What is PubMatic, Inc.'s Shariah compliance score?

PubMatic, Inc. (PUBM) has a Shariah compliance score of 59/100 (Grade: C+, Fair) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does PubMatic, Inc. pass AAOIFI screening?

PubMatic, Inc. (PUBM) partially passes with caution 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% (PUBM: 6.9%), (3) interest-bearing deposits below 30% (PUBM: 29.3%), and (4) prohibited income below 5% (PUBM: 2.1%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for PubMatic, Inc. stock?

PubMatic, Inc. (PUBM) has a non-permissible income ratio of 2.14%. Muslim investors should purify this percentage of any dividends received and capital gains realized from PUBM shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

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

HalalScreener (halalscreener.app) offers free Shariah compliance screening for PubMatic, Inc. (PUBM) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about PUBM's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

PUBM: Is PubMatic, Inc. Halal?

PubMatic, Inc.

NASDAQTechnologyUS

$13.55

-0.07%

Market Cap: 632.8M

Compliance Status

Doubtful

Screened on Jul 18, 2026 · AAOIFI Standard 21

C+

Fair

59Score

Is PubMatic, Inc. (PUBM) halal? Doubtful. Based on AAOIFI screening, PubMatic, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 59/100 (Grade: C+).

AvoidBorderlineClean

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%.

6.9% of 30.0% limit

What this means for you

You may own PUBM, with caution

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

Purify 2.1% of your income from PUBM

That is about $2.10 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

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

Why This Stock Is Doubtful

Interest-bearing deposits are 29.3% of market cap, only 0.7 points below the 30% 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 Jul 18, 2026

Compliance History

Doubtfulnow
since Jul 2026
Not Halal
until the change above

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

Fiscal: Q1 2026Data source: EDGAR

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Frequently Asked Questions

Is PubMatic, Inc. (PUBM) halal to invest in?

PubMatic, Inc. (PUBM) 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 PubMatic, Inc. get a C+ compliance rating?

PubMatic, Inc. (PUBM) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 6.9% (limit 30%); interest-bearing deposits of 29.3% (limit 30%); prohibited income of 2.14% (limit 5%). 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: Jul 18, 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.