Is CPNG halal?
Coupang, Inc.
Halal
Coupang, Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 15 October 2026
Exchange
NYSE
Price
14.27
Day
-3.52%
Market cap
$26.52B
Industry
Internet Retail
Sector
Consumer Cyclical
What the company does
Coupang is South Korea's largest online retailer ("Korea's Amazon"): same-day Rocket Delivery through its own warehouses and couriers, food delivery (Eats), video streaming, and the luxury-fashion site Farfetch. Its money comes mostly from selling goods.
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 $2.60B ÷ 36-month average market cap $40.26B = 6.5%
6.5%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $6.11B ÷ 36-month average market cap $40.26B = 15.2%
15.2%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $199.00M ÷ annual revenue $34.53B (2025) = 0.6%
0.6%
Pass
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. Today's market cap: $26.52B.
For information (AAOIFI 3/1 note): cash + receivables are 37.2% 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
- 0.04% · #240 of 1454
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 8 superinvestors · Average reported price: $17.37
- Dennis HongShawSpring Partners$16.0M6.9%
- David AbramsAbrams Capital Management$226.1M4.1%
- Chase ColemanTiger Global Management$633.4M2.6%
- Dodge & Cox Funds$1.3B0.7%
- Henry EllenbogenDurable Capital Partners$67.4M0.7%
- Bill & Melinda Gates Foundation Trust$160.6M0.5%
Manually reviewed — clean
The industry was flagged as sensitive, so the company's filings were checked by hand on 13 August 2026. Conclusion:
Coupang — Koreya e-commerce (Rocket Delivery) + Farfetch. Aralash chakana; Koreyada onlayn alkogol savdosi qonun bilan qattiq cheklangan. Alohida haram yo'nalish topilmadi
Halal stocks in the same industry
The largest halal stocks in Internet Retail — 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.