What is Snowflake Inc.'s Shariah compliance score?

Snowflake Inc. (SNOW) has a Shariah compliance score of 72/100 (Grade: B+, Good) 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 Snowflake Inc. pass AAOIFI screening?

Snowflake Inc. (SNOW) 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% (SNOW: 2.9%), (3) interest-bearing deposits below 30% (SNOW: 3.7%), and (4) prohibited income below 5% (SNOW: 4.6%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Snowflake Inc. stock?

Snowflake Inc. (SNOW) has a non-permissible income ratio of 4.57%. Muslim investors should purify this percentage of any dividends received and capital gains realized from SNOW 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 Snowflake Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Snowflake Inc. (SNOW) 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 SNOW's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

SNOW: Is Snowflake Inc. Halal?

Snowflake Inc.

NYSETechnologyUS

$268.90

+2.75%

Market Cap: 93.2B

Compliance Status

Doubtful

Screened on Jul 14, 2026 · AAOIFI Standard 21

B+

Good

72Score

Is Snowflake Inc. (SNOW) halal? Doubtful. Based on AAOIFI screening, Snowflake Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 72/100 (Grade: B+).

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%.

2.9% of 30.0% limit

What this means for you

You may own SNOW, with caution

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

Purify 4.6% of your income from SNOW

That is about $4.60 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Snowflake Inc.

Snowflake Inc. delivers a cloud-centric data platform to customers across both the United States and international markets. The company's core offering, known as the Data Cloud, enables users to unify disparate data sources into a singular, reliable foundation. This unified data then facilitates the extraction of crucial business intelligence, the creation of innovative data-driven applications, and secure data sharing. This adaptable platform serves a wide array of organizations, encompassing various sizes and industries. Originating in 2012, the enterprise was initially recognized as Snowflake Computing, Inc., before officially rebranding to Snowflake Inc. in April 2019. Its principal operations are conducted from Bozeman, Montana.

Sector: Technology · Industry: Software - Application

Read Full Analysis

Is Snowflake (SNOW) Stock Halal? Shariah Compliance Analysis

Why This Stock Is Doubtful

Non-compliant income is 4.6% of revenue, only 0.4 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 Jul 14, 2026

Compliance History

Doubtfulnow
since Jun 2026
Halal
until the change above

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

Fiscal: Q1 2027Data source: EDGAR

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Frequently Asked Questions

Is Snowflake Inc. (SNOW) halal to invest in?

Snowflake Inc. (SNOW) 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 Snowflake Inc. get a B+ compliance rating?

Snowflake Inc. (SNOW) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.9% (limit 30%); interest-bearing deposits of 3.7% (limit 30%); prohibited income of 4.57% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Snowflake Inc.'s Shariah verdict?

Snowflake 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 Snowflake Inc. re-screened for Shariah compliance?

Snowflake Inc. (SNOW) 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 14, 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.