CMRCNot HalalF
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Commerce.com, Inc.

CMRC: Is Commerce.com, Inc. Halal?

Commerce.com, Inc.

NASDAQTechnologyUS

$3.26

Market Cap: 268.6M

Compliance Status

Not Halal

Screened on Sep 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates Commerce.com, Inc. (CMRC) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 26, 2026. Source: https://halalscreener.app/en/stock/CMRC

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%.

58.3% of 30.0% limit
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The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding CMRC

It does not pass AAOIFI Shariah screening.

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About Commerce.com, Inc.

Commerce.com, Inc. delivers a global e-commerce platform via a software-as-a-service (SaaS) model, assisting brands and retailers across the United States, the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. This comprehensive platform empowers businesses to establish and expand their online presence. Its features span storefront design, product catalog administration, hosting services, streamlined checkout processes, order fulfillment management, and detailed reporting. Crucially, it offers pre-integrated access to vital third-party functionalities, such as payment gateways, shipping solutions, and accounting software. The company's offerings serve a wide array of online stores, accommodating various sizes, product categories, and transaction models, encompassing both business-to-consumer (B2C) and business-to-business (B2B) operations. Founded in 2009 and headquartered in Austin, Texas, the entity currently known as BigCommerce Holdings, Inc. is scheduled to officially rebrand as Commerce.com, Inc. in July 2025.

Sector: Technology · Industry: Software - Application

Why this does not pass

  • Interest-bearing debt is 58.3% of market cap, over the 30% AAOIFI limit.
  • Interest-bearing deposits are over the 30% limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 26, 2026

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PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Screened according to AAOIFI Standard 21

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Technology

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Frequently Asked Questions

Is Commerce.com, Inc. (CMRC) halal to invest in?
Commerce.com, Inc. (CMRC) 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 Commerce.com, Inc. get a F compliance rating?
Commerce.com, Inc. (CMRC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 58.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Commerce.com, Inc.'s Shariah verdict?
Commerce.com, 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 Commerce.com, Inc. re-screened for Shariah compliance?
Commerce.com, Inc. (CMRC) 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: Sep 26, 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.