--- title: "Is Uber Technologies Stock Halal?" canonical: https://www.halalwallet.ca/is-it-halal/uber-technologies-stock publisher: HalalWallet license: CC BY 4.0 verdict: halal verdict_label: Halal entity_type: stock ticker: UBER exchange: NYSE last_reviewed: 2026-06-14 data_as_of: 2026-03-31 standards_disagree: false authorities_with_position: 3 authority_agreement: unanimous --- # Is Uber Technologies Stock Halal? **Authority consensus:** All 3 halal screening authorities with a published position rate Uber Technologies, Inc. halal. **Verdict: Halal** (Generally permissible) Uber Technologies, Inc. (UBER) passes our AAOIFI-based screen. Its core business is permissible, and (data as of 2026-03-31) interest-bearing debt is 7.5% of market cap and cash plus interest-bearing securities 4.3% — 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 Uber runs a platform that connects riders with drivers (Mobility), consumers with restaurants and stores (Delivery), and shippers with carriers (Freight). Its fiscal 2025 revenue of $52.0 billion is led by Mobility at roughly 57%, with Delivery near a third and Freight about a tenth. The underlying activities, transportation and delivery logistics, are permissible, so the screen turns on a few specific items rather than the model as a whole. Two facts deserve attention. On alcohol, Uber closed the standalone Drizly app and brand in March 2024, but it did not exit alcohol delivery: Uber Eats still delivers beer, wine, and liquor where local law allows, which Uber has described as 35 U.S. states and more than 25 countries. That revenue is not separately disclosed and is a small slice of the Delivery business. On interest, Uber reported $743 million of interest income for 2025, an interest-linked item that screeners weigh against their tolerance and that investors would purify from any dividends (Uber does not currently pay one). Despite these items, Uber is currently held by both SPUS (as of June 11, 2026) and HLAL (as of February 28, 2026), meaning it passes the financial-ratio and industry screens of both major US Shariah methodologies at those dates, with the alcohol-delivery and interest exposure apparently within their tolerances. For a Muslim investor, Uber currently screens as compliant across both funds, with the honest caveats that some impermissible exposure exists, that purification logic applies to interest income, and that status can change with the company's revenue mix and ratios. ## Business activity screen Result: Pass Uber Technologies, Inc. operates a global platform across three segments: Mobility (ride-hailing), Delivery (Uber Eats food and grocery), and Freight. Per its fiscal 2025 results (year ended December 31, 2025), total revenue was $52,017 million, with Mobility the largest segment (about 57% of revenue, roughly $29.7B), Delivery about 33% (roughly $17.3B), and Freight about 10% (roughly $5.1B). Ride-hailing, food delivery, and freight brokerage are permissible activities. Two Shariah-relevant items: (1) Alcohol delivery: Uber shut down the standalone Drizly app and brand in March 2024, but Uber Eats continues to deliver beer, wine, and liquor where permitted (reported by Uber as operating in 35 U.S. states and 25+ countries); alcohol-delivery revenue is not separately disclosed and is a small part of Delivery. Uber Eats also delivers pork and other items. (2) Interest income: Uber reported $743 million of interest income for full-year 2025 (against $440M of interest expense), an interest-linked line measured against AAOIFI tolerance. Despite the alcohol delivery and interest income, Uber is currently held by BOTH SPUS (155,321 shares as of 2026-06-11) and HLAL (55,334 shares as of 2026-02-28), indicating it passes both major US Shariah methodologies as of those dates. ## Financial ratio screen (AAOIFI) Data as of: 2026-03-31 | Screen | Value | Limit | Result | |---|---|---|---| | Interest-bearing debt / market cap | 7.5% | < 30% | Pass | | Cash + interest-bearing securities / market cap | 4.3% | < 30% | Pass | | Impermissible income / total revenue | 1.4% | < 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 All three mainstream bases below reach the same conclusion for this company. | Standard | Debt | Cash & interest securities | Limit / basis | Result | |---|---|---|---|---| | AAOIFI (our standard) | 7.5% | 4.3% | < 30% of market cap | Pass | | Dow Jones Islamic / S&P Shariah threshold | 7.5% | 4.3% | < 33% of market cap | Pass | | MSCI Islamic / FTSE Yasaar basis | 17.6% | 10.2% | < 33.33% of total assets | Pass | 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)**: 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://www.sec.gov/Archives/edgar/data/1683471/000089418926012509/wahedshariah.htm)) ## 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 - UBER latest quarterly filing (balance sheet 2026-03-31) (https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&company=Uber%20Technologies%2C%20Inc.&type=10-Q) - AAOIFI Shariah Standards (https://aaoifi.com) - Uber Q4/Full-Year 2025 results (company IR, financials) (https://investor.uber.com/financials/default.aspx) - Uber closes Drizly alcohol-delivery service, March 2024 (TechCrunch) (https://techcrunch.com/2024/01/16/uber-is-closing-alcohol-delivery-service-drizly-three-years-after-acquistion/) - 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 Uber Technologies, Inc. (UBER) stock halal? Yes, under our AAOIFI-based methodology Uber Technologies, Inc. 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 Uber Technologies, Inc. pass the AAOIFI financial ratio screen? As of 2026-03-31: interest-bearing debt is 7.5% of market cap (limit < 30%); cash plus interest-bearing securities is 4.3% (limit < 30%). The impermissible-income line is verified against the annual filing where noted on this page. ### Is Uber Technologies, Inc. held in halal ETFs like SPUS or HLAL? Yes — as of our last check, Uber Technologies, 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 Uber Technologies, 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 Apple Stock Halal?](https://www.halalwallet.ca/is-it-halal/apple-stock.md) — Halal - [Is Meta Platforms Stock Halal?](https://www.halalwallet.ca/is-it-halal/meta-platforms-stock.md) — Halal - [Is Microsoft Stock Halal?](https://www.halalwallet.ca/is-it-halal/microsoft-stock.md) — Halal - [Is NVIDIA Stock Halal?](https://www.halalwallet.ca/is-it-halal/nvidia-stock.md) — Halal - [Is PepsiCo Stock Halal?](https://www.halalwallet.ca/is-it-halal/pepsico-stock.md) — Halal - [Is Salesforce Stock Halal?](https://www.halalwallet.ca/is-it-halal/salesforce-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