Is PubMatic, Inc. (PUBM) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 10.4% / 30% | 34.5% / 30% | 84.8% / 30% | 1.93% / 5% | ✗ NOT HALAL |
| DJIM | 10.4% / 33% | 34.5% / 33% | 84.8% / 33% | 1.93% / 5% | ✗ NOT HALAL |
| MSCI | 6.4% / 33% | 21.4% / 33% | 52.7% / 33% | 1.93% / 5% | ✗ NOT HALAL |
| S&P | 10.4% / 33% | 34.5% / 33% | 84.8% / 33% | 1.93% / 5% | ✗ NOT HALAL |
| FTSE | 6.4% / 33% | 21.4% / 33% | 52.7% / 50% | 1.93% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 63.6% | |
| Operating Margin | 11.8% | |
| Net Margin | -5.1% | |
| Return on Equity (ROE) | -5.4% | |
| Return on Assets (ROA) | -1.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $81M |
| Free Cash Flow | $46M |
| Total Debt | $44M |
| Debt-to-Equity | 16.8 |
| Current Ratio | 1.4 |
| Total Assets | $680M |
Price & Trading
| Last Close | $8.31 |
| 50-Day MA | $7.52 |
| 200-Day MA | $9.05 |
| Avg Volume | 691K |
| Beta | 1.5 |
|
52-Week Range
$6.15
| |
About PubMatic, Inc. (PUBM)
PubMatic, Inc., a technology company, engages in the provision of a cloud infrastructure platform that enables real time programmatic advertising transactions for digital content creators, advertisers, agencies, agency trading desks, and demand side platforms worldwide. Its PubMatic SSP, a sell side platform for the purchase and sale of digital advertising inventory for publishers and buyers. The company also provides OpenWrap, a header bidding solution; Connect, a solution that provides additional data and insights to publishers and buyers; Activate, which allows buyers to execute direct deals on its platform across publisher inventory; Convert, a commerce media solution; and Identity Hub, an ID management tool for publishers that leverages specialized technology infrastructure to simplify alternative identifier marketplace. Its platform supports an array of ad formats and digital device types, including mobile app, mobile web, desktop, display, video, over the top video, connected television, and media. The company was incorporated in 2006 and is based in Redwood City, California.
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Frequently Asked Questions
Is PubMatic, Inc. (PUBM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), PubMatic, 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 PubMatic, Inc.'s debt ratio?
PubMatic, Inc.'s debt ratio is 10.4% 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 6.4%.
What are PubMatic, Inc.'s key financial metrics?
PubMatic, Inc. has a market capitalization of $388M, and revenue of $283M. The company maintains a gross margin of 63.6% and a net margin of -5.1%. Return on equity stands at -5.4%.
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.