Is SSTK halal?
Shutterstock, Inc.
Not halal
Shutterstock, Inc. did not pass AAOIFI screening. The failed check is shown below.
Checked: 14 October 2026
Exchange
NYSE
Price
4.44
Day
-3.27%
Market cap
$154.4M
Industry
Internet Content & Information
Sector
Communication Services
What the company does
Shutterstock is a marketplace for stock photos, video, music and illustrations that companies and designers buy by subscription or license. Licensing its library as AI training data is now a major revenue line too.
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 $273.27M ÷ 36-month average market cap $990.21M = 27.6%
27.6%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $133.21M ÷ 36-month average market cap $990.21M = 13.4%
13.4%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $24.56M ÷ annual revenue $989.92M (2025) = 2.5%
2.5%
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: $154.44M.
For information (AAOIFI 3/1 note): cash + receivables are 21.6% 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
- Held by funds
- Not held by any tracked fund
Manually reviewed — clean
The industry was flagged as sensitive, so the company's filings were checked by hand on 13 August 2026. Conclusion:
Stok tasvir/video/musiqa litsenziyasi + AI o'quv ma'lumoti litsenziyasi. Getty bilan qo'shilish 2026 da BEKOR qilindi (Britaniya regulyatori talabi sabab). Taqiqlangan faoliyat topilmadi
Halal stocks in the same industry
The largest halal stocks in Internet Content & Information — for comparison.
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- Halal investingBlogWhy a company's cash affects whether its stock is halalLots of cash sounds like a good sign — but halal screening checks it separately. What counts, what doesn't, and where we are stricter than AAOIFI.
- Halal investingBlogAAOIFI Shariah Standard No. 21 in plain languageThe most widely used standard for halal stock screening: the two-step test, the three ratios and how it differs from other methods.
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.