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

Block, Inc. (SQ) has a Shariah compliance score of 78/100 (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 Block, Inc. pass AAOIFI screening?

Block, Inc. (SQ) passes 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% (SQ: 4.5%), (3) interest-bearing deposits below 30% (SQ: 21.9%), and (4) prohibited income below 5% (SQ: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

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

Block, Inc. (SQ) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from SQ 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 Block, Inc. for Shariah compliance for free?

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

SQ: Is Block, Inc. Halal?

Block, Inc.

NYSETechnologyUS

$83.46

+0.57%

Market Cap: 51.7B

Compliance Status

Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

B+

Good

78Score

Is Block, Inc. (SQ) halal? Halal. Based on AAOIFI screening, Block, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 78/100 (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%.

4.5% of 30.0% limit

What this means for you

You can own SQ

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

No purification owed

Based on the latest screening, none of its income comes from prohibited sources.

About Block, Inc.

Block, Inc., a company founded in 2009 and headquartered in San Francisco, California, (previously known as Square, Inc. until its rebranding in December 2021), develops a wide array of financial technology tools. Primarily, it equips businesses with solutions to process card payments efficiently, offering robust reporting and analytics, coupled with rapid next-day settlement services. Their hardware offerings cover various transaction needs: from the basic Magstripe reader for swiped cards, to the Contactless and chip reader compatible with EMV chip cards and Near Field Communication (NFC) payments. They also provide the Square Stand, which converts an iPad into a complete payment terminal; the integrated Square Register, combining hardware, point-of-sale software, and payment processing; and the versatile Square Terminal, a modern device that replaces traditional keypad terminals with its tap, dip, and swipe capabilities and built-in receipt printer. The company's extensive software suite addresses diverse business requirements, including Square Point of Sale, Square Appointments for scheduling, specialized platforms like Square for Retail and Square for Restaurants, and online commerce solutions via Square Online and Square Online Checkout. Additional tools encompass Square Invoices, Square Virtual Terminal, Square Team Management, Square Contracts, and comprehensive loyalty, marketing, and gift card programs, all managed through the Square Dashboard. Moreover, Block, Inc. supports the developer community with a platform featuring application programming interfaces (APIs) and software development kits (SDKs). Beyond its core merchant services, the company also offers the popular Cash App for individual money management (sending, spending, and storing funds) and Weebly, which provides website hosting and domain name registration solutions. Block, Inc. maintains a global presence, serving customers across the United States, Canada, Japan, Australia, Ireland, France, Spain, and the United Kingdom.

Sector: Technology · Industry: Software - Infrastructure

Read Full Analysis

Is Block Inc. (SQ) Stock Halal? Shariah Compliance Analysis

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 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 2025Data source: FMP

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Frequently Asked Questions

Is Block, Inc. (SQ) halal to invest in?

Based on AAOIFI Standard 21 screening, Block, Inc. (SQ) 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 Block, Inc. get a B+ compliance rating?

Block, Inc. (SQ) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 4.5% (limit 30%); interest-bearing deposits of 21.9% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Block, Inc.'s Shariah verdict?

Block, 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 Block, Inc. re-screened for Shariah compliance?

Block, Inc. (SQ) 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 20, 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.