Is Palo Alto Networks (PANW) halal?
Palo Alto Networks is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 1% of market capitalisation (limit 30%), and non-permissible (interest) income is 3.9% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 1% | < 30% | Within limit |
| Non-permissible income ÷ revenue | 3.9% | < 5% | Within limit |
Purification
Even a compliant company earns a little interest. About 3.9% of Palo Alto Networks's revenue is non-permissible income, so a shareholder who receives dividends would normally donate about 3.9% of each dividend. Open the full analysis for the amount per share.
About Palo Alto Networks
Palo Alto Networks, Inc. is a cybersecurity company that provides products and services designed to secure networks, clouds, and applications for organizations worldwide. Headquartered in Santa Clara, California and incorporated in 2005, the company focuses on protecting enterprises, service providers, and government entities across sectors such as financial services, healthcare, education, energy, manufacturing, telecommunications, and the public sector. Palo Alto…
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Frequently asked questions
Is Palo Alto Networks (PANW) halal?
Palo Alto Networks is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 1% of market capitalisation (limit 30%), and non-permissible (interest) income is 3.9% of revenue (limit 5%).
What makes a stock halal or haram?
Under AAOIFI Standard 21 a company must first have a permissible core business (no conventional banking or insurance, alcohol, tobacco, gambling or similar). Then interest-bearing debt must be under 30% of its market value and interest income under 5% of its revenue.
How much of Palo Alto Networks's dividends should be purified?
About 3.9% of each dividend, the share of the company's income that is not permissible. Donate that amount rather than keeping it.
How often is this updated?
Prices refresh daily and the ratios update when the company files new financial statements, usually every quarter. This page's data was last updated 2026-09-14.