What is Affirm Holdings, Inc.'s Shariah compliance score?

Affirm Holdings, Inc.'s (AFRM) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Affirm Holdings, Inc. pass AAOIFI screening?

Affirm Holdings, Inc. (AFRM) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (AFRM: 34.8%), (3) interest-bearing deposits below 30% (AFRM: 5.3%), and (4) prohibited income below 5% (AFRM: 147.3%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Affirm Holdings, Inc. stock?

Affirm Holdings, Inc. (AFRM) has a non-permissible income ratio of 147.28%. Muslim investors should purify this percentage of any dividends received and capital gains realized from AFRM shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Affirm Holdings, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Affirm Holdings, Inc. (AFRM) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about AFRM's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

AFRM: Is Affirm Holdings, Inc. Halal?

Affirm Holdings, Inc.

NASDAQTechnologyUS

$76.07

+3.44%

Market Cap: 25.5B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Affirm Holdings, Inc. (AFRM) halal? Not Halal. Based on AAOIFI screening, Affirm Holdings, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

34.8% of 30.0% limit

What this means for you

Most scholars advise not holding AFRM

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Affirm Holdings, Inc.

Affirm Holdings, Inc. provides a digital and mobile-first commerce platform that operates across the United States and Canada. This platform offers consumers a point-of-sale financing solution, delivers various tools for merchants, and includes a dedicated mobile application for users. Leveraging its payment network and partnerships with originating banks, the company enables customers to spread the cost of their purchases over time, with payment terms ranging from a single month up to forty-eight months. By June 30, 2021, approximately 29,000 merchants had integrated Affirm's services, representing a diverse array of businesses from small enterprises and large corporations to direct-to-consumer brands and traditional physical stores. These businesses span numerous industries, including sporting goods, home furnishings, travel, apparel, accessories, consumer electronics, and jewelry. Affirm was founded in 2012 and is based in San Francisco, California.

Sector: Technology · Industry: Software - Infrastructure

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q3 2026Data source: EDGAR

Halal Alternatives in Technology

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Ubiquiti Inc.

$608.16

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UCrest Bhd

$0.07

+0.08%

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Willowglen MSC Bhd

$0.29

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0010.KLA+

IRIS Corporation Bhd

$0.22

-0.04%

0023.KLA+

IFCA MSC Bhd

$0.21

+0.00%

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Frequently Asked Questions

Is Affirm Holdings, Inc. (AFRM) halal to invest in?

Affirm Holdings, Inc. (AFRM) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Affirm Holdings, Inc. get a F compliance rating?

Affirm Holdings, Inc. (AFRM) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 34.8% (limit 30%); interest-bearing deposits of 5.3% (limit 30%); prohibited income of 147.28% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Affirm Holdings, Inc.'s Shariah verdict?

Affirm Holdings, 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 Affirm Holdings, Inc. re-screened for Shariah compliance?

Affirm Holdings, Inc. (AFRM) 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: Jul 18, 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.