ADBE

Adobe Inc.

DOUBTFUL — FINANCIAL SCREENS PASSstock

Is ADBE Halal?

Creative, document and marketing software can be permissible, but public reporting cannot reproduce a screened allocation for content, customers, advertising, data use and contracts.

What You Should Know

Adobe's May 2026 debt, liquidity, receivables and disclosed-interest-income ratios pass examined financial screens. Business revenue remains incomplete because customer and content use are not reported by Sharia category.

⚠️ Concerns

  • Content, customer, advertising and data-use revenue is not disclosed
  • Privacy, profiling, consent and security review
  • Generative AI copyright, attribution, bias and deception review
  • Interest-bearing debt, commercial paper and investments

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-05-29; calculated 2026-07-13.

USD · millions
Interest-bearing debt / assets
22.20%Within limit
Below 33.333% under FTSE Yasaar

6,644 / 29,933

Cash + interest-bearing securities / assets
18.80%Within limit
Below 33.333% under FTSE Yasaar

5,626 / 29,933

Receivables + cash / assets
23.09%Within limit
Below 50% under FTSE Yasaar

6,912 / 29,933

Non-compliant income / revenue
0.85%Within limit
No more than 5% under FTSE Yasaar

56 / 6,618

FTSE Yasaar
v4.6, February 2026
Financial
Pass
Overall
Incomplete

Debt is 22.20%, identifiable liquidity is 18.80%, receivables plus cash is 23.09%, and disclosed interest income is 0.85%; all examined financial ratios pass. Business revenue remains incomplete.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Pass
Overall
Incomplete

Debt, liquidity and receivables-plus-cash pass examined total-assets limits; this is not an index-membership claim and business revenue remains undisclosed.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Pass
Overall
Incomplete

Debt and identifiable conventional cash and instruments are below 33% of total assets; this is not an official SAC classification and screened business revenue is unavailable.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Not calculated

A properly licensed and reproducible 24- or 36-month issuer market-cap history is not stored, so these methods are not estimated from a spot price.

Business-activity disclosure

Adobe provides creative, document, marketing, analytics and productivity software and services. These general-purpose tools can support beneficial creative, educational and commercial activity, but customer, content and end use vary.

Limitation: Public revenue categories do not isolate a reproducible numerator for content, advertising, customer activity, data use, contract or prohibited category.

Purification

Disclosed interest income is 0.85% of quarterly revenue and passes the examined income limit, but screened operating revenue is unavailable; this is not a complete fixed purification prescription.

Inputs, assumptions and primary sources
  • Debt uses 6,150 senior notes outstanding at par plus 494 commercial paper carrying value. The current debt caption includes 1,349 current senior notes and 494 commercial paper.
  • Cash uses 4,919. Identifiable interest-bearing securities use 707 short-term corporate-debt and U.S. Treasury securities. Cash equivalents include corporate debt securities, money-market funds and time deposits.
  • Trade receivables use the reported 1,993 net balance. Revenue and interest income use the three months ended May 29, 2026.
  • The filing separately reports 56 interest income for the quarter.
  • Subscription, product, services and customer-group revenue are reported, not a Sharia-screened allocation by content, customer, advertising, data use, contract or prohibited activity.

This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.

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