Is Asure Software (ASUR) Stock Halal?

Compliance Status

Halal

Screened on Nov 9, 2026 · AAOIFI Standard 21

B

Acceptable

68Score

Is Asure Software, Inc. (ASUR) halal? Halal. Based on AAOIFI screening, Asure Software, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 68/100 (Grade: B).

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HalalScreener rates Asure Software, Inc. (ASUR) Halal, 68/100, grade B under AAOIFI Standard 21, screened Nov 9, 2026. Source: https://halalscreener.app/en/stock/ASUR

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

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

22.2% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

You can own ASUR

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened ASUR's prohibited income, but the exact share you would need to purify is part of Pro.

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Asure Software, Inc.

ASUR

Asure Software, Inc.

NASDAQTechnologyUS

$10.26

Market Cap: 309.4M

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About Asure Software, Inc.

Operating within the United States, Asure Software, Inc. delivers cloud-hosted human capital management (HCM) solutions tailored for small and mid-sized businesses. The company assists these enterprises in cultivating effective teams, ensuring regulatory adherence, and strategically allocating resources to drive their growth. Among its primary offerings is Asure Payroll & Tax, an integrated cloud-based system that automates the complex regulations surrounding payroll and taxation. This includes managing compensation, employee benefits, overtime, garnishments, tips, direct deposits, compliance with the Fair Labor Standards Act (FLSA), and all federal, state, and local payroll taxes. Another key product, Asure HR, is a cloud-native platform designed to simplify human resources complexities, featuring employee self-service capabilities for convenient access to personal information, pay stubs, and company documents. Additionally, Asure Time & Attendance provides substantial cost savings and enhanced return on investment through the judicious management of labor expenditures and the elimination of time theft. Beyond its software, Asure offers a comprehensive suite of HR services, including an on-demand resource library, expert phone and email support for HR-related inquiries, crucial compliance and policy updates, assistance with strategic HR decision-making, and full HR outsourcing solutions. The company also facilitates seamless data integration with various third-party systems, such as those for 401(k) plans, benefits administration, and insurance providers. Asure Software, Inc. was established in 1985 and maintains its corporate headquarters in Austin, Texas.

Sector: Technology · Industry: Software - Application

Shariah Compliance Status

AAOIFI Standard 21Updated Nov 9, 2026
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Compliance History

  1. Halalnow

    since Nov 2026

  2. Doubtful

    until the change above

  3. Not Halal

    until the change above

  4. Doubtful

    until the change above

  5. Not Halal

    until the change above

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

Fiscal: Q3 2026Data source: EDGAR
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Frequently Asked Questions

Is Asure Software, Inc. (ASUR) halal to invest in?
Based on AAOIFI Standard 21 screening, Asure Software, Inc. (ASUR) is rated Halal with a compliance grade of B (Acceptable). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Asure Software, Inc. get a B compliance rating?
Asure Software, Inc. (ASUR) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 22.2% (limit 30%); interest-bearing deposits well clear of the 30% limit; prohibited income well clear of the 5% limit. The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Asure Software, Inc.'s Shariah verdict?
Asure Software, Inc.'s verdict is recalculated at every re-screen, including the one that follows each new quarterly or annual report. 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 Asure Software, Inc. re-screened for Shariah compliance?
Asure Software, Inc. (ASUR) is screened from the latest financial statements on record, currently those for fiscal Q3 2026. The 500 largest US-listed companies, and every stock on a HalalScreener watchlist or portfolio, are re-screened daily against the current market cap; every other stock at least once a week. When the company files a new quarterly or annual report with the SEC, it is re-screened from that filing: we check the SEC's filing feed every 15 minutes and the earnings calendar every day. Last screened: Nov 9, 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.