SoFi Technologies Inc SOFI
$18.91 $0.99 (5.52%) 1D
Last Updated: Aug 21, 12:00 AM·NASDAQ
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SOFI Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, SoFi Technologies Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
SoFi Technologies Inc. Stock Analysis SOFI
United States Financials Large Cap SoFi Technologies, Inc. is a financial service platform, which engages in the provision of student loan refinancing options to the private student loan market. The company is headquartered in San Francisco, California and currently employs 6,100 full-time employees. The company went IPO on 2020-11-30. The Company, through its lending and financial services products, allows members to borrow, save, spend, invest and protect their money. The firm's segments include Lending, Technology Platform and Financial Services. The Lending segment offers personal loans, student loans, home loans and related servicing to help its members with a variety of financial needs. Its platform supports the full transaction lifecycle, including credit application, underwriting, approval, funding and servicing. The Technology Platform segment provides services through a diversified suite of offerings which include an event and authorization platform accessed via application programming interfaces, a cloud-native digital and core banking platform and services related to both platforms. The Financial Services segment offers a suite of financial services solutions, including SoFi Money and SoFi Invest.
SoFi Technologies Inc (SOFI) Chart
Financial Metrics & Statements of SoFi Technologies Inc (SOFI)
FAQ's for SoFi Technologies Inc (SOFI)
- As of August 2026, SoFi Technologies Inc SOFI is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes SoFi Technologies Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in SoFi Technologies 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.
- Musaffa determines the Shariah status of SoFi Technologies Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of SoFi Technologies Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of SoFi Technologies Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.