Is Docebo Inc. (DCBO) Halal?

NASDAQ Technology Canada $431M
✓ HALAL
Confidence: 95/100
Docebo Inc. (DCBO) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 0.5% against the AAOIFI threshold of 30%, Docebo 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 0.5%
/ 30%
13.2%
/ 30%
10.0%
/ 30%
0.77%
/ 5%
✓ HALAL
DJIM 0.5%
/ 33%
13.2%
/ 33%
10.0%
/ 33%
0.77%
/ 5%
✓ HALAL
MSCI 1.2%
/ 33%
35.8%
/ 33%
27.1%
/ 33%
0.77%
/ 5%
✗ NOT HALAL
S&P 0.5%
/ 33%
13.2%
/ 33%
10.0%
/ 33%
0.77%
/ 5%
✓ HALAL
FTSE 1.2%
/ 33%
35.8%
/ 33%
27.1%
/ 50%
0.77%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
13.0
Forward: 8.6
EPS
$1.28
P/B Ratio
6.5
EV/EBITDA
13.1
EV: $407M
Revenue
$243M
Growth: 10.5%
Beta
0.8
Average volatility
Current Ratio
1.2

Profitability

Gross Margin 80.2%
Operating Margin 15.4%
Net Margin 15.5%
Return on Equity (ROE) 56.9%
Return on Assets (ROA) 9.3%

Cash Flow & Balance Sheet

Operating Cash Flow$28M
Free Cash Flow$27M
Total Debt$3M
Debt-to-Equity3.5
Current Ratio1.2
Total Assets$207M

Price & Trading

Last Close$17.68
50-Day MA$18.72
200-Day MA$24.75
Avg Volume208K
Beta0.8
52-Week Range
$16.07
$33.70

About Docebo Inc. (DCBO)

CEO
Mr. Alessio Artuffo
Employees
966
Sector
Technology
Industry
Software - Application
Country
Canada
Exchange
NASDAQ
Market Cap
$431M
Currency
USD

Docebo Inc. develops and provides learning management platform for training in Canada, the United States, and internationally. The company's cloud platform consists of a learning suite, which includes Docebo Learn platform, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Content Marketplace, an access to off-the-shelf learning content and provide predeveloped learning content; Insights module allows organizations to understand the results of learning programs with data visualizations; Learning Evaluation module to incorporate the learner's perspective into analyses by collection of feedback; and Advanced Analytics Pack to integrate learning data into data ecosystem and BI tool. It also offers Communities module enabling interactive learner communities; eCommerce module that monetize from digital training contents, as well as manage and sells training offerings; eCommerce module to monetize training programs; Docebo Integrations; Headless Learning allows businesses to build learning experiences outside of the Docebo learning environment; Harmony Search, an AI-powered search capability. In addition, the company provides Docebo Creator enables organizations to design, scale, and deploy learning contents; Docebo for Salesforce, an integration of Salesforce's APIs and technology architecture to deliver a learning experience within Salesforce workflows; Docebo Embed (OEM) enables original equipment manufacturers to embed and resell the Docebo learning platform; Docebo Branded Mobile App Publisher, allows organizations to create and distribute a branded version of Docebo's mobile learning application; Docebo Extended Enterprise supports customer education, partner enablement, and retention by enabling organizations to train external audiences from a single LMS; and Docebo for Microsoft Teams. The company was founded in 2005 and is headquartered in Toronto, Canada.

Purification Calculator

As a halal stock with 0.77% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is Docebo Inc. (DCBO) halal to invest in?

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

Docebo Inc.'s debt ratio is 0.5% 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 1.2%.

Does Docebo Inc. require dividend purification?

Yes, Docebo Inc. has an impermissible income ratio of 0.77%, which means 0.77% 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 Docebo Inc.'s key financial metrics?

Docebo Inc. has a market capitalization of $431M, trailing P/E ratio of 13.0, and revenue of $243M. The company maintains a gross margin of 80.2% and a net margin of 15.5%. Return on equity stands at 56.9%.

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.