
CXDO: Is Crexendo, Inc. Halal?
Crexendo, Inc.
$6.49
+0.93%
Market Cap: 210.4M
Compliance Status
Halal
Screened on Aug 12, 2026 · AAOIFI Standard 21
Excellent
Is Crexendo, Inc. (CXDO) halal? Halal. Based on AAOIFI screening, Crexendo, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 90/100 (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 CXDO
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
Purification amount is Pro
We have screened CXDO's prohibited income, but the exact share you would need to purify is part of Pro.
See what I owe (free for 7 days)About Crexendo, Inc.
Crexendo, Inc. (trading as CXDO) delivers a broad spectrum of cloud-based business solutions to clients across the United States, Canada, and various international regions. Their service portfolio encompasses cloud communication, unified communications as a service (UCaaS), call center capabilities, and collaborative tools. The company's operations are distinctly segmented into two main areas. The Cloud Telecommunications division is dedicated to offering communication services that enable call transmission via Internet Protocol (IP) or cloud technology. This is achieved by converting voice signals into digital data packets for efficient conveyance over the internet or cloud infrastructure. This segment also handles the resale of broadband internet services and the provision of cloud telecommunications hardware for both sale and lease. Furthermore, it supplies comprehensive hardware, software, and integrated unified communication platforms for businesses, all leveraging IP or cloud technology through high-speed internet connections. These solutions are accessible via multiple interfaces, including desktop phones, mobile applications, and desktop applications, all marketed under the Crexendo brand. Meanwhile, the Web Services segment is primarily focused on furnishing website hosting and other related professional services. Founded in 1995, the company originally operated as iMergent, Inc., before officially rebranding to Crexendo, Inc. in May 2011. Its corporate headquarters are located in Tempe, Arizona.
Sector: Communication Services · Industry: Telecommunications Services
Shariah Compliance Status
Compliance History
Halal, unchanged since Aug 2026.
No status changes recorded since we began tracking.
Tracked since Aug 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.