Is Instacart (Maplebear Inc.) (CART) halal? Halal. Based on AAOIFI screening, Instacart (Maplebear Inc.) passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 79/100 (Grade: B+).

Instacart (Maplebear Inc.)

CART: Is Instacart (Maplebear Inc.) Halal?

Halal

Instacart (Maplebear Inc.)

NASDAQConsumer CyclicalUS

$40.74

-3.46%

Purify ~1.6% of income

About Instacart (Maplebear Inc.)

Maplebear Inc., doing business as Instacart, provides online grocery shopping services to households in North America. The company connects the consumer with a personal shopper to shop and deliver a range of products, such as food, alcohol, consumer health, pet care, ready-made meals, and others. The company offers its services through a mobile application or website. The company was incorporated in 2012 and is based in San Francisco, California.

Sector: Consumer Cyclical 路 Industry: Specialty Retail

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 2026
B+

Good

Good compliance with minor concerns

79Score

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 Cap0.3% / 30.0%

Compliance History

  1. Halalnow

    since Jun 2026

  2. Not Halal

    until the change above

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

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

Purify Your CART Dividends

1.6% non-compliant income

CART has 1.6% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

9.6B

Price

$40.74

Sector

Consumer Cyclical

Industry

Specialty Retail

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Frequently Asked Questions

Is Instacart (Maplebear Inc.) (CART) halal to invest in?
Based on AAOIFI Standard 21 screening, Instacart (Maplebear Inc.) (CART) is rated Halal with a compliance grade of B+ (Good). 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 Instacart (Maplebear Inc.) get a B+ compliance rating?
Instacart (Maplebear Inc.) (CART) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.3% (limit 30%); interest-bearing deposits of 15.5% (limit 30%); prohibited income of 1.59% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Instacart (Maplebear Inc.)'s Shariah verdict?
Instacart (Maplebear 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 Instacart (Maplebear Inc.) re-screened for Shariah compliance?
Instacart (Maplebear Inc.) (CART) 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.