Is Shopify Inc halal to invest in?

As of July 2026, Shopify Inc SHOP is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Shopify Inc a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Shopify Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Shopify Inc?

Muslim investors may consider investing in Shopify Inc if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Shopify Inc classified as HALAL?

Musaffa determines the Shariah status of Shopify Inc by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Shopify Inc updated?

The Shariah compliance status of Shopify Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Shopify Inc become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Shopify Inc?

You can check the latest Shariah compliance status of Shopify Inc on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

SHOP Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Shopify Inc is classified as halal.

HALAL

Report Source: 2026 1st Quarter Report

Shopify Inc. Stock Analysis SHOP

United States Information Technology Large Cap Report: Q1, 2026

Shopify, Inc. is a global commerce company that provides essential internet infrastructure for commerce, offering trusted tools to start, scale, market, and run a retail business of any size. The company is headquartered in Ottawa, Ontario and currently employs 7,600 full-time employees. The company went IPO on 2015-05-21. The firm provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. The company provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. The firm's Shopify platform provides merchants with a single view of their business across all of their sales channels and enables them to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing, all from one integrated back office. The Shopify's platform operates across 175 countries.

Key Statistics of Shopify Inc (SHOP)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$119.25$124.29

Today's Open

$121.21

Volume

7.46M

P/E Ratio (TTM)

129.34

52 Week Range

$94.00$182.19

Market Cap

154.71B

Avg. Volume

7.54M

Dividend Yield

Financial Metrics & Statements of Shopify Inc (SHOP)

Super Investors Invested in Shopify Inc (SHOP)

FAQ's for Shopify Inc (SHOP)

As of July 2026, Shopify Inc SHOP is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Shopify Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Shopify Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Shopify Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Shopify Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Shopify Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.