Is Workiva Inc. (WK) halal? Doubtful. Based on AAOIFI screening, Workiva Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 30/100 (Grade: C-).

Workiva Inc.

WK: Is Workiva Inc. Halal?

Doubtful

Workiva Inc.

NYSETechnologyUS

$49.13

-0.34%

Purify ~4.2% of income

About Workiva Inc.

Workiva Inc. is a global provider of cloud-based software solutions designed to streamline and manage compliance and regulatory reporting. Its flagship offering, the Workiva platform, delivers a suite of advanced capabilities such as secure collaboration, robust data linking and integration, precise granular permissions, efficient process management, and comprehensive audit trails. This platform empowers users to centralize data from various sources, including enterprise resource planning (ERP), governance, risk, and compliance (GRC), human capital management (HCM), customer relationship management (CRM) systems, and numerous other third-party cloud-based or on-premise applications. Workiva serves a diverse clientele that spans public and private companies, governmental organizations, and academic institutions. The company was established in 2008 and is headquartered in Ames, Iowa.

Sector: Technology · Industry: Software - Application

Why This Stock Is Doubtful

  • Debt is 29.3% of market cap, only 0.7 points below the 30% AAOIFI limit
  • Interest-bearing deposits are 28.8% of market cap, only 1.2 points below the 30% limit
  • Non-compliant income is 4.2% of revenue, only 0.8 points below the 5% limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 12, 2026
C-

Borderline

Borderline compliance — monitor closely

30Score

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 Cap29.3% / 30.0%

Compliance History

  1. Doubtfulnow

    since Jun 2026

  2. Not Halal

    until the change above

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

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

Purify Your WK Dividends

4.2% non-compliant income

WK has 4.2% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

2.8B

Price

$49.13

Sector

Technology

Industry

Software - Application

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Frequently Asked Questions

Is Workiva Inc. (WK) halal to invest in?
Workiva Inc. (WK) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did Workiva Inc. get a C- compliance rating?
Workiva Inc. (WK) received a grade of C- (Borderline) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 29.3% (limit 30%); interest-bearing deposits of 28.8% (limit 30%); prohibited income of 4.24% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Workiva Inc.'s Shariah verdict?
Workiva 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 Workiva Inc. re-screened for Shariah compliance?
Workiva Inc. (WK) 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 · 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.