Is APPFOLIO INC (APPF) Halal?

NASDAQ Technology United States $5.6B
✓ HALAL
Confidence: 95/100
APPFOLIO INC (APPF) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 0.6% against the AAOIFI threshold of 30%, APPFOLIO INC comfortably passes the key financial ratio tests. The company operates in the Technology sector (Software - Application), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.6%
/ 30%
3.7%
/ 30%
0.9%
/ 30%
0.86%
/ 5%
✓ HALAL
DJIM 0.6%
/ 33%
3.7%
/ 33%
0.9%
/ 33%
0.86%
/ 5%
✓ HALAL
MSCI 5.5%
/ 33%
36.5%
/ 33%
9.3%
/ 33%
0.86%
/ 5%
✗ NOT HALAL
S&P 0.6%
/ 33%
3.7%
/ 33%
0.9%
/ 33%
0.86%
/ 5%
✓ HALAL
FTSE 5.5%
/ 33%
36.5%
/ 33%
9.3%
/ 50%
0.86%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
40.1
Forward: 19.6
EPS
$3.88
P/B Ratio
10.3
EV/EBITDA
32.2
EV: $5.4B
Revenue
$951M
Growth: 21.9%
Beta
0.8
Average volatility
Current Ratio
3.3

Profitability

Gross Margin 63.7%
Operating Margin 17.6%
Net Margin 14.8%
Return on Equity (ROE) 26.5%
Return on Assets (ROA) 14.5%

Cash Flow & Balance Sheet

Operating Cash Flow$242M
Free Cash Flow$236M
Total Debt$38M
Debt-to-Equity7.0
Current Ratio3.3
Total Assets$689M

Price & Trading

Last Close$158.63
50-Day MA$184.20
200-Day MA$233.48
Avg Volume395K
Beta0.8
52-Week Range
$154.16
$326.04

About APPFOLIO INC (APPF)

CEO
Mr. Shane Trigg
Employees
1,702
Sector
Technology
Industry
Software - Application
Country
United States
Exchange
NASDAQ
Market Cap
$5.6B
Currency
USD

AppFolio, Inc., together with its subsidiaries, provides cloud-based platform for the real estate industry in the United States. The company provides a cloud-based platform that assist with accounting, reporting, marketing, leasing, maintenance, workflow automation, and communication services. It offers AppFolio Property Manager Core, a platform that provides the accounting functionalities for small property management companies, as well as serves as a system of record; AppFolio Property Manager Plus, which offers affordable housing and student housing, advanced accounting, advanced data analysis, and read-only API access services; and AppFolio Property Manager Max that provides customer relationship management tools and full database access through a read and write application programming interface services. The company also provides value-added services, such as electronic payment, tenant screening, maintenance, business optimization, resident, and risk mitigation services. It serves property managers, property investors, potential residents, residents, and vendors. AppFolio, Inc. was incorporated in 2006 and is headquartered in Santa Barbara, California.

Purification Calculator

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Frequently Asked Questions

Is APPFOLIO INC (APPF) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), APPFOLIO INC is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is APPFOLIO INC's debt ratio?

APPFOLIO INC's debt ratio is 0.6% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 5.5%.

Does APPFOLIO INC require dividend purification?

Yes, APPFOLIO INC has an impermissible income ratio of 0.86%, which means 0.86% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are APPFOLIO INC's key financial metrics?

APPFOLIO INC has a market capitalization of $5.6B, trailing P/E ratio of 40.1, and revenue of $951M. The company maintains a gross margin of 63.7% and a net margin of 14.8%. Return on equity stands at 26.5%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.