Is Snowflake Inc. (SNOW) halal?
Snowflake Inc. is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 2.4% of market capitalisation (limit 30%), and non-permissible (interest) income is 4.1% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 2.4% | < 30% | Within limit |
| Non-permissible income ÷ revenue | 4.1% | < 5% | Close to limit |
Purification
Even a compliant company earns a little interest. About 4.1% of Snowflake Inc.'s revenue is non-permissible income, so a shareholder who receives dividends would normally donate about 4.1% of each dividend. Open the full analysis for the amount per share.
About Snowflake Inc.
Snowflake Inc. provides a cloud-native data platform that enables organizations to store, manage, and analyze vast amounts of data across multiple public clouds. Its core offering, the Data Cloud, creates an interconnected ecosystem where customers, partners, data providers, and consumers collaborate to unify data silos and unlock actionable insights. The platform's architecture uniquely separates compute and storage resources, allowing independent scaling for optimal…
Open the full analysis in Sanad
Similar companies
Go deeper on Sanad
Free to look up. These parts are included with a free trial or Sanad Pro.
- 🔒 Purification amount per sharePRO••••••
- 🔒 Fair price and buy pricePRO••••••
- 🔒 Analysis Score (0–100)PRO••••••
- 🔒 Insider trades, last 90 daysPRO••••••
- 🔒 Full financial statements and ratio historyPRO••••••
- 🔒 Alerts when the verdict changesPRO••••••
Frequently asked questions
Is Snowflake Inc. (SNOW) halal?
Snowflake Inc. is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 2.4% of market capitalisation (limit 30%), and non-permissible (interest) income is 4.1% 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 Snowflake Inc.'s dividends should be purified?
About 4.1% 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.