---
title: "Is Salesforce Stock Halal?"
canonical: https://www.halalwallet.ca/is-it-halal/salesforce-stock
publisher: HalalWallet
license: CC BY 4.0
verdict: halal
verdict_label: Halal
entity_type: stock
ticker: CRM
exchange: NYSE
last_reviewed: 2026-06-14
data_as_of: 2026-04-30
standards_disagree: true
authorities_with_position: 5
authority_agreement: unanimous
---
# Is Salesforce Stock Halal?

**Authority consensus:** All 5 halal screening authorities with a published position rate Salesforce, Inc. halal.

**Verdict: Halal** (Generally permissible)

Salesforce, Inc. (CRM) passes our AAOIFI-based screen. Its core business is permissible, and (data as of 2026-04-30) interest-bearing debt is 28.9% of market cap and cash plus interest-bearing securities 8.7% — both inside the 30% AAOIFI thresholds. It is independently held by Shariah-screened ETFs SPUS and HLAL, confirming it passes professional screens. 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

Salesforce is the largest pure-play enterprise software-as-a-service company, selling subscriptions to its CRM platform and related clouds (sales, customer service, marketing automation, commerce, the Slack collaboration tool, and MuleSoft/Tableau integration and analytics). From a Shariah business-screen perspective this is about as clean as large-cap software gets: customers are businesses paying subscription fees for software tools, and there is no advertising inventory, lending book, insurance underwriting or entertainment catalog in the company's disclosed revenue. Its Marketing Cloud sometimes prompts questions, but Salesforce earns software-subscription revenue from companies running their own marketing - it does not sell ad space.

Financially, Salesforce carries debt that is small relative to its market value (taken on partly for the Slack acquisition), holds cash and strategic investments that generate some interest income, and has a balance sheet heavy in goodwill from acquisitions - none of which has troubled the major ratio screens in recent assessments. As of June 11, 2026 the documented third-party picture is uniformly positive: CRM is held by both SPUS (S&P Shariah screen) and HLAL (FTSE Shariah screen), and both Zoya and Musaffa publicly rate it compliant/halal under AAOIFI-based methodologies.

For a Muslim investor the practical notes are routine: purify the small incidental-interest portion of any returns as your methodology directs, and re-check status quarterly since compliance is reassessed against each new financial report. Among the mega-cap names, Salesforce currently sits in the least-contested category - passed by all four major public screens checked for this research.

## Business activity screen

Result: Pass

Salesforce provides cloud-based customer relationship management (CRM) software. Its 10-K reports revenue in two lines - subscription and support (the large majority) and professional services and other - with subscription revenue disaggregated across service offerings including Sales, Service, Platform and Other (including Slack), Marketing and Commerce, and Integration and Analytics (MuleSoft and Tableau).

Salesforce's revenue is enterprise software subscriptions and related services; no advertising platform, lending, insurance or entertainment-content revenue lines exist in its filings. Its Marketing Cloud is a tool sold to businesses to run their own marketing (software revenue, not ad-inventory revenue). Compliance-relevant items are limited to interest income on its cash and strategic-investment portfolio (incidental, subject to purification).

## Financial ratio screen (AAOIFI)

Data as of: 2026-04-30

| Screen | Value | Limit | Result |
|---|---|---|---|
| Interest-bearing debt / market cap | 28.9% | < 30% | Pass |
| Cash + interest-bearing securities / market cap | 8.7% | < 30% | Pass |
| Impermissible income / total revenue | 0.4% | < 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) | 28.9% | 8.7% | < 30% of market cap | Pass |
| Dow Jones Islamic / S&P Shariah threshold | 28.9% | 8.7% | < 33% of market cap | Pass |
| MSCI Islamic / FTSE Yasaar basis | 36.8% | 11.1% | < 33.33% of total assets | Fail |

HalalWallet computation reproducing each standard's threshold and denominator from public filings (balance sheet as of 2026-04-30) — 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)**: Held in SPUS as of 2026-06-11 — passed the S&P Shariah screen applied by the fund. ([source](https://www.sp-funds.com/spus/))
- **Wahed FTSE USA Shariah ETF (HLAL)**: Held in HLAL as of 2026-06-11 — passed the FTSE Shariah screen applied by the fund. ([source](https://funds.wahedinvest.com/))
- **Zoya**: Zoya's public stock page rates CRM Shariah-compliant under its AAOIFI-based screen (checked 2026-06-11). ([source](https://zoya.finance/stocks/crm))
- **Musaffa**: Musaffa's public stock page classifies CRM as HALAL under its AAOIFI-based methodology, as of March 2026. ([source](https://musaffa.com/stock/CRM/))

## 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

- CRM latest quarterly filing (balance sheet 2026-04-30) (https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&company=Salesforce%2C%20Inc.&type=10-Q)
- AAOIFI Shariah Standards (https://aaoifi.com)
- Salesforce 10-K filings - SEC EDGAR (CIK 0001108524) (https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001108524&type=10-K)
- SPUS holdings (sp-funds.com, table dated 06/11/2026) (https://www.sp-funds.com/spus/)
- HLAL fund page with official Holdings link (funds.wahedinvest.com) (https://funds.wahedinvest.com/)
- Zoya public compliance page for CRM (https://zoya.finance/stocks/crm)
- Musaffa public compliance page for CRM (https://musaffa.com/stock/CRM/)

## Frequently asked questions

### Is Salesforce, Inc. (CRM) stock halal?

Yes, under our AAOIFI-based methodology Salesforce, Inc. passes the business-activity and financial-ratio screens as shown on this page (data as of 2026-04-30). Check the dated ratio table before investing; ratios move with the share price.

### Does Salesforce, Inc. pass the AAOIFI financial ratio screen?

As of 2026-04-30: interest-bearing debt is 28.9% of market cap (limit < 30%); cash plus interest-bearing securities is 8.7% (limit < 30%). The impermissible-income line is verified against the annual filing where noted on this page.

### Is Salesforce, Inc. held in halal ETFs like SPUS or HLAL?

Yes — as of our last check, Salesforce, Inc. is held by SPUS and HLAL. ETF inclusion confirms it passed those funds' Shariah screens at the holdings date cited in the sources below.

### Do I need to purify dividends from Salesforce, Inc.?

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.

## Related verdicts

- [Is PepsiCo Stock Halal?](https://www.halalwallet.ca/is-it-halal/pepsico-stock.md) — Halal
- [Is AbbVie Stock Halal?](https://www.halalwallet.ca/is-it-halal/abbvie-stock.md) — Halal
- [Is Air Products and Chemicals Stock Halal?](https://www.halalwallet.ca/is-it-halal/air-products-and-chemicals-stock.md) — Halal
- [Is AppLovin Stock Halal?](https://www.halalwallet.ca/is-it-halal/applovin-stock.md) — Halal
- [Is Arista Networks Stock Halal?](https://www.halalwallet.ca/is-it-halal/arista-networks-stock.md) — Halal
- [Is Arm Stock Halal?](https://www.halalwallet.ca/is-it-halal/arm-holdings-plc-american-depositary-shares-stock.md) — 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