EBAY

eBay Inc.

HALAL — SCREEN DOES NOT PASSstock

Is EBAY Halal?

Online marketplace with failed debt screen and mixed payment exposure.

What You Should Know

eBay's March 31, 2026 filing shows debt/assets 37.69%, liquidity/assets 28.53%, receivables plus cash/assets 24.50%, and disclosed interest income of 1.88% of quarterly revenue. Marketplace facilitation is generally permissible, while third-party listings, payments and financing products remain qualitative concerns.

⚠️ Concerns

  • Debt screen fails at 37.69% of assets
  • Third-party sellers may list prohibited products
  • eBay payment and financing products require review

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-14.

USD · millions
Interest-bearing debt / assets
37.69%Above limit
Below 33.333% under FTSE Yasaar

6,744 / 17,893

Cash + interest-bearing securities / assets
28.53%Within limit
Below 33.333% under FTSE Yasaar

5,104 / 17,893

Receivables + cash / assets
24.50%Within limit
Below 50% under FTSE Yasaar

4,384 / 17,893

Non-compliant income / revenue
1.88%Within limit
No more than 5% under FTSE Yasaar

58 / 3,089

FTSE Yasaar
v4.6, February 2026
Financial
Fails
Overall
Fails

Debt is 37.69% of total assets, above the examined 33.333% limit; liquidity is 28.53%, receivables plus cash are 24.50% and disclosed interest income is 1.88%.

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

Debt is 37.69% of total assets, above the examined 33.33% limit; liquidity and receivables-plus-cash are below their limits. This is not an index-membership claim.

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

Debt is 37.69% of total assets, above the examined 33% limit, while identifiable liquidity is below 33%. This is a calculation against SAC ratios, not an official classification.

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 market-cap methods are not estimated from a current spot price.

Business-activity disclosure

eBay operates an online marketplace and advertising platform. Marketplace facilitation is generally permissible, but third-party listings, payments and consumer-financing products create qualitative questions not quantified in the filing.

Limitation: The filing does not provide a reproducible prohibited-revenue numerator for third-party product categories, credit products or other scholar-specific activity categories.

Purification

The filing separately reports interest income at 1.88% of quarterly revenue, but ZakatInvest does not prescribe a fixed scholar-approved purification percentage and marketplace activity remains incomplete.

Inputs, assumptions and primary sources
  • Debt combines $750 million of short-term/current debt with $5,994 million of long-term debt.
  • Interest-bearing securities use $2,210 million of available-for-sale debt securities, including $966 million maturing within one year; customer accounts and restricted cash are excluded from unrestricted cash.
  • Customer accounts and funds receivable are $1,490 million and quarterly net revenue is $3,089 million.
  • The filing separately reports $58 million of interest income, or 1.88% of quarterly revenue; other income is excluded from this company-income proxy.

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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