PubMatic, Inc.

PUBM: Is PubMatic, Inc. Halal?

PubMatic, Inc.

NASDAQTechnologyUS

$13.55

-0.07%

Market Cap: 632.8M

Compliance Status

Halal

Screened on Aug 11, 2026 · AAOIFI Standard 21

B+

Good

76Score

Is PubMatic, Inc. (PUBM) halal? Halal. Based on AAOIFI screening, PubMatic, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 76/100 (Grade: B+).

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%.

5.3% of 30.0% limit

What this means for you

You can own PUBM

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

Purification amount is Pro

We have screened PUBM'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 PubMatic, Inc.

PubMatic, Inc. operates a global cloud-based infrastructure designed to facilitate real-time programmatic advertising exchanges between online publishers and advertisers. Its comprehensive suite of solutions includes Openwrap, an enterprise-level header bidding tool with robust management and analytics capabilities, including specialized versions like Openwrap OTT for over-the-top media and Openwrap SDK for in-app developers. The company also provides private marketplace options and dedicated consoles for media buyers. Further extending its offerings, PubMatic provides Real-Time Bidding (RTB) technologies that support diverse selling strategies across multiple screens and advertising formats. It employs advanced digital advertising inventory quality solutions to identify and remove fraudulent traffic and malicious activities, alongside ad quality features aimed at minimizing security, quality, and performance concerns. The Identity Hub is a privacy-conscious identity management system, enabling advertisers to utilize their preferred user identifiers securely and at scale. Moreover, PubMatic offers Audience Encore, an audience data platform, and a cross-platform video Sell-Side Platform (SSP) that links reputable video buyers with high-quality publishers. The platform is versatile, accommodating a wide spectrum of advertising formats and digital devices, such as mobile applications, mobile web, desktop, display, video, and various connected TV environments including over-the-top (OTT) services. Established in 2006, PubMatic, Inc. is headquartered in Redwood City, California.

Sector: Technology · Industry: Software - Application

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 11, 2026

Compliance History

  1. Halalnow

    since Aug 2026

  2. Not Halal

    until the change above

  3. Doubtful

    until the change above

  4. Not Halal

    until the change above

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

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is PubMatic, Inc. (PUBM) halal to invest in?
Based on AAOIFI Standard 21 screening, PubMatic, Inc. (PUBM) is rated Halal with a compliance grade of B+ (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 PubMatic, Inc. get a B+ compliance rating?
PubMatic, Inc. (PUBM) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 5.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change PubMatic, Inc.'s Shariah verdict?
PubMatic, 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 PubMatic, Inc. re-screened for Shariah compliance?
PubMatic, Inc. (PUBM) 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 11, 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.