Is Maplebear Inc. (CART) Halal?

NASDAQ Consumer Cyclical United States $9.4B
✓ HALAL
Confidence: 95/100
Maplebear Inc. (CART) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 0.4% against the AAOIFI threshold of 30%, Maplebear Inc. comfortably passes the key financial ratio tests. The company operates in the Consumer Cyclical sector (Internet Retail), 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 0.4%
/ 30%
6.9%
/ 30%
11.3%
/ 30%
1.52%
/ 5%
✓ HALAL
DJIM 0.4%
/ 33%
6.9%
/ 33%
11.3%
/ 33%
1.52%
/ 5%
✓ HALAL
MSCI 1.0%
/ 33%
18.6%
/ 33%
30.6%
/ 33%
1.52%
/ 5%
✓ HALAL
S&P 0.4%
/ 33%
6.9%
/ 33%
11.3%
/ 33%
1.52%
/ 5%
✓ HALAL
FTSE 1.0%
/ 33%
18.6%
/ 33%
30.6%
/ 50%
1.52%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
22.3
Forward: 7.6
EPS
$1.60
P/B Ratio
3.4
EV/EBITDA
15.3
EV: $8.1B
Revenue
$3.7B
Growth: 12.3%
Beta
1.0
Average volatility
Current Ratio
2.4

Profitability

Gross Margin 73.7%
Operating Margin 10.0%
Net Margin 11.9%
Return on Equity (ROE) 14.9%
Return on Assets (ROA) 8.0%

Cash Flow & Balance Sheet

Operating Cash Flow$971M
Free Cash Flow$910M
Total Debt$36M
Debt-to-Equity1.3
Current Ratio2.4
Total Assets$3.7B

Price & Trading

Last Close$36.29
50-Day MA$37.08
200-Day MA$41.89
Avg Volume5.2M
Beta1.0
52-Week Range
$32.73
$53.50

About Maplebear Inc. (CART)

CEO
Mr. Chris Rogers
Employees
3,600
Sector
Consumer Cyclical
Industry
Internet Retail
Country
United States
Exchange
NASDAQ
Market Cap
$9.4B
Currency
USD

Maplebear Inc., doing business as Instacart, operates as a technology and enablement partner for the grocery industry in the United States and internationally. The company offers Instacart Marketplace which helps retailers serve customers' needs by supporting fulfillment options, shopping occasions, and categories; Instacart Enterprise platform, an end-to-end technology solution for retailers across all aspects of business; and Instacart Ads, enables brands to learn more about general consumer behavior from discovery to purchase, offering insights about how to optimize advertising spend. It also provides advertising solutions, including sponsored product ads, display ads, coupons, and brand pages; and software-as-a-service. The company's services can be provided through company's mobile application or website. Maplebear Inc., was incorporated in 2012 and is headquartered in San Francisco, California.

Purification Calculator

As a halal stock with 1.52% impermissible income, you need to purify your dividends.

Enter your dividends to calculate purification amount

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Frequently Asked Questions

Is Maplebear Inc. (CART) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Maplebear 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 Maplebear Inc.'s debt ratio?

Maplebear Inc.'s debt ratio is 0.4% 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 1.0%.

Does Maplebear Inc. require dividend purification?

Yes, Maplebear Inc. has an impermissible income ratio of 1.52%, which means 1.52% 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 Maplebear Inc.'s key financial metrics?

Maplebear Inc. has a market capitalization of $9.4B, trailing P/E ratio of 22.3, and revenue of $3.7B. The company maintains a gross margin of 73.7% and a net margin of 11.9%. Return on equity stands at 14.9%.

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.