Is CS Disco, Inc. (LAW) Halal?

NYSE Technology United States $233M
✗ NOT HALAL
Confidence: 90/100
CS Disco, Inc. (LAW) is Not Halal under AAOIFI Standard 21. While the debt ratio of 2.3% is acceptable, the cash and interest-bearing securities ratio of 37.8% exceeds the 30% threshold. CS Disco, Inc. operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 2.3%
/ 30%
37.8%
/ 30%
11.1%
/ 30%
2.87%
/ 5%
✗ NOT HALAL
DJIM 2.3%
/ 33%
37.8%
/ 33%
11.1%
/ 33%
2.87%
/ 5%
✗ NOT HALAL
MSCI 4.0%
/ 33%
66.0%
/ 33%
19.4%
/ 33%
2.87%
/ 5%
✗ NOT HALAL
S&P 2.3%
/ 33%
37.8%
/ 33%
11.1%
/ 33%
2.87%
/ 5%
✗ NOT HALAL
FTSE 4.0%
/ 33%
66.0%
/ 33%
19.4%
/ 50%
2.87%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.72
P/B Ratio
1.8
EV/EBITDA
-3.4
EV: $125M
Revenue
$157M
Growth: 11.3%
Beta
2.2
High volatility
Current Ratio
3.8

Profitability

Gross Margin 74.9%
Operating Margin -22.4%
Net Margin -28.3%
Return on Equity (ROE) -32.2%
Return on Assets (ROA) -13.8%

Cash Flow & Balance Sheet

Operating Cash Flow-$15M
Free Cash Flow-$18M
Total Debt$7M
Debt-to-Equity5.4
Current Ratio3.8
Total Assets$174M

Price & Trading

Last Close$4.04
50-Day MA$4.56
200-Day MA$5.60
Avg Volume400K
Beta2.2
52-Week Range
$2.45
$9.11

About CS Disco, Inc. (LAW)

CEO
Mr. Eric Friedrichsen
Employees
577
Sector
Technology
Industry
Software - Application
Country
United States
Exchange
NYSE
Market Cap
$233M
Currency
USD

CS Disco, Inc. provides cloud-native and artificial intelligence-powered legal products for legal hold, legal request, ediscovery, legal document review, and case management in the United States and internationally. The company offers DISCO Hold which automates the manual work to comply with preservation requirements, preserve data, notify custodians, track holds with audit trail, and collect data; DISCO Request that automates response compliance for legal requests, such as service of process requests, subpoenas, and law enforcement requests; and DISCO Ediscovery which automates ediscovery process and saving legal departments from manual tasks associated with collecting, processing, enriching, searching, reviewing, analyzing, producing, and using enterprise data that is at issue in legal matters. It also provides DISCO Review, an AI-powered document review that delivers legal document reviews; and DISCO Case Builder that allows legal professionals to collaborate across teams by offering a single place to search, organize, and review witness testimony and other important legal data. The company's products are used for various legal matters comprising litigation, investigation, compliance, and diligence. It serves enterprises, law firms, legal services providers, and governments. CS Disco, Inc. was founded in 2012 and is headquartered in Austin, Texas.

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Frequently Asked Questions

Is CS Disco, Inc. (LAW) halal to invest in?

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

CS Disco, Inc.'s debt ratio is 2.3% 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 4.0%.

What are CS Disco, Inc.'s key financial metrics?

CS Disco, Inc. has a market capitalization of $233M, and revenue of $157M. The company maintains a gross margin of 74.9% and a net margin of -28.3%. Return on equity stands at -32.2%.

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.