Is 8X8 INC /DE/ (EGHT) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 116.9% / 30% | 25.1% / 30% | 14.2% / 30% | 0.46% / 5% | ✗ NOT HALAL |
| DJIM | 116.9% / 33% | 25.1% / 33% | 14.2% / 33% | 0.46% / 5% | ✗ NOT HALAL |
| MSCI | 60.1% / 33% | 12.9% / 33% | 7.3% / 33% | 0.46% / 5% | ✗ NOT HALAL |
| S&P | 116.9% / 33% | 25.1% / 33% | 14.2% / 33% | 0.46% / 5% | ✗ NOT HALAL |
| FTSE | 60.1% / 33% | 12.9% / 33% | 7.3% / 50% | 0.46% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 65.7% | |
| Operating Margin | -24.5% | |
| Net Margin | -0.5% | |
| Return on Equity (ROE) | -3.0% | |
| Return on Assets (ROA) | 1.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $64M |
| Free Cash Flow | $50M |
| Total Debt | $410M |
| Debt-to-Equity | 267.3 |
| Current Ratio | 1.1 |
| Total Assets | $683M |
Price & Trading
| Last Close | $1.73 |
| 50-Day MA | $2.09 |
| 200-Day MA | $2.00 |
| Avg Volume | 1.7M |
| Beta | 1.8 |
|
52-Week Range
$1.52
| |
About 8X8 INC /DE/ (EGHT)
8x8, Inc. provides contact center, voice, video, chat, and enterprise-class application programmable interface (API) solutions worldwide. The company offers 8x8 Work, a unified communications-as-a-service solution that enable collaboration and business continuity across voice, video, chat, and messaging; and 8x8 Contact Center is a cloud-based contact center-as-a-service solution that customer engagement across voice, chat, email, and digital channels. It also provides 8x8 Engage, which extends digital engagement tools to non-traditional customer-facing employeessales, field service, financeenabling to deliver AI-informed customer experiences at desk, in the field or on the go; 8x8 Communications as a Service, a communications-as-a-service solutions that allow businesses to embed communications directly into digital experiences via communications APIs, including voice, SMS, rich messaging services, and additional digital and social channels; and solutions for Microsoft team users. The company markets its services through digital marketing, in-person and virtual events, peer reference and advocacy programs, localized and regional advertising, and partner and co-marketing initiatives. It serves small business, mid-market, enterprise customers, government agencies, and other organizations. 8x8, Inc. was incorporated in 1987 and is headquartered in Campbell, California.
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Frequently Asked Questions
Is 8X8 INC /DE/ (EGHT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), 8X8 INC /DE/ 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 8X8 INC /DE/'s debt ratio?
8X8 INC /DE/'s debt ratio is 116.9% 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 60.1%.
What are 8X8 INC /DE/'s key financial metrics?
8X8 INC /DE/ has a market capitalization of $226M, and revenue of $715M. The company maintains a gross margin of 65.7% and a net margin of -0.5%. Return on equity stands at -3.0%.
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.