Is Klarna Group plc (KLAR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 15.2% / 30% | 69.2% / 30% | 170.1% / 30% | 5.12% / 5% | ✗ NOT HALAL |
| DJIM | 15.2% / 33% | 69.2% / 33% | 170.1% / 33% | 5.12% / 5% | ✗ NOT HALAL |
| MSCI | 5.7% / 33% | 26.0% / 33% | 63.9% / 33% | 5.12% / 5% | ✗ NOT HALAL |
| S&P | 15.2% / 33% | 69.2% / 33% | 170.1% / 33% | 5.12% / 5% | ✗ NOT HALAL |
| FTSE | 5.7% / 33% | 26.0% / 33% | 63.9% / 50% | 5.12% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 48.4% | |
| Operating Margin | 20.5% | |
| Net Margin | -8.4% | |
| Return on Equity (ROE) | -11.1% | |
| Return on Assets (ROA) | 1.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$1.0B |
| Free Cash Flow | -$1.1B |
| Total Debt | $1.4B |
| Debt-to-Equity | 53.6 |
| Current Ratio | 23.9 |
| Total Assets | $18.8B |
Price & Trading
| Last Close | $12.85 |
| 50-Day MA | $18.21 |
| 200-Day MA | $29.02 |
| Avg Volume | 5.7M |
|
52-Week Range
$12.18
| |
About Klarna Group plc (KLAR)
Klarna Group plc operates as a digital bank and flexible payments provider in the United Kingdom, the United States, Germany, Sweden, and internationally. The company provides payment solutions, such as pay in full solution that settles purchases at time of the transaction; pay later solution that enables customers to purchase goods and services at the time of the transaction and pay the full amount at a later date; and fair financing that allows consumers to pay for their purchase over a long duration ranges from three to 48 months. It also offers advertising solutions that include sponsored search, affiliate programs, and brand advertisement; digital retail banking solutions, such as deposit and saving account, financial insights, and Klarna balance that allow consumer to hold monetary balance with Klarna balance solutions; and payment channels, including Klarna payment, Klarna app, Klarna card, and Klarna in-store. Additionally, the company provides membership programs, product search and price comparison, cashback offers and merchant deals, loyalty cards, wish lists, delivery tracking and returns, AI-enabled support, Klarna memberships, Klarna merchant portal, and on-site messaging solutions. The company was formerly known as Klarna UK II plc and changed its name to Klarna Group plc in December 2023. Klarna Group plc was founded in 2005 and is based in London, United Kingdom.
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Frequently Asked Questions
Is Klarna Group plc (KLAR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Klarna Group plc 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 Klarna Group plc's debt ratio?
Klarna Group plc's debt ratio is 15.2% 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 5.7%.
What are Klarna Group plc's key financial metrics?
Klarna Group plc has a market capitalization of $4.6B, and revenue of $3.5B. The company maintains a gross margin of 48.4% and a net margin of -8.4%. Return on equity stands at -11.1%.
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.