Is DOCUSIGN, INC. (DOCU) Halal?

NASDAQ Technology United States $8.9B
✓ HALAL
Confidence: 95/100
DOCUSIGN, INC. (DOCU) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 1.3% against the AAOIFI threshold of 30%, DOCUSIGN, 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 January 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 1.3%
/ 30%
9.9%
/ 30%
4.5%
/ 30%
1.67%
/ 5%
✓ HALAL
DJIM 1.3%
/ 33%
9.9%
/ 33%
4.5%
/ 33%
1.67%
/ 5%
✓ HALAL
MSCI 3.1%
/ 33%
24.0%
/ 33%
11.0%
/ 33%
1.67%
/ 5%
✓ HALAL
S&P 1.3%
/ 33%
9.9%
/ 33%
4.5%
/ 33%
1.67%
/ 5%
✓ HALAL
FTSE 3.1%
/ 33%
24.0%
/ 33%
11.0%
/ 50%
1.67%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
30.9
Forward: 9.1
EPS
$1.48
P/B Ratio
4.7
EV/EBITDA
24.3
EV: $8.2B
Revenue
$3.0B
Growth: 7.8%
Beta
1.1
Average volatility
Current Ratio
0.7

Profitability

Gross Margin 79.6%
Operating Margin 10.5%
Net Margin 9.6%
Return on Equity (ROE) 15.8%
Return on Assets (ROA) 4.5%

Cash Flow & Balance Sheet

Operating Cash Flow$1.0B
Free Cash Flow$920M
Total Debt$124M
Debt-to-Equity9.7
Current Ratio0.7
Total Assets$4.0B

Price & Trading

Last Close$47.18
50-Day MA$48.58
200-Day MA$66.83
Avg Volume4.7M
Beta1.1
52-Week Range
$40.16
$94.67

About DOCUSIGN, INC. (DOCU)

CEO
Mr. Allan C. Thygesen
Employees
7,044
Sector
Technology
Industry
Software - Application
Country
United States
Exchange
NASDAQ
Market Cap
$8.9B
Currency
USD

DocuSign, Inc. provides electronic signature solution in the United States and internationally. The company offers AI-powered intelligent agreement management (IAM) platform to optimize the gain intelligence and automation across the entire agreement lifecycle; and provides e-signature solution that enables sending and signing of agreements on various devices; Contract Lifecycle Management (CLM), which automates workflows across the entire agreement process; and Document Generation streamlines the process of generating new, custom agreements. It also provides Identify, a signer-identification option for checking government-issued IDs; Standards-Based Signatures, which support signatures that involve digital certificates; Monitor that uses advanced analytics; Notary which enables notaries public to conduct remote online notarization transactions; and Web Forms. In addition, the company offers Real Estate for eSignature that provides a way for brokers and agents to manage the entire real estate transaction digitally. eSignature and CLM are Federal Risk and Authorization Management Program (FedRAMP), an authorized version of DocuSign eSignature for U.S. federal government agencies; and life sciences modules that support compliance with the electronic signature practices. The company sells its products through direct and partner-assisted sales, and digital self-service purchasing. DocuSign, Inc. was incorporated in 2003 and is headquartered in San Francisco, California.

Purification Calculator

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Frequently Asked Questions

Is DOCUSIGN, INC. (DOCU) halal to invest in?

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

DOCUSIGN, INC.'s debt ratio is 1.3% 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 3.1%.

Does DOCUSIGN, INC. require dividend purification?

Yes, DOCUSIGN, INC. has an impermissible income ratio of 1.67%, which means 1.67% 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 DOCUSIGN, INC.'s key financial metrics?

DOCUSIGN, INC. has a market capitalization of $8.9B, trailing P/E ratio of 30.9, and revenue of $3.0B. The company maintains a gross margin of 79.6% and a net margin of 9.6%. Return on equity stands at 15.8%.

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.