Is monday.com Ltd. (MNDY) Halal?

NASDAQ Technology Israel $3.4B
✗ NOT HALAL
Confidence: 83/100
monday.com Ltd. (MNDY) is Not Halal under AAOIFI Standard 21. While the debt ratio of 2.6% is acceptable, the cash and interest-bearing securities ratio of 36.0% exceeds the 30% threshold. monday.com Ltd. 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 2.6%
/ 30%
36.0%
/ 30%
0.8%
/ 30%
N/A ✗ NOT HALAL
DJIM 2.6%
/ 33%
36.0%
/ 33%
0.8%
/ 33%
N/A ✗ NOT HALAL
MSCI 6.3%
/ 33%
86.7%
/ 33%
1.9%
/ 33%
N/A ✗ NOT HALAL
S&P 2.6%
/ 33%
36.0%
/ 33%
0.8%
/ 33%
N/A ✗ NOT HALAL
FTSE 6.3%
/ 33%
86.7%
/ 33%
1.9%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

P/E Ratio
29.7
Forward: 13.2
EPS
$2.24
P/B Ratio
2.7
EV/EBITDA
228.6
EV: $1.9B
Revenue
$1.2B
Growth: 24.6%
Beta
1.3
High volatility
Current Ratio
2.5

Profitability

Gross Margin 89.2%
Operating Margin 0.7%
Net Margin 9.6%
Return on Equity (ROE) 10.4%
Return on Assets (ROA) -0.1%

Cash Flow & Balance Sheet

Operating Cash Flow$334M
Free Cash Flow$310M
Total Debt$169M
Debt-to-Equity13.5
Current Ratio2.5
Total Assets$2.1B

Price & Trading

Last Close$69.38
50-Day MA$88.44
200-Day MA$175.36
Avg Volume2.4M
Beta1.3
52-Week Range
$66.26
$316.98

About monday.com Ltd. (MNDY)

CEO
Mr. Eran Zinman
Employees
3,155
Sector
Technology
Industry
Software - Application
Country
Israel
Exchange
NASDAQ
Market Cap
$3.4B
Currency
USD

monday.com Ltd., together with its subsidiaries, develops software applications in the United States, Europe, the Middle East, Africa, the United Kingdom, and internationally. The company provides Work Operating System (Work OS), a cloud-based visual work OS that consists of modular building blocks used and assembled to create software applications and work management tools. Its products include monday work management that manages workflows, projects, and portfolios for team collaboration and productivity; monday CRM, which tracks and manages various sales cycle; monday dev that builds agile product and software development workflows; monday service, which creates seamless connection between service desks and their data; WorkCanvas, a digital whiteboard; and WorkForms, which allows users to create personalized forms or surveys and gain organizational insights. The company serves organizations, educational or government institution, and distinct business unit of an organization. The company was formerly known as DaPulse Labs Ltd. and changed its name to monday.com Ltd. in December 2017. monday.com Ltd. was incorporated in 2012 and is headquartered in Tel Aviv-Yafo, Israel.

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Frequently Asked Questions

Is monday.com Ltd. (MNDY) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), monday.com Ltd. 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 monday.com Ltd.'s debt ratio?

monday.com Ltd.'s debt ratio is 2.6% 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 6.3%.

What are monday.com Ltd.'s key financial metrics?

monday.com Ltd. has a market capitalization of $3.4B, trailing P/E ratio of 29.7, and revenue of $1.2B. The company maintains a gross margin of 89.2% and a net margin of 9.6%. Return on equity stands at 10.4%.

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.