Is CRWD (CrowdStrike Holdings, Inc.) Halal or Haram?

Based on our AAOIFI-standard shariah screening, CRWD is Halal and considered permissible for Muslim investors. It passed all 4 of 4 compliance screens including business activity review, debt-to-market-cap ratio (0.71% vs ≤33% threshold), interest income ratio (4.05% vs ≤5% threshold), and cash & securities ratio (4.53% vs ≤33% threshold).

CrowdStrike Holdings, Inc. is a leading cybersecurity firm that provides cloud-delivered protection across endpoints, cloud workloads, identity, and data. The company is best known for its Falcon platform, which offers threat intelligence, managed security services, and Zero Trust identity protection to enterprise customers worldwide. For Muslim investors, CrowdStrike is currently classified as a Halal investment, having successfully passed all four AAOIFI screening criteria. This means both its core cybersecurity business activities and its underlying financial structures align with Islamic finance principles, making it a viable option for a halal portfolio. From a financial perspective, the company boasts an exceptionally clean balance sheet with a debt-to-market cap ratio of just 0.7%, well below the 33% limit. Additionally, its cash and securities sit at a safe 4.5% of market cap, though investors should note its interest-bearing income is currently at 4.05%, which is approaching the 5% maximum threshold. While there are no major scholarly debates regarding the permissibility of cybersecurity software, Muslim investors should closely monitor CrowdStrike's interest income in future quarterly reports. Ensuring this non-operating income remains below the 5% limit is essential for maintaining its shariah-compliant status. CrowdStrike Holdings, Inc. operates in the Technology sector under the Software - Infrastructure industry and is headquartered in Austin, TX, US. The company is led by CEO George R. Kurtz and employs approximately 10,118 people.

CRWD was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. CRWD passed 4 of these 4 screens.

Although CRWD passes all shariah screens, it does earn $195.0M in interest income (4.05% of revenue). Many scholars recommend purifying this portion by donating the equivalent percentage of any dividends received to charity. For example, if you receive $100 in dividends, you would donate approximately $4.05 to purify the income.

CRWD was last screened on 2026-04-29. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.