Is nCino, Inc. (NCNO) Halal?
Shariah Screening — 5 Standards
Based on financial data from January 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 12.2% / 30% | 6.2% / 30% | 7.5% / 30% | 0.33% / 5% | ✓ HALAL |
| DJIM | 12.2% / 33% | 6.2% / 33% | 7.5% / 33% | 0.33% / 5% | ✓ HALAL |
| MSCI | 14.7% / 33% | 7.5% / 33% | 9.1% / 33% | 0.33% / 5% | ✓ HALAL |
| S&P | 12.2% / 33% | 6.2% / 33% | 7.5% / 33% | 0.33% / 5% | ✓ HALAL |
| FTSE | 14.7% / 33% | 7.5% / 33% | 9.1% / 50% | 0.33% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 60.3% | |
| Operating Margin | 8.1% | |
| Net Margin | -3.7% | |
| Return on Equity (ROE) | -1.4% | |
| Return on Assets (ROA) | 0.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $55M |
| Free Cash Flow | $53M |
| Total Debt | $237M |
| Debt-to-Equity | 25.6 |
| Current Ratio | 1.0 |
| Total Assets | $1.6B |
Price & Trading
| Last Close | $15.00 |
| 50-Day MA | $17.84 |
| 200-Day MA | $24.81 |
| Avg Volume | 2.1M |
| Beta | 0.6 |
|
52-Week Range
$13.80
| |
About nCino, Inc. (NCNO)
nCino, Inc., a software-as-a-service company, provides software solutions to financial institutions in the United States, the United Kingdom, and internationally. It offers solutions on the nCino Platform, including Onboarding solution that streamlines and enhances the customer onboarding process through a digital platform for credit and non-credit onboarding, commercial account opening, and enterprise-level onboarding; and Account Opening solution, which includes Deposit Account Opening solution for consumers and small businesses. The company also provides Lending solution, which provides a loan origination platform for commercial, consumer, small business, and mortgage lending, such as Commercial Loan Origination System that automates loan lifecycle; Consumer Lending solution, which offers an omnichannel solution with automated credit decisioning and integrations; and Small Business Loan Origination solution for automation and machine learning. In addition, it offers Portfolio Management solution to manage credit risks, monitor performance, and uncover growth opportunities through data-driven platform; and Portfolio Analytics solution, which offers customizable dashboards to track loan, deposit, and application data. The company serves community banks, credit unions, enterprise banks, independent mortgage banks, building societies, and mutuals directly through its business development managers, account executives, field sales engineers, and customer success managers. nCino, Inc. was founded in 2011 and is headquartered in Wilmington, North Carolina.
Purification Calculator
As a halal stock with 0.33% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is nCino, Inc. (NCNO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), nCino, 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 nCino, Inc.'s debt ratio?
nCino, Inc.'s debt ratio is 12.2% 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 14.7%.
Does nCino, Inc. require dividend purification?
Yes, nCino, Inc. has an impermissible income ratio of 0.33%, which means 0.33% 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 nCino, Inc.'s key financial metrics?
nCino, Inc. has a market capitalization of $1.6B, and revenue of $541M. The company maintains a gross margin of 60.3% and a net margin of -3.7%. Return on equity stands at -1.4%.
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.