Is Backblaze Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Backblaze Inc (BLZE) is currently classified as HALAL as of May 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Backblaze Inc a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Backblaze Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Backblaze Inc?

Muslim investors may consider investing in Backblaze Inc if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Backblaze Inc classified as HALAL?

Musaffa determines the Shariah status of Backblaze Inc by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Backblaze Inc updated?

The Shariah compliance status of Backblaze Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Backblaze Inc become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Backblaze Inc?

You can check the latest Shariah compliance status of Backblaze Inc on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

BLZE Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: May 11, 2026

Report Source: 2026 1st Quarter Report

Backblaze Inc. Stock Analysis BLZE

United States Information Technology Small Cap Report: Q1, 2026

The company is headquartered in San Mateo, California and currently employs 320 full-time employees. The company went IPO on 2021-11-11.

Key Statistics of Backblaze Inc (BLZE)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$6.87$7.13

Today's Open

$7.13

Volume

1.11M

P/E Ratio (TTM)

52 Week Range

$3.26$10.86

Market Cap

456.16M

Avg. Volume

2.88M

Dividend Yield

Financial Metrics & Statements of Backblaze Inc (BLZE)

FAQ's for Backblaze Inc (BLZE)

According to Musaffa’s Shariah screening methodology, Backblaze Inc (BLZE) is currently classified as HALAL as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.