Compliance Status

Halal

Screened on Oct 10, 2026 · AAOIFI Standard 21

B+

Good

76Score

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

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HalalScreener rates Sangoma Technologies Corporation (SANG) Halal, 76/100, grade B+ under AAOIFI Standard 21, screened Oct 10, 2026. Source: https://halalscreener.app/en/stock/SANG

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

21.2% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

You can own SANG

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

Purification amount is Pro

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

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Sangoma Technologies Corporation

SANG: Is Sangoma Technologies Corporation Halal?

Sangoma Technologies Corporation

NASDAQTechnologyCA

$4.85

Market Cap: 161.4M

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About Sangoma Technologies Corporation

Sangoma Technologies Corporation is a global company that designs, produces, distributes, and maintains voice and data connectivity solutions crucial for software-based communication platforms. Their extensive product range encompasses business telephony systems like Switchvox and PBXact, along with a variety of IP handsets. They also provide gateways for service providers and Voice over IP (VoIP) networks. Cloud-based solutions include Switchvox Cloud, a unified communications platform, and PBXact Cloud, a hosted private branch exchange (PBX) service. Furthermore, Sangoma supplies SIPstation SIP Trunking, an outsourced session initiation protocol (SIP) trunking service, and FAXStation for fax-over-IP capabilities. Noteworthy open-source solutions include Asterisk and FreePBX IP PBX software. The company's offerings also encompass session border controllers, specialized telephony and media transcoding cards, and various open-source communication software packages. Sangoma serves a diverse clientele, including small and medium-sized businesses, large enterprises, original equipment manufacturers, telecommunication carriers, and service providers. Established in 1984, the company is headquartered in Markham, Canada.

Sector: Technology · Industry: Software - Infrastructure

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 10, 2026

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Screened according to AAOIFI Standard 21

Compliance History

  1. Halalnow

    since Sep 2026

  2. Not Halal

    until the change above

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

Fiscal: FY 2026Data source: FMP
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Frequently Asked Questions

Is Sangoma Technologies Corporation (SANG) halal to invest in?
Based on AAOIFI Standard 21 screening, Sangoma Technologies Corporation (SANG) 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 Sangoma Technologies Corporation get a B+ compliance rating?
Sangoma Technologies Corporation (SANG) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 21.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Sangoma Technologies Corporation's Shariah verdict?
Sangoma Technologies Corporation'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 Sangoma Technologies Corporation re-screened for Shariah compliance?
Sangoma Technologies Corporation (SANG) 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: Oct 10, 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.