Everpure, Inc

PSTG: Is Everpure, Inc Halal?

Everpure, Inc

NYSETechnologyUS

$86.22

+9.14%

Market Cap: 28.5B

Compliance Status

Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

A

Very Good

83Score

Is Everpure, Inc (PSTG) halal? Halal. Based on AAOIFI screening, Everpure, Inc passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 83/100 (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%.

0.8% of 30.0% limit

What this means for you

You can own PSTG

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

Purify 2.3% of your income from PSTG

That is about $2.30 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Everpure, Inc

This technology company, known operationally as Pure Storage, Inc. (originally incorporated in 2009 as OS76, Inc., before rebranding in January 2010), delivers a comprehensive range of data storage technologies, associated products, and specialized services to clients across the United States and globally. At the core of its offerings is the proprietary Purity software platform, which unifies its product ecosystem. This advanced software provides enterprise-grade data management capabilities, including efficient data reduction, robust data protection, and secure encryption. It also supports diverse storage protocols, encompassing block, file, and object architectures. The company's diverse product portfolio addresses various data storage requirements: The FlashArray series, which includes the high-performance FlashArray//XL and the all-QLC FlashArray//C, specializes in block-oriented storage suitable for traditional workloads like databases, enterprise applications, and virtual machines. FlashBlade offers a robust solution designed for managing various types of unstructured data workloads. FlashStack provides a converged infrastructure platform by integrating compute, networking, and storage components. FlashRecover serves as an all-flash, modern solution for data protection. AIRI (AI-Ready Infrastructure) delivers a comprehensive, full-stack solution specifically tailored for artificial intelligence workloads. Beyond hardware, Pure Storage extends its offerings through flexible subscription models such as Evergreen Storage, Pure as-a-Service, and Cloud Block Store. It also features Portworx, a specialized cloud-native data management solution for Kubernetes environments. To support its clientele, the company provides a suite of technical and professional services, complemented by training, education, and certification programs. Its products and subscription services are distributed through a dual strategy, leveraging both a dedicated direct sales team and a broad network of channel partners. The company maintains its headquarters in Mountain View, California.

Sector: Technology · Industry: Computer Hardware

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 2026

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.

Fiscal: FY 2026Data source: FMP
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Frequently Asked Questions

Is Everpure, Inc (PSTG) halal to invest in?
Based on AAOIFI Standard 21 screening, Everpure, Inc (PSTG) 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 Everpure, Inc get a A compliance rating?
Everpure, Inc (PSTG) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.8% (limit 30%); interest-bearing deposits of 5.4% (limit 30%); prohibited income of 2.28% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Everpure, Inc's Shariah verdict?
Everpure, 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 Everpure, Inc re-screened for Shariah compliance?
Everpure, Inc (PSTG) 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 19, 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.