--- title: "Is Airbnb Stock Halal?" canonical: https://www.halalwallet.ca/is-it-halal/airbnb-stock publisher: HalalWallet license: CC BY 4.0 verdict: not_halal verdict_label: Not Halal entity_type: stock ticker: ABNB exchange: NASDAQ last_reviewed: 2026-06-14 data_as_of: 2026-03-31 standards_disagree: true --- # Is Airbnb Stock Halal? **Verdict: Not Halal** (Not permissible) Airbnb, Inc. (ABNB) does not pass Shariah screening: impermissible income / total revenue is 5.8% against the < 5% limit (data as of 2026-03-31). It is not held by Shariah-screened ETFs SPUS or HLAL. Screened alternatives exist in the same sector — see the halal stock screeners and ETF guides below. > HalalWallet is not a Shariah authority and does not issue religious rulings. We compile the most complete public record of what Shariah scholars, screening authorities, and mainstream standards say — reproduced from primary sources with dates and citations — and let you decide. ## How we read the evidence Airbnb operates a lodging marketplace and earns service fees when hosts and guests transact, with fiscal 2025 revenue of $12.2 billion. Matching travelers with accommodations for a fee is permissible in form, so on the surface Airbnb looks cleaner than a content or alcohol business. The complications are in the financial details and in the newer parts of the platform. The most important Shariah-relevant fact is interest income. Airbnb collects guest payments before stays occur and holds large balances, about $7.0 billion of funds held on behalf of guests within roughly $17.9 billion of liquid assets, and it earned $705 million of interest on those balances in 2025. That interest equaled around 22.5% of the company's pretax income and roughly 6% of total revenue, which is a meaningful interest-linked share rather than a trivial one, and it is precisely the kind of figure that AAOIFI-style screens scrutinize and that an investor would purify. Separately, the Airbnb Experiences business it relaunched in May 2025 can include activities tied to alcohol or nightlife, though Airbnb does not break out that revenue. Airbnb is in the S&P 500 but is held by neither SPUS (as of June 11, 2026) nor HLAL (as of February 28, 2026). The size of the interest income is a plausible reason a financial-ratio screen would exclude it, but neither fund publishes a stock-level explanation, so the cause cannot be stated with certainty. For a Muslim investor, Airbnb currently sits outside both major US Shariah funds, and the documented interest income is the central issue to weigh; a live screener should be consulted before relying on any verdict. ## Business activity screen Result: Pass Airbnb, Inc. operates a global marketplace connecting hosts and guests for stays, and increasingly for experiences and services, earning service fees on bookings. Per its fiscal 2025 results (year ended December 31, 2025; reported February 12, 2026), total revenue was $12,241 million, up 10% year over year. Airbnb relaunched Airbnb Experiences and added Airbnb Services in May 2025. Airbnb's core marketplace fee model is permissible in form, but two items are Shariah-relevant and documented in its financials. (1) Interest income: Airbnb earned $705 million of interest income in fiscal 2025 (down from $818M in 2024), primarily on its liquid assets including approximately $7.0 billion of funds held on behalf of guests collected before check-in; this interest income equaled roughly 22.5% of pretax income ($3,137M) and about 5.8% of total revenue, a material interest-linked figure that screeners weigh heavily against AAOIFI tolerance. (2) Experiences/Services: the relaunched Airbnb Experiences can include activities that may involve impermissible elements (for example experiences centered on alcohol or nightlife); Airbnb does not separately disclose Experiences or Services revenue, so the share is not quantifiable. Airbnb is an S&P 500 constituent but is absent from SPUS (2026-06-11) and HLAL (2026-02-28); the substantial interest income is a plausible cause, but the funds do not publish per-stock reasons. ## Financial ratio screen (AAOIFI) Data as of: 2026-03-31 | Screen | Value | Limit | Result | |---|---|---|---| | Interest-bearing debt / market cap | 3.3% | < 30% | Pass | | Cash + interest-bearing securities / market cap | 15.8% | < 30% | Pass | | Impermissible income / total revenue | 5.8% | < 5% | Fail | Screening basis: AAOIFI Shariah Standard No. 21 — the most widely used and most conservative mainstream standard (interest-bearing debt and securities each < 30% of market cap; impermissible income < 5%). Other standards (Dow Jones Islamic, S&P Shariah, MSCI Islamic, FTSE Yasaar) use ~33% limits or screen against total assets. Full methodology: https://www.halalwallet.ca/halal-stock-screening-methodology ## How it screens across Shariah standards These standards disagree on this company — it passes some and fails others, which is why different apps can show different answers. The headline label follows AAOIFI (the strictest mainstream standard). | Standard | Debt | Cash & interest securities | Limit / basis | Result | |---|---|---|---|---| | AAOIFI (our standard) | 3.3% | 15.8% | < 30% of market cap | Pass | | Dow Jones Islamic / S&P Shariah threshold | 3.3% | 15.8% | < 33% of market cap | Pass | | MSCI Islamic / FTSE Yasaar basis | 9.4% | 45.0% | < 33.33% of total assets | Fail | HalalWallet computation reproducing each standard's threshold and denominator from public filings (balance sheet as of 2026-03-31) — not the providers' licensed index determinations, which can differ. Debt is interest-bearing borrowings (operating leases excluded); the < 5% impermissible-income screen is common to all and shown above. Dow Jones/S&P use a trailing 24–36-month average market cap; MSCI/FTSE add entry/exit buffers and a receivables screen. ## Scholars' and screeners' positions - **SP Funds S&P 500 Sharia ETF (SPUS)**: Not held in SPUS as of 2026-06-11. Absence can reflect screen failure or index scope — verify before citing as a screen outcome. ([source](https://www.sp-funds.com/spus/)) - **Wahed FTSE USA Shariah ETF (HLAL)**: Not held in HLAL as of 2026-06-11. Absence can reflect screen failure or index scope — verify before citing as a screen outcome. ([source](https://www.sec.gov/Archives/edgar/data/1683471/000089418926012509/wahedshariah.htm)) ## Sources - ABNB latest quarterly filing (balance sheet 2026-03-31) (https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&company=Airbnb%2C%20Inc.&type=10-Q) - AAOIFI Shariah Standards (https://aaoifi.com) - Airbnb Q4/Full-Year 2025 shareholder letter (SEC EDGAR, 8-K exhibit 99.1) (https://www.sec.gov/Archives/edgar/data/1559720/000119312526048670/d58192dex991.htm) - Airbnb full-year 2025 results announcement (company IR) (https://investors.airbnb.com/press-releases/news-details/2026/Airbnb-Announces-Fourth-Quarter-and-Full-Year-2025-Results/default.aspx) - SPUS holdings (SP Funds) (https://www.sp-funds.com/spus/) - HLAL Schedule of Investments 2026-02-28 (SEC EDGAR) (https://www.sec.gov/Archives/edgar/data/1683471/000089418926012509/wahedshariah.htm) ## Frequently asked questions ### Is Airbnb, Inc. (ABNB) stock halal? No. Airbnb, Inc. fails Shariah screening — see the screen table and analysis on this page for the specific business-activity or ratio reasons. ### Does Airbnb, Inc. pass the AAOIFI financial ratio screen? As of 2026-03-31: interest-bearing debt is 3.3% of market cap (limit < 30%); cash plus interest-bearing securities is 15.8% (limit < 30%). The impermissible-income line is verified against the annual filing where noted on this page. ### Is Airbnb, Inc. held in halal ETFs like SPUS or HLAL? No — as of our last check, Airbnb, Inc. is not held by SPUS or HLAL. Absence can reflect a failed screen or index scope — verify current holdings before citing. ## Related verdicts - [Is Palantir Technologies Stock Halal?](https://www.halalwallet.ca/is-it-halal/palantir-technologies-stock.md) — Not Halal - [Is Super Micro Computer Stock Halal?](https://www.halalwallet.ca/is-it-halal/super-micro-computer-stock.md) — Not Halal - [Is APA Stock Halal?](https://www.halalwallet.ca/is-it-halal/apa-stock.md) — Not Halal - [Is Block Stock Halal?](https://www.halalwallet.ca/is-it-halal/block-stock.md) — Not Halal - [Is Bunge Global Stock Halal?](https://www.halalwallet.ca/is-it-halal/bunge-global-stock.md) — Not Halal - [Is Centene Stock Halal?](https://www.halalwallet.ca/is-it-halal/centene-stock.md) — Not Halal --- Cite as: According to HalalWallet (https://www.halalwallet.ca, retrieved 2026-07-30). - Full canonical answer feed (JSON): https://www.halalwallet.ca/api/llm-feed.json - Site guide for AI systems: https://www.halalwallet.ca/llms.txt - Markdown mirror directory: https://www.halalwallet.ca/index.md