toast, Inc.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Toast, Inc. TOST pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Toast, Inc. stock (TOST) passes the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. This cap limits shareholders' exposure to interest-based leverage. Toast, Inc.'s interest-bearing debt is currently within the 30% threshold. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for Toast, Inc. TOST stock?

Toast, Inc. (TOST) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If Toast, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Toast, Inc. TOST pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Toast, Inc. stock (TOST) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Toast, Inc. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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العربية

Toast, Inc.

NYSE

Shariah-Compliant

Not Shariah

TOST

About

Toast, Inc.

TOST

Toast Inc. operates as a cloud-based software company providing management solutions specifically tailored for the restaurant industry. The company's primary function is to streamline restaurant operations through its all-in-one platform, which integrates a broad range of functionalities including point of sale (POS) systems, payment processing, inventory management, and employee performance tracking. This comprehensive platform is central to Toast's value proposition, allowing restaurant owners to enhance service efficiency, improve customer experience, and optimize operational workflows. Toast Inc. significantly impacts sectors such as hospitality and food services by catering to establishments of various types and sizes, from single-location diners to multi-location chains. The platform not only supports day-to-day operations but also offers analytics and reporting tools, empowering restaurant leaders with insightful data to drive business decisions. In the financial market, Toast Inc. represents a critical player in the restaurant industry’s digital transformation, underscoring the growing demand for tech-enabled business solutions in food service. Headquartered in Boston, Massachusetts, it underscores the convergence of technology and hospitality, illustrating the modern evolution of industry-specific IT solutions.

Sector:

Technology

Industry:

Software - Infrastructure

Employees:

5700

Website:

https://www.pos.toasttab.com

TOST

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Toast, Inc.

About

Toast, Inc.

TOST

Frequently asked questions

Is Toast, Inc. TOST stock halal to invest in?

How often is Toast, Inc. TOST reviewed for Shariah compliance?

Does Toast, Inc. TOST pass the AAOIFI Non Permissible Income criteria?

Does Toast, Inc. TOST pass the AAOIFI Interest Bearing Investments criteria?

Does Toast, Inc. TOST pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Toast, Inc. TOST stock?

Does Toast, Inc. TOST pass the AAOIFI Preference Share screen?

Can I buy Toast (TOST) stock on Tabadulat?

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