Is INTU (Intuit Inc.) Halal or Haram?

Based on our AAOIFI-standard shariah screening, INTU 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 (6.05% vs ≤33% threshold), interest income ratio (0.93% vs ≤5% threshold), and cash & securities ratio (4.15% vs ≤33% threshold).

Intuit Inc. is a global technology leader in financial management software, best known for its flagship products like QuickBooks, TurboTax, and Credit Karma. The company primarily serves consumers, small businesses, and accounting professionals by providing cloud-based and desktop solutions for accounting, tax preparation, and personal finance management. For Muslim investors using the AAOIFI methodology, Intuit is categorized as a Halal stock, having successfully passed all four compliance screens. This means both its core business activities in software development and its corporate financial practices align with Islamic investing principles, offering a permissible route to gain exposure to the enterprise software sector. From an Islamic finance perspective, Intuit boasts strong financial health with exceptionally low leverage, carrying a Debt to Market Cap ratio of only 6.1%. Its interest-bearing cash reserves are also minimal at 4.1%, and the company derives just 0.93% of its revenue from impermissible interest income, highlighting a business model driven by subscription and service fees rather than debt financing. While Intuit's core software is fully compliant, investors should monitor its Credit Karma segment, which involves credit card and loan recommendations. However, since Intuit primarily acts as an aggregator and lead generator rather than a direct interest-charging lender, the revenue remains permissible under current AAOIFI guidelines as long as direct interest income stays below the 5% threshold. Intuit Inc. operates in the Technology sector under the Software - Application industry and is headquartered in Mountain View, CA, US. The company is led by CEO Sasan K. Goodarzi and employs approximately 18,800 people.

INTU 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. INTU passed 4 of these 4 screens.

Although INTU passes all shariah screens, it does earn $175.0M in interest income (0.93% 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 $0.93 to purify the income.

INTU 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.