Is CGNT halal?
Cognyte Software Ltd.
Halal
Cognyte Software Ltd. 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
8.61
Day
-2.38%
Market cap
$642.5M
Industry
Software - Infrastructure
Sector
Technology
What the company does
Cognyte (Israel) makes investigative-analytics software for government and security agencies (crime and counter-terrorism intelligence). Its money comes from licenses, subscriptions and services (government/security clients are considered by the screener).
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 $35.19M ÷ 36-month average market cap $579.62M = 6.1%
6.1%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $102.17M ÷ 36-month average market cap $579.62M = 17.6%
17.6%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $2.03M ÷ annual revenue $400.04M (2026) = 0.5%
0.5%
Pass
Figures from the company's filings (2026-07-31), 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. Today's market cap: $642.45M.
For information (AAOIFI 3/1 note): cash + receivables are 45.7% of total assets (2026-07-31). 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
- 0.00% · #968 of 1454
- Held by funds
- Not held by any tracked fund
Halal stocks in the same industry
The largest halal stocks in Software - Infrastructure — for comparison.
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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.