DigitalOcean Holdings, Inc.

DOCN: Is DigitalOcean Holdings, Inc. Halal?

DigitalOcean Holdings, Inc.

NYSETechnologyUS

$119.48

-5.40%

Market Cap: 12.5B

Compliance Status

Halal

Screened on Jul 16, 2026 · AAOIFI Standard 21

A

Very Good

80Score

Is DigitalOcean Holdings, Inc. (DOCN) halal? Halal. Based on AAOIFI screening, DigitalOcean Holdings, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 80/100 (Grade: A).

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%.

10.4% of 30.0% limit

What this means for you

You can own DOCN

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

Purify 1.7% of your income from DOCN

That is about $1.70 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About DigitalOcean Holdings, Inc.

DigitalOcean Holdings, Inc., through its various operating entities, provides a global cloud computing environment with reach across North America, Europe, Asia, and beyond. This adaptable platform delivers on-demand infrastructure and essential developer tools, specifically designed for individual developers, new start-ups, and small to mid-sized businesses. The company offers fundamental infrastructure components such as computing power, storage, and networking capabilities, while also enabling developers to expand their cloud solutions using a range of fully managed offerings for applications, containers, and databases. Its clientele is diverse, including software engineers, academic researchers, data scientists, system administrators, students, and personal project enthusiasts. Customers from various industries utilize the platform for a multitude of applications, including the development of web and mobile applications, website hosting, e-commerce solutions, media and gaming platforms, personal online projects, and managed services, among others. DigitalOcean Holdings, Inc. was founded in 2012 and has its corporate headquarters situated in New York, New York.

Sector: Technology · Industry: Software - Infrastructure

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 16, 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: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is DigitalOcean Holdings, Inc. (DOCN) halal to invest in?
Based on AAOIFI Standard 21 screening, DigitalOcean Holdings, Inc. (DOCN) is rated Halal with a compliance grade of A (Very 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 DigitalOcean Holdings, Inc. get a A compliance rating?
DigitalOcean Holdings, Inc. (DOCN) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 10.4% (limit 30%); interest-bearing deposits of 3.6% (limit 30%); prohibited income of 1.74% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change DigitalOcean Holdings, Inc.'s Shariah verdict?
DigitalOcean Holdings, 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 DigitalOcean Holdings, Inc. re-screened for Shariah compliance?
DigitalOcean Holdings, Inc. (DOCN) 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 16, 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.