Workiva Inc.

WK: Is Workiva Inc. Halal?

Workiva Inc.

NYSETechnologyUS

$52.17

-0.31%

Market Cap: 2.9B

Compliance Status

Doubtful

Screened on Jul 18, 2026 · AAOIFI Standard 21

C-

Borderline

37Score

Is Workiva Inc. (WK) halal? Doubtful. Based on AAOIFI screening, Workiva Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 37/100 (Grade: C-).

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

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

25.2% of 30.0% limit

What this means for you

You may own WK, with caution

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

Purify 4.2% of your income from WK

That is about $4.20 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Workiva Inc.

Workiva Inc. is a global provider of cloud-based software solutions designed to streamline and manage compliance and regulatory reporting. Its flagship offering, the Workiva platform, delivers a suite of advanced capabilities such as secure collaboration, robust data linking and integration, precise granular permissions, efficient process management, and comprehensive audit trails. This platform empowers users to centralize data from various sources, including enterprise resource planning (ERP), governance, risk, and compliance (GRC), human capital management (HCM), customer relationship management (CRM) systems, and numerous other third-party cloud-based or on-premise applications. Workiva serves a diverse clientele that spans public and private companies, governmental organizations, and academic institutions. The company was established in 2008 and is headquartered in Ames, Iowa.

Sector: Technology · Industry: Software - Application

Why This Stock Is Doubtful

  • Debt is 25.2% of market cap, only 4.8 points below the 30% AAOIFI limit
  • Non-compliant income is 4.2% of revenue, only 0.8 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 18, 2026

Compliance History

  1. Doubtfulnow

    since Jul 2026

  2. Not Halal

    until the change above

  3. Doubtful

    until the change above

  4. Not Halal

    until the change above

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

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is Workiva Inc. (WK) halal to invest in?
Workiva Inc. (WK) 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 Workiva Inc. get a C- compliance rating?
Workiva Inc. (WK) received a grade of C- (Borderline) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 25.2% (limit 30%); interest-bearing deposits of 24.8% (limit 30%); prohibited income of 4.24% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Workiva Inc.'s Shariah verdict?
Workiva 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 Workiva Inc. re-screened for Shariah compliance?
Workiva Inc. (WK) 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.