NYSE (also TSX: SHOP)Technology

Is Shopify Inc. (SHOP) stock halal?

Can't screen yet

Not resolved: income test straddles 5% (2.9%: 5.1%).

Checked Jul 21, 2026.
FY2025 10-K (fiscal year ended December 31, 2025, filed February 11, 2026), Item 1. Core business is commerce platform software and merchant services; however Shopify Capital (merchant loans and cash advances) is a disclosed secondary revenue line, which feeds the impermissible-income test below.Pass
From sec.gov. 0.0%Limit under 30%Pass
From sec.gov. 3.6%Limit under 30%Pass
From sec.gov. 2.9%, 5.1% (straddles the threshold)Limit under 5%Not resolved
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