Is GitLab Inc. (GTLB) halal? Doubtful. Based on AAOIFI screening, GitLab Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 53/100 (Grade: C+).

GitLab Inc.

GTLB: Is GitLab Inc. Halal?

Doubtful

GitLab Inc.

NASDAQTechnologyUS

$28.40

-0.39%

Purify ~4.8% of income

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

Why This Stock Is Doubtful

  • Interest-bearing deposits are 28.1% of market cap, only 1.9 points below the 30% limit
  • Non-compliant income is 4.8% of revenue, only 0.2 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 19, 2026
C+

Fair

Some financial ratios approaching limits

53Score

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

  1. Doubtfulnow

    since Jun 2026

  2. Not Halal

    until the change above

  3. Halal

    until the change above

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

Screened: Jun 19, 2026Fiscal: FY 2026Source: FMP

Purify Your GTLB Dividends

4.8% non-compliant income

GTLB has 4.8% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

4.8B

Price

$28.40

Sector

Technology

Industry

Software - Application

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Frequently Asked Questions

Is GitLab Inc. (GTLB) halal to invest in?
GitLab Inc. (GTLB) 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 GitLab Inc. get a C+ compliance rating?
GitLab Inc. (GTLB) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%); interest-bearing deposits of 28.1% (limit 30%); prohibited income of 4.78% (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 19, 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.