Is Weave Communications, Inc. (WEAV) halal? Halal. Based on AAOIFI screening, Weave Communications, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 75/100 (Grade: B+).

Weave Communications, Inc.

WEAV: Is Weave Communications, Inc. Halal?

Halal

Weave Communications, Inc.

NYSETechnologyUS

$5.47

+0.55%

Purify ~0.8% of income

About Weave Communications, Inc.

Weave Communications, Inc. delivers a comprehensive software platform designed for customer communication and engagement across the United States and Canada. This platform empowers small and medium-sized businesses (SMBs) to elevate the effectiveness of their customer interactions while significantly reducing the labor involved in routine or repetitive duties. Among its diverse offerings are a sophisticated Phone System capable of discerning new from existing callers, delivering pertinent information during calls, and efficiently managing peak call volumes. It also provides dedicated Text Messaging for direct customer communication and a Missed Call Text feature that facilitates immediate follow-up on unanswered calls. For internal team collaboration, Weave Team offers an internal group messaging solution to foster seamless communication among staff members. A versatile Mobile App further extends functionality for customer texting, payment requests, and handling inbound/outbound calls. The company's suite of tools also includes Weave Reviews, enabling businesses to solicit, gather, monitor, and reply to customer feedback, alongside an integrated Email Marketing system. Web Assistant Appointment Requests and Text Connect functionalities allow online engagement with both current and prospective clients directly via their websites. Financial operations are supported by Weave Payments, a streamlined payment processing solution, and Customer Insights, which aids in expedited payment collection, enhances personalized customer engagement, and suggests appropriate follow-up actions. Robust Analytics tools help pinpoint unscheduled treatments, missed appointments, outstanding invoices, and other operational requirements. Additionally, the platform features Digital Forms for capturing essential data and a Scheduling feature that automates appointment reminders via text or email. Weave primarily caters to various specialized sectors including dental, optometry, veterinary, physical therapy, home services, audiology, medical specialties, and podiatry. Originally established as Recall Solutions, LLC in 2008, the company rebranded to Weave Communications, Inc. in October 2015. Its corporate headquarters are located in Lehi, Utah.

Sector: Technology 路 Industry: Software - Application

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 2026
B+

Good

Good compliance with minor concerns

75Score

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 Cap12.0% / 30.0%

Compliance History

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 17, 2026Fiscal: Q1 2026Source: FMP

Purify Your WEAV Dividends

0.8% non-compliant income

WEAV has 0.8% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

435.2M

Price

$5.47

Sector

Technology

Industry

Software - Application

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Frequently Asked Questions

Is Weave Communications, Inc. (WEAV) halal to invest in?
Based on AAOIFI Standard 21 screening, Weave Communications, Inc. (WEAV) 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 Weave Communications, Inc. get a B+ compliance rating?
Weave Communications, Inc. (WEAV) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 12.0% (limit 30%); interest-bearing deposits of 12.6% (limit 30%); prohibited income of 0.83% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Weave Communications, Inc.'s Shariah verdict?
Weave Communications, 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 Weave Communications, Inc. re-screened for Shariah compliance?
Weave Communications, Inc. (WEAV) 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.