As of August 2026, Zip Co Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Zip Co Ltd. Stock Analysis ZIZTF
United States Financials Mid Cap
Zip Co. Ltd. is a digital financial services company, which engages in the offering of point-of-sale credit and payment services. The Company, operating in two core markets: Australia and New Zealand (ANZ) and the United States, offers access to point-of-sale credit and digital payment services, connecting millions of customers with its global network of tens of thousands of merchants. In ANZ market, it offers retail line of credit products and personal loans to consumers in Australia and retail installment products to consumers in New Zealand. In the United States market, the Company offers Buy Now Pay Later (BNPL) instalment products to customers. In the United States market, its products include Zip Pay in 4 (shop online and instore and pay in four payments over six weeks) and Zip Pay in 8 (shop online and instore and pay in eight payments over 14 weeks). The firm offers various products in Australia including Zip Pay, Zip Plus, Zip Money, and Zip Personal Loan. In New Zealand market, it offers Zip Pay in 4 products.
Zip Co Ltd (ZIZTF) Chart
Financial Metrics & Statements of Zip Co Ltd (ZIZTF)
FAQ's for Zip Co Ltd (ZIZTF)
As of August 2026, Zip Co Ltd ZIZTF 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 Zip Co Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Zip Co Ltd 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 Zip Co Ltd 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 Zip Co Ltd 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 Zip Co Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.