Is Expensify, Inc. (EXFY) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 7.2% / 30% | 54.4% / 30% | 14.7% / 30% | 0.0% / 5% | ✗ NOT HALAL |
| DJIM | 7.2% / 33% | 54.4% / 33% | 14.7% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| MSCI | 3.7% / 33% | 28.1% / 33% | 7.6% / 33% | 0.0% / 5% | ✓ HALAL |
| S&P | 7.2% / 33% | 54.4% / 33% | 14.7% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| FTSE | 3.7% / 33% | 28.1% / 33% | 7.6% / 50% | 0.0% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 50.3% | |
| Operating Margin | -11.2% | |
| Net Margin | -15.1% | |
| Return on Equity (ROE) | -16.4% | |
| Return on Assets (ROA) | -6.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $20M |
| Free Cash Flow | $17M |
| Total Debt | $6M |
| Debt-to-Equity | 4.3 |
| Current Ratio | 3.3 |
| Total Assets | $186M |
Price & Trading
| Last Close | $0.85 |
| 50-Day MA | $1.16 |
| 200-Day MA | $1.66 |
| Avg Volume | 761K |
| Beta | 1.7 |
|
52-Week Range
$0.69
| |
About Expensify, Inc. (EXFY)
Expensify, Inc. provides a cloud-based expense management software platform in the United States and internationally. The company offers Expensify, a platform that engages in managing corporate cards, paying bills, generating invoices, collecting payments, and booking travel, as well as track and submit plans for individuals. It serves individuals and corporations, small and midsized businesses, and enterprises. The company was founded in 2008 and is based in San Francisco, California.
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Frequently Asked Questions
Is Expensify, Inc. (EXFY) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Expensify, 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 Expensify, Inc.'s debt ratio?
Expensify, Inc.'s debt ratio is 7.2% 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 3.7%.
What are Expensify, Inc.'s key financial metrics?
Expensify, Inc. has a market capitalization of $75M, and revenue of $142M. The company maintains a gross margin of 50.3% and a net margin of -15.1%. Return on equity stands at -16.4%.
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.