FFIV
F5, Inc.
Is FFIV Halal?
Application security and delivery — cybersecurity infrastructure is permissible.
What You Should Know
F5 provides multi-cloud application security and delivery networking solutions. Its March 31, 2026 Form 10-Q reports $6,497.472 million of assets, no conventional interest-bearing debt, $1,442.811 million of cash, $425.640 million of receivables and $811.700 million of quarterly net revenue. Debt/assets is 0.00%, liquidity/assets is 22.21%, receivables-plus-cash/assets is 28.76% and disclosed interest income is 1.01% of revenue; the examined FTSE, MSCI and Malaysia financial ratios pass. Cybersecurity infrastructure is generally permissible, with dual-use and indirect government-customer questions treated qualitatively.
⚠️ Concerns
- •Dual-use cybersecurity capabilities
- •Some government/defense software clients (indirect)
- •Long-term equity investments
- •Minor interest income on cash
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-15.
0 / 6,497.472
1,442.811 / 6,497.472
1,868.451 / 6,497.472
8.2 / 811.7
- Financial
- Pass
- Overall
- Pass
Debt/assets is 0.00%, liquidity/assets is 22.21%, receivables-plus-cash/assets is 28.76% and disclosed interest income is 1.01% of revenue; the examined FTSE ratios and core activity pass.
- Financial
- Pass
- Overall
- Pass
Debt/assets, liquidity/assets and receivables-plus-cash/assets are below the examined MSCI total-assets limits; this is not an index-membership claim.
- Financial
- Pass
- Overall
- Pass
Debt/assets and liquidity/assets are below the examined Malaysia limits; this is a calculation against the named ratios, not an official classification.
- Financial
- Not calculated
- Overall
- Incomplete
A licensed historical market-cap series is not stored; filing-based financial results remain documented.
Business-activity disclosure
F5 provides application-security, API-security, traffic-management and multi-cloud delivery technology. The core protective cybersecurity activity is generally permissible.
Limitation: The filing does not allocate every customer industry or downstream use into a scholar-approved prohibited-revenue numerator.
Purification
F5 discloses $8.2 million of interest income but does not provide a scholar-approved purification percentage or separate prohibited-activity numerator.
Inputs, assumptions and primary sources
- Amounts are USD millions converted from F5's March 31, 2026 Form 10-Q values reported in thousands.
- No conventional interest-bearing debt is reported; operating lease liabilities are excluded.
- Cash and cash equivalents are $1,442.811 million. The filing separately identifies $20.814 million of long-term equity investments, which are excluded from the interest-bearing-securities proxy; money-market funds are included in cash equivalents.
- Accounts receivable are $425.640 million net; second-quarter net revenue is $811.700 million.
- Disclosed interest income is $8.2 million, or 1.01% of quarterly revenue; no scholar-approved purification percentage is supplied.
- Application delivery, API security, web-application firewalls and DDoS protection are generally permissible protective technology; indirect government and dual-use customer questions remain qualitative.
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.
Similar Stocks
Want to screen more assets?
Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.
Go to Halal Checker →