What is 8x8, Inc.'s Shariah compliance score?

8x8, Inc.'s (EGHT) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does 8x8, Inc. pass AAOIFI screening?

8x8, Inc. (EGHT) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (EGHT: 112.5%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for 8x8, Inc. stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for 8x8, Inc. (EGHT) using the latest financial data.

Where can I screen 8x8, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for 8x8, Inc. (EGHT) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about EGHT's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

EGHT: Is 8x8, Inc. Halal?

8x8, Inc.

NASDAQTechnologyUS

$2.01

-6.02%

Market Cap: 285.2M

Compliance Status

Not Halal

Screened on Aug 12, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is 8x8, Inc. (EGHT) halal? Not Halal. Based on AAOIFI screening, 8x8, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

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%.

112.5% of 30.0% limit

What this means for you

Most scholars advise not holding EGHT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About 8x8, Inc.

8x8, Inc. delivers a comprehensive suite of cloud-based communication and collaboration tools, encompassing telephony, video conferencing, instant messaging, customer engagement platforms, and powerful API services. These Software-as-a-Service (SaaS) solutions cater to a diverse global clientele, ranging from small and medium-sized enterprises to major corporations, government bodies, and various other organizations. The company's offerings include integrated communication ecosystems, collaborative team environments, virtual meeting spaces, customer service management, insightful data analytics, and developer-friendly communication APIs. Key product lines feature: 8x8 Work: A flagship, all-in-one unified communications platform that provides enterprise-grade voice services with public telephone network connectivity, video conferencing, and a consolidated messaging hub for direct chats, public/private team rooms, and multimedia content. 8x8 Contact Center: A versatile, cloud-native solution for managing multi-channel customer interactions. 8x8 CPaaS: A global Communications Platform-as-a-Service, offering a toolkit for developers to embed communication functionalities directly into their applications. Furthermore, 8x8 provides various subscription tiers, from X1 through X8, designed to deliver advanced unified communications, video conferencing, team collaboration, and contact center capabilities tailored for enterprise use. The company employs a multifaceted approach to market its services, utilizing digital strategies such as search engine optimization and paid advertising, along with webinars, industry conferences, and trade shows. Lead generation from third-party sources and a dedicated direct sales team further bolster their market outreach. Established in 1987, 8x8, Inc. maintains its principal office in Campbell, California.

Sector: Technology · Industry: Software - Application

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 12, 2026

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: Q1 2027Data source: FMP

Halal Alternatives in Technology

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

UIA+

Ubiquiti Inc.

$570.47

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0005.KLA+

UCrest Bhd

$0.07

+0.08%

0008.KLA+

Willowglen MSC Bhd

$0.30

+0.00%

0010.KLA+

IRIS Corporation Bhd

$0.23

-0.02%

0023.KLA+

IFCA MSC Bhd

$0.24

+0.02%

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Apple Inc.

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CRM

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B+

ADBE

Adobe Inc.

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Frequently Asked Questions

Is 8x8, Inc. (EGHT) halal to invest in?

8x8, Inc. (EGHT) 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 8x8, Inc. get a F compliance rating?

8x8, Inc. (EGHT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 112.5% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change 8x8, Inc.'s Shariah verdict?

8x8, 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 8x8, Inc. re-screened for Shariah compliance?

8x8, Inc. (EGHT) 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: Aug 12, 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.