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

Upwork Inc.

UPWK: Is Upwork Inc. Halal?

Not Halal

Upwork Inc.

NASDAQIndustrialsUS

$8.98

-4.16%

About Upwork Inc.

Upwork Inc., together with its subsidiaries, operates a work marketplace that connects businesses with various independent professionals and agencies in the United States, India, the Philippines, and internationally. The company's work marketplace provides access to talent with various skills across a range of categories, including sales and marketing, customer service, data science and analytics, design and creative, web, mobile, and software development. Its work marketplace also enables clients to streamline workflows, such as talent sourcing, outreach, and contracting. The company's work marketplace offers access to various functionalities for remote engagements with talent, including communication and collaboration, ability to receive talent invoices through their work marketplace, and payment protection. Its marketplace offerings include Upwork Basic, Upwork Plus, Upwork Enterprise, and Upwork Payroll, as well as managed and internet escrow agency services. The company was formerly known as Elance-oDesk, Inc. and changed its name to Upwork Inc. in May 2015. Upwork Inc. was incorporated in 2013 and is headquartered in San Francisco, California.

Sector: Industrials 路 Industry: Staffing & Employment Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 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 Cap36.1% / 30.0%

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Screened: Jun 18, 2026Fiscal: Q1 2026Source: EDGAR

Financial Overview

Market Cap

1.1B

Price

$8.98

Sector

Industrials

Industry

Staffing & Employment Services

Halal Alternatives in Industrials

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

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Saia, Inc.
SAIAA+

Saia, Inc.

$467.89

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Aduro Clean Technologies Inc.
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Aduro Clean Technologies Inc.

$13.86

-1.56%

Phoenix Asia Holdings Limited Ordinary Shares
PHOEA+

Phoenix Asia Holdings Limited Ordinary Shares

$15.76

-9.62%

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Frequently Asked Questions

Is Upwork Inc. (UPWK) halal to invest in?
Upwork Inc. (UPWK) 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 Upwork Inc. get a F compliance rating?
Upwork Inc. (UPWK) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 36.1% (limit 30%); interest-bearing deposits of 67.5% (limit 30%); prohibited income of 3.68% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Upwork Inc.'s Shariah verdict?
Upwork 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 Upwork Inc. re-screened for Shariah compliance?
Upwork Inc. (UPWK) 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 18, 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.