Is AppFolio, Inc. (APPF) halal? Halal. Based on AAOIFI screening, AppFolio, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 93/100 (Grade: A+).

AppFolio, Inc.

APPF: Is AppFolio, Inc. Halal?

Halal

AppFolio, Inc.

NASDAQTechnologyUS

$157.89

-0.20%

Purify ~0.9% of income

About AppFolio, Inc.

AppFolio, Inc., along with its affiliated companies, specializes in delivering cloud-based business management platforms tailored for the real estate sector. The company's core offerings include AppFolio Property Manager, a robust platform designed to empower property management firms with process automation, an intuitive user interface, and optimized workflows for common tasks. This system enables users to efficiently execute and log vital transactions, while also providing crucial operational data for business management. An advanced version, AppFolio Property Manager Plus, builds upon these capabilities by introducing adaptable workflows for digitalizing existing operations, delivering key performance analytics, intelligent revenue optimization, and seamless integration with chosen partners, all supported by dedicated strategic account managers. Furthermore, AppFolio provides AppFolio Investment Management, a specialized solution for real estate investment organizations, aimed at improving investor relations by boosting transparency and simplifying various administrative and operational procedures. Beyond its main platforms, AppFolio also furnishes a suite of supplementary value-added services. These offerings are specifically crafted to augment, automate, and simplify numerous functions and workflows for property managers, encompassing options like electronic payment processing, tenant background checks, and insurance services. Established in 2006, AppFolio, Inc. maintains its corporate headquarters in Santa Barbara, California.

Sector: Technology 路 Industry: Software - Application

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 2026
A+

Excellent

Exceptionally strong compliance

93Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap1.3% / 30.0%

Compliance History

Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

Tracked since Jun 2026. Updates automatically on each re-screen.

Screened: Jun 17, 2026Fiscal: Q1 2026Source: FMP

Purify Your APPF Dividends

0.9% non-compliant income

APPF has 0.9% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

5.7B

Price

$157.89

Sector

Technology

Industry

Software - Application

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Frequently Asked Questions

Is AppFolio, Inc. (APPF) halal to invest in?
Based on AAOIFI Standard 21 screening, AppFolio, Inc. (APPF) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did AppFolio, Inc. get a A+ compliance rating?
AppFolio, Inc. (APPF) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1.3% (limit 30%); interest-bearing deposits of 1.0% (limit 30%); prohibited income of 0.94% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change AppFolio, Inc.'s Shariah verdict?
AppFolio, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is AppFolio, Inc. re-screened for Shariah compliance?
AppFolio, Inc. (APPF) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 17, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.