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AAOIFI No. 21 screening

Is BSP halal?

Bending Spoons S.p.A.

Halal

Bending Spoons S.p.A. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.

Checked: 14 October 2026

Exchange

NASDAQ

Price

47.07

Day

-15.60%

Market cap

$32.17B

Industry

Software - Application

Sector

Technology

What the company does

Bending Spoons (Italy, IPO 2026) buys and optimizes digital products: AOL, Evernote, Vimeo, WeTransfer, Eventbrite, Meetup and 50+ apps. Its money comes from subscriptions and advertising (500M monthly users).

What was checked

The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.

  • Business activity

    No prohibited activity

  • Interest-bearing debt / market cap

    limit 30%

    Interest-bearing debt $4.88B ÷ current market cap $32.17B = 15.2%

    15.2%

    Pass

  • Cash & investments / market cap

    limit 30%

    Cash + interest-bearing securities $792.95M ÷ current market cap $32.17B = 2.5%

    2.5%

    Pass

  • Non-compliant income / total revenue

    limit 5%

    —

    No data

Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict.

For information (AAOIFI 3/1 note): cash + receivables are 13.5% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.

In the lists

In the S&P 500
Not in the S&P 500
Among halal stocks
0.05% · #219 of 1454

Halal stocks in the same industry

The largest halal stocks in Software - Application — for comparison.

Related articles

Halal is the first question. The second: when to enter?

Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.

This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.