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Is UBER (Uber Technologies, Inc.) Halal or Haram?

New York Stock ExchangeTechnologySoftware - Application$148.75B2026-02-24
UBER is Halal4/4 screens passed

Uber Technologies demonstrates strong alignment with AAOIFI standards, comfortably passing all financial thresholds with a low debt-to-market cap ratio of 9.1% and minimal interest income at just 1.43% of revenue. The company' s core operations in Mobility, Delivery, and Freight are inherently permissible, making it a viable option for shariah-conscious portfolios . Investors can be confident in its current status given the significant buffer below the 33% debt and cash limits.

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$76.73+2.63 (+3.55%)
2026-05-072026-04-30

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2026-05-0779.8380.8376.3076.7327.0M-3.88%
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Shariah Screening Details for UBER

Business Activity

Permissible

Uber passes the business activity screen as its core revenue comes from permissible services: connecting riders with drivers and facilitating food and freight delivery logistics.

Debt / Market Cap

9.06%

Debt: $13.47BThreshold: ≤33%

Interest Income

1.43%

Interest: $743.0MThreshold: ≤5%

Cash & Securities

5.56%

Cash: $8.26BThreshold: ≤33%

About Uber Technologies, Inc. (UBER)

Uber Technologies is the global leader in the gig economy, primarily operating through its Mobility segment for ride-hailing and its Delivery segment, which includes Uber Eats and grocery services. Beyond moving people and food, the company has expanded into logistics with Uber Freight, creating a massive digital marketplace that connects consumers with independent service providers across North America, Europe, and beyond. This diversified platform allows Uber to dominate urban transportation and last-mile delivery markets simultaneously.

For Muslim investors, Uber is currently classified as Halal, having passed all four AAOIFI screening criteria. The company's business model is fundamentally permissible , as it derives revenue from service fees and commissions rather than prohibited activities like gambling or alcohol production. This 'Pass' status means that you can include Uber in your portfolio without the need for purification, assuming the small percentage of non-compliant income remains negligible .

Financially, Uber presents a clean profile for Islamic screening, with interest-bearing debt sitting at only 9 .1% of its market capitalization—well below the 33% limit. Furthermore, its interest income accounts for just 1 .43% of total revenue, indicating that the company is focused on operational growth rather than earning money from cash deposits . This low leverage and minimal reliance on interest make it a robust candidate for halal investment strategies.

While the stock is compliant, investors should remain aware that Uber Eats does deliver from restaurants that serve alcohol or non-halal meat. However, most scholars view the platform's role as a logistics provider rather than a direct seller of these haram goods, keeping the primary business activity permissible. Investors should continue to monitor quarterly reports to ensure debt levels and interest income remain within the safe thresholds as the company scales .

CEO

Dara Khosrowshahi

Employees

31,100

IPO Date

2019-05-10

Headquarters

San Francisco, CA, US

UBER Key Financial Statistics

Revenue

$52.02B

Net Income

$10.05B

EPS (Diluted)

$4.71

Stock Price

71.59

Beta

1.21

52-Week Range

60.63-101.99

Total Debt

$13.47B

Total Equity

$27.04B

Current Ratio

1.14

UBER Financial Health & Profitability

Profit Margins

Gross Margin39.8%
Operating Margin10.7%
Net Margin19.3%

Revenue Growth (YoY)

+18.3%

Prior year: $43.98B

Net Debt

$5.73B

Cash: $7.74B — Debt: $13.47B

R&D Spending

$3.40B

% of Revenue

6.5%

Frequently Asked Questions About UBER

Is UBER (Uber Technologies, Inc.) stock halal to invest in?
Based on our AAOIFI-standard shariah screening, UBER 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 (9.06% vs ≤33% threshold), interest income ratio (1.43% vs ≤5% threshold), and cash & securities ratio (5.56% vs ≤33% threshold).
What does Uber Technologies, Inc. do?
Uber Technologies is the global leader in the gig economy, primarily operating through its Mobility segment for ride-hailing and its Delivery segment, which includes Uber Eats and grocery services. Beyond moving people and food, the company has expanded into logistics with Uber Freight, creating a massive digital marketplace that connects consumers with independent service providers across North America, Europe, and beyond. This diversified platform allows Uber to dominate urban transportation and last-mile delivery markets simultaneously. For Muslim investors, Uber is currently classified as Halal, having passed all four AAOIFI screening criteria. The company's business model is fundamentally permissible , as it derives revenue from service fees and commissions rather than prohibited activities like gambling or alcohol production. This 'Pass' status means that you can include Uber in your portfolio without the need for purification, assuming the small percentage of non-compliant income remains negligible . Financially, Uber presents a clean profile for Islamic screening, with interest-bearing debt sitting at only 9 .1% of its market capitalization—well below the 33% limit. Furthermore, its interest income accounts for just 1 .43% of total revenue, indicating that the company is focused on operational growth rather than earning money from cash deposits . This low leverage and minimal reliance on interest make it a robust candidate for halal investment strategies. While the stock is compliant, investors should remain aware that Uber Eats does deliver from restaurants that serve alcohol or non-halal meat. However, most scholars view the platform's role as a logistics provider rather than a direct seller of these haram goods, keeping the primary business activity permissible. Investors should continue to monitor quarterly reports to ensure debt levels and interest income remain within the safe thresholds as the company scales . Uber Technologies, Inc. operates in the Technology sector under the Software - Application industry and is headquartered in San Francisco, CA, US. The company is led by CEO Dara Khosrowshahi and employs approximately 31,100 people.
What screening criteria were used for UBER?
UBER 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. UBER passed 4 of these 4 screens.
Does UBER require income purification?
Although UBER passes all shariah screens, it does earn $743.0M in interest income (1.43% 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 $1.43 to purify the income.
When was UBER last screened?
UBER was last screened on 2026-02-24. 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.

Disclaimer

This shariah compliance assessment for UBER (Uber Technologies, Inc.) is provided for informational purposes only and does not constitute financial, investment, or religious advice. Screening criteria are based on widely accepted AAOIFI standards, but individual scholars may differ in their opinions. Always consult with a qualified Islamic scholar and licensed financial advisor before making investment decisions. Past screening status does not guarantee future compliance. Last screened: 2026-02-24.

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