Is GitLab Inc. (GTLB) halal? Not Halal. Based on AAOIFI screening, GitLab Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

GitLab Inc.

GTLB: Is GitLab Inc. Halal?

Not Halal

GitLab Inc.

NASDAQTechnologyUS

$28.40

-0.39%

About GitLab Inc.

GitLab Inc., through its various operating entities, specializes in developing software solutions that facilitate the entire software development lifecycle. The company's operations span the United States, Europe, and the Asia Pacific regions. Its primary offering is GitLab, a unified DevOps platform. This single application is engineered to boost development speed, offering extensive visibility and precise command over every phase of the DevOps workflow. The platform's objective is to enable businesses to effectively plan, build, secure, and release software, thereby driving positive business results. Additionally, GitLab Inc. provides a range of associated training and expert consultation services. Founded in 2011, the enterprise was initially known as GitLab B.V. before officially adopting the name GitLab Inc. in July 2015. The firm's main offices are located in San Francisco, California.

Sector: Technology 路 Industry: Software - Application

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 12, 2026
F

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

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

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap0.0% / 30.0%

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Halal

    until the change above

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

Screened: Jun 12, 2026Fiscal: Q1 2027Source: FMP

Financial Overview

Market Cap

4.8B

Price

$28.40

Sector

Technology

Industry

Software - Application

Halal Alternatives in Technology

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is GitLab Inc. (GTLB) halal to invest in?
GitLab Inc. (GTLB) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did GitLab Inc. get a F compliance rating?
GitLab Inc. (GTLB) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%); interest-bearing deposits of 4.8% (limit 30%); prohibited income of 5.06% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change GitLab Inc.'s Shariah verdict?
GitLab 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 GitLab Inc. re-screened for Shariah compliance?
GitLab Inc. (GTLB) 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 12, 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.