GitLab Inc.

GTLB: Is GitLab Inc. Halal?

GitLab Inc.

NASDAQTechnologyUS

$42.11

+3.39%

Market Cap: 7.1B

Compliance Status

Doubtful

Screened on Sep 3, 2026 · AAOIFI Standard 21

B+

Good

74Score

Is GitLab Inc. (GTLB) halal? Doubtful. Based on AAOIFI screening, GitLab Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 74/100 (Grade: B+).

Quote this verdict

HalalScreener rates GitLab Inc. (GTLB) Doubtful, 74/100, grade B+ under AAOIFI Standard 21, screened Sep 3, 2026. Source: https://halalscreener.app/en/stock/GTLB

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%.

0.0% of 30.0% limit

What this means for you

You may own GTLB, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purification amount is Pro

We have screened GTLB's prohibited income, but the exact share you would need to purify is part of Pro.

About GitLab Inc.

GitLab Inc., through its various operating entities, specializes in developing software solutions that facilitate the entire software development lifecycle. The company's operations span the United States, Europe, and the Asia Pacific regions. Its primary offering is GitLab, a unified DevOps platform. This single application is engineered to boost development speed, offering extensive visibility and precise command over every phase of the DevOps workflow. The platform's objective is to enable businesses to effectively plan, build, secure, and release software, thereby driving positive business results. Additionally, GitLab Inc. provides a range of associated training and expert consultation services. Founded in 2011, the enterprise was initially known as GitLab B.V. before officially adopting the name GitLab Inc. in July 2015. The firm's main offices are located in San Francisco, California.

Sector: Technology · Industry: Software - Application

Why This Stock Is Doubtful

  • Non-compliant income is 4.8% of revenue, only 0.2 points below the 5% limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 3, 2026

Compliance History

  1. Doubtfulnow

    since Aug 2026

  2. Not Halal

    until the change above

  3. Doubtful

    until the change above

  4. Not Halal

    until the change above

  5. Halal

    until the change above

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

Fiscal: Q2 2027Data source: EDGAR
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Frequently Asked Questions

Is GitLab Inc. (GTLB) halal to invest in?
GitLab Inc. (GTLB) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did GitLab Inc. get a B+ compliance rating?
GitLab Inc. (GTLB) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change GitLab Inc.'s Shariah verdict?
GitLab 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 GitLab Inc. re-screened for Shariah compliance?
GitLab Inc. (GTLB) 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 3, 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.