Is Globant S.A. (GLOB) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 18.0% / 30% | 7.0% / 30% | 28.7% / 30% | 0.22% / 5% | ✓ HALAL |
| DJIM | 18.0% / 33% | 7.0% / 33% | 28.7% / 33% | 0.22% / 5% | ✓ HALAL |
| MSCI | 13.0% / 33% | 5.0% / 33% | 20.6% / 33% | 0.22% / 5% | ✓ HALAL |
| S&P | 18.0% / 33% | 7.0% / 33% | 28.7% / 33% | 0.22% / 5% | ✓ HALAL |
| FTSE | 13.0% / 33% | 5.0% / 33% | 20.6% / 50% | 0.22% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 35.0% | |
| Operating Margin | 19.1% | |
| Net Margin | 4.2% | |
| Return on Equity (ROE) | 5.0% | |
| Return on Assets (ROA) | 4.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $301M |
| Free Cash Flow | $212M |
| Total Debt | $474M |
| Debt-to-Equity | 24.2 |
| Current Ratio | 1.6 |
| Total Assets | $3.3B |
Price & Trading
| Last Close | $45.35 |
| 50-Day MA | $53.45 |
| 200-Day MA | $66.07 |
| Avg Volume | 1.4M |
| Beta | 1.2 |
|
52-Week Range
$40.76
| |
About Globant S.A. (GLOB)
Globant S.A., together with its subsidiaries, provides technology services in the United States, rest of North America, Latin America, Europe, and internationally. The company offers Digital Studio, which integrates artificial intelligence into the software development lifecycle; GUT Studio, which allows clients to better connect brands to end-consumers through experiential marketing; and Enterprise Studio, which leverages tailored technology for streamlined operations and productivity. It also provides AI Industry Studios for the financial services; media, entertainment, sports, and leisure; healthcare and life sciences; CPG, retail, and automotive; gaming and EdTech; airlines; energy, oil, and gas; and high tech and professional services sectors. In addition, the company offers AI Pods, a subscription-based delivery model for AI-powered services; Globant Enterprise AI, an agentic innovation platform; Corporate Hub, which grounds intelligence in how the organization operates; AI Hub, which connects and governs foundation and custom models, enabling industry-specific fine-tuning, continuous evaluation, and optimization; and Agents Hub, which enables autonomous action through the creation and coordination of agents and agentic workflows that operate across systems, teams, and physical environments. Further, it provides various agentic suites, including GeneXus for enterprise systems evolution; Globant CODA for software development; Navigate Digital Twin for process optimization; Navigate Service Assist for support; and Fusion, which enhances marketing, communications, and advertising with AI at the core, as well as StarMeUp, an employee engagement and talent experience platform; and DaXia, an embedded finance accelerator platform. The company has a collaboration with Pharma Mar, S.A. for cancer drug discovery through artificial intelligence. The company was formerly known as IT Outsourcing S.L. and changed its name to Globant S.A. in December 2012. Globant S.A. was founded in 2003 and is based in Luxembourg, Luxembourg.
Purification Calculator
As a halal stock with 0.22% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Globant S.A. (GLOB) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Globant S.A. 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 Globant S.A.'s debt ratio?
Globant S.A.'s debt ratio is 18.0% 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 13.0%.
Does Globant S.A. require dividend purification?
Yes, Globant S.A. has an impermissible income ratio of 0.22%, which means 0.22% 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 Globant S.A.'s key financial metrics?
Globant S.A. has a market capitalization of $2.0B, trailing P/E ratio of 19.4, and revenue of $2.5B. The company maintains a gross margin of 35.0% and a net margin of 4.2%. Return on equity stands at 5.0%.
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.