Confluent, Inc.

CFLT: Is Confluent, Inc. Halal?

Confluent, Inc.

NASDAQTechnologyUS

$30.99

+0.00%

Market Cap: 11.1B

Compliance Status

Halal

Screened on Jul 15, 2026 · AAOIFI Standard 21

B+

Good

76Score

Is Confluent, Inc. (CFLT) halal? Halal. Based on AAOIFI screening, Confluent, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 76/100 (Grade: B+).

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

10.0% of 30.0% limit

What this means for you

You can own CFLT

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

No purification owed

Based on the latest screening, none of its income comes from prohibited sources.

About Confluent, Inc.

Confluent, Inc. operates a global data streaming platform, serving clients across the United States and internationally. The company's core products include Confluent Cloud, a fully managed, cloud-native service designed for seamlessly connecting and processing data, and Confluent Platform, an enterprise-level, self-managed software solution. This platform acts as the fundamental "data in motion" layer, enabling real-time data integration and processing for businesses. Beyond its main platforms, Confluent provides several specialized tools: Kafka Connect, which allows users to create connectors for integrating Apache Kafka with various applications and data systems; ksqlDB, a dedicated database for stream processing applications; and a stream governance solution. This governance offering is uniquely tailored to manage the complexities of streaming data, empowering teams to expand their use of real-time data while ensuring adherence to risk management and regulatory compliance standards. Confluent also supports its customers through comprehensive training programs and professional services. Founded in 2014, the company was originally named Infinitem, Inc. before rebranding as Confluent, Inc. in September of the same year. Its corporate headquarters are situated in Mountain View, California.

Sector: Technology · Industry: Software - Infrastructure

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 15, 2026

Compliance History

Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is Confluent, Inc. (CFLT) halal to invest in?
Based on AAOIFI Standard 21 screening, Confluent, Inc. (CFLT) is rated Halal with a compliance grade of B+ (Good). 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 Confluent, Inc. get a B+ compliance rating?
Confluent, Inc. (CFLT) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 10.0% (limit 30%); interest-bearing deposits of 18.5% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Confluent, Inc.'s Shariah verdict?
Confluent, 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 Confluent, Inc. re-screened for Shariah compliance?
Confluent, Inc. (CFLT) 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 15, 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.