FSLY
Fastly Inc.
Is FSLY Halal?
Edge computing — permissible internet infrastructure.
What You Should Know
Fastly provides edge cloud, network, security, compute and observability services. Core internet infrastructure is generally permissible, while downstream content, customer use and data practices require review.
⚠️ Concerns
- •Losses while scaling
- •Downstream content and customer-use review
- •Interest income and marketable securities
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-14.
323.62 / 1,513.528
330.489 / 1,513.528
276.707 / 1,513.528
2.927 / 173.021
- Financial
- Pass
- Overall
- Incomplete
Debt/assets is 21.38%, liquidity/assets is 21.83%, receivables plus cash/assets is 18.28% and interest income/revenue is 1.69%; the business-activity numerator remains incomplete.
- Financial
- Pass
- Overall
- Incomplete
Debt, liquidity and receivables-plus-cash are below the examined MSCI total-assets limits; downstream business activity remains incomplete.
- Financial
- Pass
- Overall
- Incomplete
Debt/assets and identifiable conventional liquidity/assets are below the examined limits. This is a calculation against SAC ratios, not an official classification.
- Financial
- Not calculated
- Overall
- Incomplete
A properly licensed and reproducible 24- or 36-month issuer market-cap history is not stored.
Business-activity disclosure
Fastly provides edge cloud, web and API performance, security, compute and observability services. The core infrastructure is generally permissible, while downstream content, cybersecurity use, data processing and customer activity require qualitative review.
Limitation: The filing does not allocate revenue by downstream customer use, content category, government or surveillance use, or other universal prohibited-activity taxonomy.
Purification
Fastly discloses $2.927 million of interest income, approximately 1.69% of quarterly revenue; ZakatInvest does not prescribe a fixed scholar-approved purification percentage.
Inputs, assumptions and primary sources
- Amounts are USD millions converted from Fastly's March 31, 2026 Form 10-Q, which reports in thousands.
- Debt is $323.620 million of long-term debt; operating lease liabilities are excluded.
- Cash is $146.670 million and marketable securities are $183.819 million. Accounts receivable is $130.037 million.
- First-quarter revenue is $173.021 million and separately disclosed interest income is $2.927 million, approximately 1.69% of revenue.
- Fastly reports Network Services, Security, Compute and Observability solutions; downstream customer use and content are not classified in the filing.
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 →