Is NCNO halal?
nCino, Inc.
Halal
nCino, 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
20.51
Day
-2.89%
Market cap
$2.20B
Industry
Software - Application
Sector
Technology
What the company does
nCino makes cloud lending, onboarding and mortgage software for banks and credit unions. Its money comes from subscriptions; it lends nothing itself (its customers are banks — 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 $325.93M ÷ 36-month average market cap $3.11B = 10.5%
10.5%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $83.29M ÷ 36-month average market cap $3.11B = 2.7%
2.7%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $1.43M ÷ annual revenue $594.78M (2026) = 0.2%
0.2%
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: $2.20B.
For information (AAOIFI 3/1 note): cash + receivables are 13.1% 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% · #751 of 1454
- Held by funds
- Not held by any tracked fund
Halal stocks in the same industry
The largest halal stocks in Software - Application — for comparison.
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- Halal investingBlogWhy does a stock's halal status change?A stock that was halal yesterday can leave the list today. The four main reasons — and why none of them is a bug.
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.