
Is UBER (Uber Technologies, Inc.) Halal or Haram?
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.
Price Chart (5D)
UBER — Last 7 Days
| Date | Open | High | Low | Close | Volume | Change |
|---|---|---|---|---|---|---|
| 2026-05-07 | 79.83 | 80.83 | 76.30 | 76.73 | 27.0M | -3.88% |
| 2026-05-06 | 77.46 | 80.11 | 76.70 | 79.17 | 35.8M | +2.21% |
| 2026-05-05 | 74.25 | 74.80 | 72.67 | 72.95 | 27.4M | -1.75% |
| 2026-05-04 | 74.93 | 75.32 | 73.52 | 73.93 | 13.9M | -1.33% |
| 2026-05-01 | 75.11 | 75.66 | 74.58 | 75.12 | 10.9M | +0.01% |
| 2026-04-30 | 74.32 | 75.02 | 73.04 | 74.61 | 16.1M | +0.39% |
| 2026-04-29 | 73.67 | 74.73 | 72.78 | 74.47 | 11.8M | +1.09% |
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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%
Interest Income
1.43%
Cash & Securities
5.56%
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
Website
www.uber.comUBER 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
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
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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.