Is MANHATTAN ASSOCIATES INC (MANH) Halal?

NASDAQ Technology United States $7.7B
✓ HALAL
Confidence: 95/100
MANHATTAN ASSOCIATES INC (MANH) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 0.6% against the AAOIFI threshold of 30%, MANHATTAN ASSOCIATES INC comfortably passes the key financial ratio tests. The company operates in the Technology sector (Software - Application), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.6%
/ 30%
3.6%
/ 30%
2.4%
/ 30%
0.41%
/ 5%
✓ HALAL
DJIM 0.6%
/ 33%
3.6%
/ 33%
2.4%
/ 33%
0.41%
/ 5%
✓ HALAL
MSCI 6.7%
/ 33%
39.2%
/ 33%
26.4%
/ 33%
0.41%
/ 5%
✗ NOT HALAL
S&P 0.6%
/ 33%
3.6%
/ 33%
2.4%
/ 33%
0.41%
/ 5%
✓ HALAL
FTSE 6.7%
/ 33%
39.2%
/ 33%
26.4%
/ 50%
0.41%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
35.3
Forward: 21.7
EPS
$3.61
P/B Ratio
24.2
EV/EBITDA
25.5
EV: $7.4B
Revenue
$1.1B
Growth: 16.6%
Beta
1.1
Average volatility
Current Ratio
1.3

Profitability

Gross Margin 56.3%
Operating Margin 15.8%
Net Margin 20.3%
Return on Equity (ROE) 71.7%
Return on Assets (ROA) 22.1%

Cash Flow & Balance Sheet

Operating Cash Flow$389M
Free Cash Flow$374M
Total Debt$56M
Debt-to-Equity9.2
Current Ratio1.3
Total Assets$839M

Price & Trading

Last Close$132.20
50-Day MA$146.47
200-Day MA$183.02
Avg Volume799K
Beta1.1
52-Week Range
$126.00
$247.22

About MANHATTAN ASSOCIATES INC (MANH)

CEO
Mr. Eric A. Clark
Employees
4,370
Sector
Technology
Industry
Software - Application
Country
United States
Exchange
NASDAQ
Market Cap
$7.7B
Currency
USD

Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers warehouse management solution for managing goods and information across the distribution centers; Manhattan Active Warehouse Management, a cloud native and version less application for the associate; and transportation management solution for helping shippers navigate their way through the demands and meet customer service expectations at the lowest possible freight costs; Manhattan SCALE, a portfolio of logistics execution solution; and Manhattan Active Omni, which offers order management, store inventory and fulfillment, call center, POS, and customer engagement tools for enterprises and stores. The company also provides demand forecasting and replenishment, allocation, and unified business planning; technology platform including Manhattan Active Platform solutions, a cloud-native product designed to provide version-less product access; maintenance services, which offers on-premises software licensees with software upgrades for additional or improved functionality and technological advances; and professional services, such as solutions planning and implementation, and related consulting services. In addition, it provides training and change management services; and resells computer hardware, radio frequency terminal networks, radio frequency identification chip readers, bar code printers and scanners, and other peripherals. The company offers products through direct sales personnel and partnership agreements with various organizations. It serves retail, consumer goods, food and grocery, logistics service providers, industrial and wholesale, high technology and electronics, life sciences, and government industries. The company operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Manhattan Associates, Inc. was founded in 1990 and is headquartered in Atlanta, Georgia.

Purification Calculator

As a halal stock with 0.41% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is MANHATTAN ASSOCIATES INC (MANH) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), MANHATTAN ASSOCIATES INC 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 MANHATTAN ASSOCIATES INC's debt ratio?

MANHATTAN ASSOCIATES INC's debt ratio is 0.6% 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 6.7%.

Does MANHATTAN ASSOCIATES INC require dividend purification?

Yes, MANHATTAN ASSOCIATES INC has an impermissible income ratio of 0.41%, which means 0.41% 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 MANHATTAN ASSOCIATES INC's key financial metrics?

MANHATTAN ASSOCIATES INC has a market capitalization of $7.7B, trailing P/E ratio of 35.3, and revenue of $1.1B. The company maintains a gross margin of 56.3% and a net margin of 20.3%. Return on equity stands at 71.7%.

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.