Is WORKIVA INC (WK) Halal?

NYSE Technology United States $3.3B
✓ HALAL
Confidence: 95/100
WORKIVA INC (WK) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 21.6% against the AAOIFI threshold of 30%, WORKIVA INC comfortably passes the key financial ratio tests. The company operates in the Technology sector (Software - Application), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 21.6%
/ 30%
24.2%
/ 30%
4.9%
/ 30%
3.86%
/ 5%
✓ HALAL
DJIM 21.6%
/ 33%
24.2%
/ 33%
4.9%
/ 33%
3.86%
/ 5%
✓ HALAL
MSCI 53.4%
/ 33%
59.7%
/ 33%
12.0%
/ 33%
3.86%
/ 5%
✗ NOT HALAL
S&P 21.6%
/ 33%
24.2%
/ 33%
4.9%
/ 33%
3.86%
/ 5%
✓ HALAL
FTSE 53.4%
/ 33%
59.7%
/ 33%
12.0%
/ 50%
3.86%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.47
P/B Ratio
-596.2
EV/EBITDA
-101.5
EV: $3.2B
Revenue
$885M
Growth: 19.5%
Beta
0.7
Low volatility
Current Ratio
1.6

Profitability

Gross Margin 78.5%
Operating Margin 3.3%
Net Margin -3.0%
Return on Assets (ROA) -1.9%

Cash Flow & Balance Sheet

Operating Cash Flow$140M
Free Cash Flow$138M
Total Debt$797M
Current Ratio1.6
Total Assets$1.5B

Price & Trading

Last Close$59.43
50-Day MA$66.95
200-Day MA$77.38
Avg Volume965K
Beta0.7
52-Week Range
$56.06
$97.09

About WORKIVA INC (WK)

CEO
Ms. Julie Iskow
Employees
2,860
Sector
Technology
Industry
Software - Application
Country
United States
Exchange
NYSE
Market Cap
$3.3B
Currency
USD

Workiva Inc., together with its subsidiaries, provides cloud-based reporting solutions in the United States and internationally. The company provides Workiva platform, a multi-tenant cloud software that provides data-linking capabilities; audit trail services; administrators access management; and connects and transforms data from various enterprise resource planning, human capital management, and customer relationship management systems, as well as other third-party cloud and on-premise applications. It serves public and private companies, government agencies, and higher-education institutions. Workiva Inc. was founded in 2008 and is headquartered in Ames, Iowa.

Purification Calculator

As a halal stock with 3.86% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is WORKIVA INC (WK) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), WORKIVA 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 WORKIVA INC's debt ratio?

WORKIVA INC's debt ratio is 21.6% 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 53.4%.

Does WORKIVA INC require dividend purification?

Yes, WORKIVA INC has an impermissible income ratio of 3.86%, which means 3.86% 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 WORKIVA INC's key financial metrics?

WORKIVA INC has a market capitalization of $3.3B, and revenue of $885M. The company maintains a gross margin of 78.5% and a net margin of -3.0%.

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.