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

Climb Global Solutions, Inc.

CLMB: Is Climb Global Solutions, Inc. Halal?

Halal

Climb Global Solutions, Inc.

NASDAQTechnologyUS

$22.72

-1.56%

About Climb Global Solutions, Inc.

Climb Global Solutions Inc. operates as a comprehensive, value-added information technology (IT) distribution and solutions provider with a global footprint, serving clients across the United States, Canada, Europe, and the United Kingdom, as well as other international markets. The company's operations are divided into two main divisions: Distribution and Solutions. Within its Distribution segment, Climb supplies technical software and hardware to a wide range of partners, including corporate resellers, value-added resellers (VARs), consultants, and systems integrators, primarily under its "Climb Channel Solutions" and "Sigma Software Distribution" brands. Its "TechXtend" and "Grey Matter" divisions focus on distributing software, hardware, and associated services. Beyond its distribution channels, Climb Global Solutions also functions as a reseller of computer software and hardware developed by third parties, and it delivers technical services directly to end-user customers. Its extensive product catalog encompasses offerings from numerous software vendors, providing essential tools for areas such as virtualization and cloud computing, cybersecurity, networking, data storage, infrastructure management, and application lifecycle management (ALM), alongside a variety of computer hardware. To engage its diverse clientele, Climb Global Solutions Inc. employs a multi-faceted marketing strategy. This includes leveraging its dedicated websites, hosting both local and online seminars, participating in industry events and webinars, utilizing social media platforms, and conducting direct email campaigns alongside traditional printed materials. The company specializes in delivering IT distribution and solutions tailored for businesses operating in critical sectors such as cybersecurity, data management, cloud infrastructure, network connectivity, storage (including hyperconverged infrastructure or HCI), virtualization, and software development/ALM. Climb Global Solutions Inc. was originally established in 1982 under the name Wayside Technology Group, Inc., and officially adopted its current corporate identity in October 2022. Its corporate headquarters are situated in Eatontown, New Jersey.

Sector: Technology 路 Industry: Technology Distributors

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 Cap0.0% / 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 CLMB Dividends

Calculate your purification amount for CLMB dividends based on AAOIFI standards.

Financial Overview

Market Cap

422.5M

Price

$22.72

Sector

Technology

Industry

Technology Distributors

Free 路 No credit card required

Track CLMB and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Climb Global Solutions, Inc. (CLMB) halal to invest in?
Based on AAOIFI Standard 21 screening, Climb Global Solutions, Inc. (CLMB) 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 Climb Global Solutions, Inc. get a A+ compliance rating?
Climb Global Solutions, Inc. (CLMB) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%); interest-bearing deposits of 8.7% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Climb Global Solutions, Inc.'s Shariah verdict?
Climb Global Solutions, 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 Climb Global Solutions, Inc. re-screened for Shariah compliance?
Climb Global Solutions, Inc. (CLMB) 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.