Is SNAP halal?
Snap Inc.
Halal
Snap 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
6.13
Day
-4.81%
Market cap
$10.46B
Industry
Internet Content & Information
Sector
Communication Services
What the company does
Snap owns the Snapchat app (450M+ daily users). Almost all of its money comes from ads inside the app, with a small share from the Snapchat+ subscription.
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 $3.53B ÷ 36-month average market cap $16.47B = 21.5%
21.5%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $2.66B ÷ 36-month average market cap $16.47B = 16.1%
16.1%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $134.16M ÷ annual revenue $5.93B (2025) = 2.3%
2.3%
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: $10.46B.
For information (AAOIFI 3/1 note): cash + receivables are 52.2% 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
- 0.02% · #417 of 1454
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $4.44
- Mairs & Power Funds$100K0.0%
Manually reviewed — clean
The industry was flagged as sensitive, so the company's filings were checked by hand on 16 July 2026. Conclusion:
Reklama platformasi — taqiq emas
Halal stocks in the same industry
The largest halal stocks in Internet Content & Information — 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.