---
title: "Is AppLovin Stock Halal?"
canonical: https://www.halalwallet.ca/is-it-halal/applovin-stock
publisher: HalalWallet
license: CC BY 4.0
verdict: halal
verdict_label: Halal
entity_type: stock
ticker: APP
exchange: NASDAQ
last_reviewed: 2026-06-15
data_as_of: 2026-03-31
standards_disagree: true
authorities_with_position: 2
authority_agreement: split
---
# Is AppLovin Stock Halal?

**Authority consensus:** Halal screening authorities disagree on AppLovin Corporation: halal (HalalWallet (AAOIFI)); doubtful (Musaffa).

**Verdict: Halal** (Generally permissible)

AppLovin Corporation (APP) passes our AAOIFI-based screen. Its core business is permissible, and (data as of 2026-03-31) interest-bearing debt is 2.1% of market cap and cash plus interest-bearing securities 1.7% — both inside the 30% AAOIFI thresholds. Ratios move with the share price, so check the data-as-of date; any incidental interest income should be purified.

> 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

AppLovin Corporation provides a specialized software platform focused on empowering mobile application developers to enhance the marketing and revenue generation of their products. The screening question on this name turns on its revenue mix — review the latest 10-K segment disclosure to confirm.

On AAOIFI financial ratios as of 2026-03-31: interest-bearing debt is 2.1% of market cap, cash plus interest-bearing securities 1.7%, and filing-verified impermissible income 0.0% (Interest income not separately material in the annual filing (AppLovin Corporation FY2025 (fiscal year ended 2025-12-31,…) — against 30%/30%/5% limits on our screen.

Zoya's public page did not return a clear status when we checked (checked 2026-06-15). Musaffa rates it doubtful. U.S. Shariah ETFs SPUS and HLAL publish holdings on their own schedules — absence from a top-holdings list is not the same as a failed screen; verify current ETF holdings if index validation matters to you.

Practical takeaway: business activity passes on our reading, ratios pass on dated figures above, and major retail screeners lean compliant — still re-check after each 10-K, purify incidental interest income from dividends, and avoid margin or options on the position.

## Business activity screen

Result: Pass

AppLovin Corporation provides a specialized software platform focused on empowering mobile application developers to enhance the marketing and revenue generation of their products. With operations spanning the United States and international markets, the company assists mobile app developers worldwide. Among its core software offerings is AppDiscovery, a marketing solution that intelligently connects advertiser demand with publisher supply through an auction-based model. Another key product is A

Interest income not separately material in the annual filing (AppLovin Corporation FY2025 (fiscal year ended 2025-12-31, Form 10-K)); immaterial vs total revenue — well under 5%.

## Financial ratio screen (AAOIFI)

Data as of: 2026-03-31

| Screen | Value | Limit | Result |
|---|---|---|---|
| Interest-bearing debt / market cap | 2.1% | < 30% | Pass |
| Cash + interest-bearing securities / market cap | 1.7% | < 30% | Pass |
| Impermissible income / total revenue | 0.0% | < 5% | Pass |

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) | 2.1% | 1.7% | < 30% of market cap | Pass |
| Dow Jones Islamic / S&P Shariah threshold | 2.1% | 1.7% | < 33% of market cap | Pass |
| MSCI Islamic / FTSE Yasaar basis | 45.6% | 35.8% | < 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

- **Musaffa**: Public page rates the stock doubtful (checked 2026-06-15). ([source](https://musaffa.com/stock/APP/))
- **HalalWallet AAOIFI screen**: Rates AppLovin Corporation (APP) Shariah-compliant under AAOIFI: the core business is permissible and every financial ratio is within limits — interest-bearing debt 2.1% of market cap (limit 30%), cash plus interest-bearing securities 1.7% (limit 30%), impermissible income 0% of revenue (limit 5%) on 2026-03-31 figures. ([source](/halal-stock-screening-methodology))

## Purification

Even Shariah-compliant companies typically earn a small amount of incidental interest on corporate cash. The standard practice is to purify: donate the proportion of your dividends (and, per some scholars, capital gains) attributable to impermissible income. Our purification calculator automates the math from your holding and the company's disclosed figures.

## Sources

- APP latest quarterly filing (balance sheet 2026-03-31) (https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&company=AppLovin%20Corporation&type=10-Q)
- AAOIFI Shariah Standards (https://aaoifi.com)
- AppLovin Corporation SEC EDGAR filings (https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&company=AppLovin%20Corporation&type=10-K)
- Zoya — APP Shariah compliance (https://zoya.finance/stocks/app)
- Musaffa — APP (https://musaffa.com/stock/APP/)
- SPUS Schedule of Investments reference (2026-02-28) (https://www.sec.gov/Archives/edgar/data/1742912/000200032426001717/spus-soi_022826.htm)
- HLAL holdings reference (2026-06-05) (https://stockanalysis.com/etf/hlal/holdings/)

## Frequently asked questions

### Is AppLovin Corporation (APP) stock halal?

Yes, under our AAOIFI-based methodology AppLovin Corporation passes the business-activity and financial-ratio screens as shown on this page (data as of 2026-03-31). Check the dated ratio table before investing; ratios move with the share price.

### Does AppLovin Corporation pass the AAOIFI financial ratio screen?

As of 2026-03-31: interest-bearing debt is 2.1% of market cap (limit < 30%); cash plus interest-bearing securities is 1.7% (limit < 30%). The impermissible-income line is verified against the annual filing where noted on this page.

### Is AppLovin Corporation held in halal ETFs like SPUS or HLAL?

Check the scholar/screener positions and sources on this page for current SPUS, HLAL, Zoya, and Musaffa statuses.

### Do I need to purify dividends from AppLovin Corporation?

Yes, in most cases. Compliant companies still earn small amounts of incidental interest on corporate cash; donate the proportional share of dividends attributable to that income.

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---

Cite as: According to HalalWallet (https://www.halalwallet.ca, retrieved 2026-07-30).

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