Is NOW halal?
ServiceNow, Inc.
Halal
ServiceNow, 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
141.97
Day
-4.44%
Market cap
$152.59B
Industry
Software - Application
Sector
Technology
What the company does
ServiceNow is a platform for automating internal enterprise workflows: IT service requests, HR, customer service and AI agents. Its money comes from subscriptions by large companies.
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 $7.52B ÷ 36-month average market cap $164.22B = 4.6%
4.6%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $6.71B ÷ 36-month average market cap $164.22B = 4.1%
4.1%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $451.00M ÷ annual revenue $13.28B (2025) = 3.4%
3.4%
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: $152.59B.
For information (AAOIFI 3/1 note): cash + receivables are 21.7% 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
- 0.23% weight · #78 of 503
- Among halal stocks
- 0.22% · #65 of 1454
- Held by funds
- SPUS 0.40% · SPTE 0.39% · HLAL 0.37%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 5 superinvestors · Average reported price: $99.28
- Polen Capital Management$533.2M4.6%
- Chuck AkreAkre Capital Management$123.7M2.4%
- Vulcan Value Partners$57.1M1.7%
- Chase ColemanTiger Global Management$86.7M0.4%
- Hillman Capital Management$339K0.3%
Halal stocks in the same industry
The largest halal stocks in Software - Application — for comparison.
Related articles
- Halal investingBlogHow to calculate purification for a halal stockEven a halal company earns a little interest. A simple formula and worked example for how much of your dividend to give to charity.
- GuideBlogDividends, zakat and tax: a practical guide for US stock holdersHow much US tax is withheld from dividends, what to declare in Uzbekistan, and how zakat on shares is calculated — with one worked example.
- 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.