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AAOIFI No. 21 screening

Is INTU halal?

Intuit Inc.

Halal

Intuit 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

NASDAQ

Price

330.17

Day

+6.36%

Market cap

$88.10B

Industry

Software - Application

Sector

Technology

What the company does

Intuit makes financial software: TurboTax (tax filing), QuickBooks (small-business accounting), Credit Karma and Mailchimp. Its money comes from subscriptions and tax-season fees.

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 $7.67B ÷ 36-month average market cap $160.09B = 4.8%

    4.8%

    Pass

  • Cash & investments / market cap

    limit 30%

    Cash + interest-bearing securities $7.20B ÷ 36-month average market cap $160.09B = 4.5%

    4.5%

    Pass

  • Non-compliant income / total revenue

    limit 5%

    Interest income $180.00M ÷ annual revenue $21.45B (2026) = 0.8%

    0.8%

    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: $88.10B.

For information (AAOIFI 3/1 note): cash + receivables are 39.3% 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

Among halal stocks
0.13% · #104 of 1454

Superinvestors

SEC 13F, 2026 Q3. Up to 45 days delayed.

Held by 7 superinvestors · Average reported price: $261.00

Exited this quarter: David Katz, Dennis Hong, Lee Ainslie, Polen Capital Management, Richard Pzena

All superinvestor portfolios

Halal stocks in the same industry

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

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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.

Earnings historyINTU's next report date, EPS estimate vs actual for recent quarters and the post-earnings price move.View earnings →