Is Toast, Inc. (TOST) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.1% / 30% | 11.2% / 30% | 0.7% / 30% | 0.83% / 5% | ✓ HALAL |
| DJIM | 0.1% / 33% | 11.2% / 33% | 0.7% / 33% | 0.83% / 5% | ✓ HALAL |
| MSCI | 0.6% / 33% | 63.3% / 33% | 4.0% / 33% | 0.83% / 5% | ✗ NOT HALAL |
| S&P | 0.1% / 33% | 11.2% / 33% | 0.7% / 33% | 0.83% / 5% | ✓ HALAL |
| FTSE | 0.6% / 33% | 63.3% / 33% | 4.0% / 50% | 0.83% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 26.0% | |
| Operating Margin | 5.5% | |
| Net Margin | 5.6% | |
| Return on Equity (ROE) | 18.6% | |
| Return on Assets (ROA) | 6.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $661M |
| Free Cash Flow | $608M |
| Total Debt | $20M |
| Debt-to-Equity | 0.9 |
| Current Ratio | 2.8 |
| Total Assets | $3.1B |
Price & Trading
| Last Close | $26.39 |
| 50-Day MA | $28.95 |
| 200-Day MA | $37.05 |
| Avg Volume | 11.2M |
| Beta | 2.0 |
|
52-Week Range
$24.35
| |
About Toast, Inc. (TOST)
Toast, Inc. operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, India, and internationally. It offers a platform of software-as-a-service for restaurant operations and point of sale, such as Toast POS; Toast IQ, a conversational artificial intelligence; vendor management; multi-location management; kitchen display system; online ordering and delivery. It offers payroll and team management; inventory and supply chain tools; xtraCHEF by toast, a set of back-office tools for restaurants, including accounts payable automation, inventory management, ingredient price tracking, and recipe costing; financial technology solutions, including integrated payment processing, and restaurant-grade hardware. The company was formerly known as Opti Systems, Inc. and changed its name to Toast, Inc. in May 2012. Toast, Inc. was incorporated in 2011 and is headquartered in Boston, Massachusetts.
Purification Calculator
As a halal stock with 0.83% impermissible income, you need to purify your dividends.
Related Halal Stocks in Technology
Frequently Asked Questions
Is Toast, Inc. (TOST) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Toast, 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 Toast, Inc.'s debt ratio?
Toast, Inc.'s debt ratio is 0.1% 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 0.6%.
Does Toast, Inc. require dividend purification?
Yes, Toast, Inc. has an impermissible income ratio of 0.83%, which means 0.83% 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 Toast, Inc.'s key financial metrics?
Toast, Inc. has a market capitalization of $15.1B, trailing P/E ratio of 45.8, and revenue of $6.2B. The company maintains a gross margin of 26.0% and a net margin of 5.6%. Return on equity stands at 18.6%.
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.