Is BLACKLINE, INC. (BL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 41.4% / 30% | 35.0% / 30% | 9.8% / 30% | 4.69% / 5% | ✗ NOT HALAL |
| DJIM | 41.4% / 33% | 35.0% / 33% | 9.8% / 33% | 4.69% / 5% | ✗ NOT HALAL |
| MSCI | 52.3% / 33% | 44.2% / 33% | 12.4% / 33% | 4.69% / 5% | ✗ NOT HALAL |
| S&P | 41.4% / 33% | 35.0% / 33% | 9.8% / 33% | 4.69% / 5% | ✗ NOT HALAL |
| FTSE | 52.3% / 33% | 44.2% / 33% | 12.4% / 50% | 4.69% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 75.2% | |
| Operating Margin | 7.0% | |
| Net Margin | 3.5% | |
| Return on Equity (ROE) | 6.4% | |
| Return on Assets (ROA) | 1.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $170M |
| Free Cash Flow | $135M |
| Total Debt | $920M |
| Debt-to-Equity | 247.8 |
| Current Ratio | 1.5 |
| Total Assets | $1.8B |
Price & Trading
| Last Close | $37.56 |
| 50-Day MA | $41.12 |
| 200-Day MA | $51.31 |
| Avg Volume | 1.2M |
| Beta | 0.9 |
|
52-Week Range
$31.75
| |
About BLACKLINE, INC. (BL)
BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations in the United States and internationally. It offers financial close and consolidation solutions, such as account reconciliations that provides a centralized workspace for users to collaborate on account reconciliations; transaction matching, which analyzes and reconciles individual transactions; task management to create and manage processes and task lists; and financial reporting analytics that enables analysis and validation of financial data. The company also provides journal entry, which allows users to generate, review, and post manual journal entries; variance analysis that offers anomalous fluctuations in balance sheet and income statement account balances; compliance, an integrated solution that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing; and smart close for SAP solution. In addition, it offers credit and risk, collection, dispute and deduction, and team and task management, as well as AR intelligence, electronic invoicing and payment, and cash application solutions. Further, the company provides intercompany create functionality that stores permissions and business logic exceptions by entity, service, and transaction type; intercompany balance and resolve, which records an organization's intercompany transactions; and netting and settlement that enables open intercompany transactions, which integrate with treasury systems. Additionally, it offers implementation, optimization, live and web-based training, and support services. The company sells its solutions primarily through direct sales force to multinational corporations, large domestic enterprises, and mid-market companies across various industries. The company was incorporated in 2001 and is headquartered in Woodland Hills, California.
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Frequently Asked Questions
Is BLACKLINE, INC. (BL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), BLACKLINE, INC. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is BLACKLINE, INC.'s debt ratio?
BLACKLINE, INC.'s debt ratio is 41.4% 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 52.3%.
What are BLACKLINE, INC.'s key financial metrics?
BLACKLINE, INC. has a market capitalization of $2.1B, trailing P/E ratio of 92.4, and revenue of $700M. The company maintains a gross margin of 75.2% and a net margin of 3.5%. Return on equity stands at 6.4%.
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.