Is Marqeta, Inc. (MQ) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.9% / 30% | 43.6% / 30% | 7.1% / 30% | 5.3% / 5% | ✗ NOT HALAL |
| DJIM | 0.9% / 33% | 43.6% / 33% | 7.1% / 33% | 5.3% / 5% | ✗ NOT HALAL |
| MSCI | 1.1% / 33% | 50.6% / 33% | 8.3% / 33% | 5.3% / 5% | ✗ NOT HALAL |
| S&P | 0.9% / 33% | 43.6% / 33% | 7.1% / 33% | 5.3% / 5% | ✗ NOT HALAL |
| FTSE | 1.1% / 33% | 50.6% / 33% | 8.3% / 50% | 5.3% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 70.0% | |
| Operating Margin | -7.7% | |
| Net Margin | -2.2% | |
| Return on Equity (ROE) | -1.5% | |
| Return on Assets (ROA) | -1.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $163M |
| Free Cash Flow | $132M |
| Total Debt | $16M |
| Debt-to-Equity | 1.1 |
| Current Ratio | 1.6 |
| Total Assets | $1.5B |
Price & Trading
| Last Close | $4.16 |
| 50-Day MA | $4.13 |
| 200-Day MA | $5.04 |
| Avg Volume | 3.9M |
| Beta | 1.5 |
|
52-Week Range
$3.48
| |
About Marqeta, Inc. (MQ)
Marqeta, Inc. operates a cloud-based open API platform for card issuing and transaction processing services in the United States. The company's platform also provides processor services, bank and network management, program management, and value added services; card issuing, such as debit, prepaid, credit, virtual, and physical cards; UI/UX; access to a suite of bank account and money movement features, including savings accounts, demand deposit accounts, direct deposit with early pay, ACH, cash loads, and fee-free ATMs, bill pay, and instant funding capabilities; Marqeta Dashboard, a self-service portal to access and manage all aspects of card program; TransactPay; Marqeta Hub for consumers, buy now, pay later (BNPL) providers, and card issuers; and credit capabilities, as well as Portfolio Migration which simplifies upgrading existing card programs into its platform. It offers its solutions in various verticals, including financial services, on-demand services, lending, expense management, and e-commerce enablement, as well as BNPL providers. Marqeta, Inc. was incorporated in 2010 and is headquartered in Oakland, California.
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Frequently Asked Questions
Is Marqeta, Inc. (MQ) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Marqeta, 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 Marqeta, Inc.'s debt ratio?
Marqeta, Inc.'s debt ratio is 0.9% 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 1.1%.
What are Marqeta, Inc.'s key financial metrics?
Marqeta, Inc. has a market capitalization of $1.8B, and revenue of $625M. The company maintains a gross margin of 70.0% and a net margin of -2.2%. Return on equity stands at -1.5%.
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.