
CTLP: Is Cantaloupe, Inc. Halal?
Cantaloupe, Inc.
$11.20
+0.00%
Market Cap: 825.8M
Compliance Status
Halal
Screened on Jul 19, 2026 · AAOIFI Standard 21
Very Good
Is Cantaloupe, Inc. (CTLP) halal? Halal. Based on AAOIFI screening, Cantaloupe, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 87/100 (Grade: A).
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You can own CTLP
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
Purify 0.5% of your income from CTLP
That is about $0.50 of every $100 you earn from it. Donate this share to charity.
Calculate my exact amountAbout Cantaloupe, Inc.
Cantaloupe, Inc., previously known as USA Technologies, Inc., specializes in providing innovative technology solutions, particularly digital payment and software services, for the self-service retail sector. The company furnishes a comprehensive array of integrated offerings, which include sophisticated payment processing, logistical management, and critical back-office administration. A cornerstone of their product line is the ePort device, an embedded payment terminal engineered for various unattended applications such as vending machines, entertainment arcades, commercial laundromats, and vehicle wash stations, enabling streamlined digital transactions. Complementing this, Cantaloupe offers integrated software services for wirelessly transferring data from these deployed payment devices. Serving a broad spectrum of clients, from operators of vending machines, car washes, and electric vehicle charging points to amusement parks and micro-markets, Cantaloupe empowers these businesses with modern payment capabilities. Furthermore, the company has established key strategic alliances, notably with Bakkt Holdings, LLC, to enable consumers to utilize digital assets for purchases in unattended retail environments, and with Castles Technology, aiming to introduce next-generation cashless payment device solutions. Established in 1992, Cantaloupe, Inc. maintains its headquarters in Malvern, Pennsylvania.
Sector: Technology · Industry: Information Technology Services
Shariah Compliance Status
Compliance History
Halal, unchanged since May 2026.
No status changes recorded since we began tracking.
Tracked since May 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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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.