GTLB
GitLab Inc.
Is GTLB Halal?
DevOps software — permissible developer tools.
What You Should Know
GitLab provides DevOps and software development platforms. Q1 FY2027 total assets were $1,705.533 million, including $335.395 million cash and $989.506 million short-term investments; the core software business is generally permissible, while investment-heavy treasury management and downstream AI/security use remain qualitative considerations.
⚠️ Concerns
- •Liquidity/assets is above examined financial limits
- •Minor interest income
- •Downstream AI, cybersecurity and government use cases
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-04-30; calculated 2026-07-14.
0 / 1,705.533
1,324.901 / 1,705.533
535.697 / 1,705.533
11.947 / 264.158
- Financial
- Fails
- Overall
- Fails
Liquidity/assets is 77.11%, above the examined 33.333% limit; debt/assets is 0%, receivables plus cash/assets is 31.40% and interest income/revenue is 4.52%.
- Financial
- Fails
- Overall
- Fails
Liquidity/assets is 77.11%, exceeding the examined MSCI total-assets liquidity limit; this is a calculation against the named method, not an index-membership claim.
- Financial
- Fails
- Overall
- Fails
Identifiable conventional cash and securities are 77.11% of assets, above the examined Malaysia SAC financial limit; this is not an official classification.
- Financial
- Not calculated
- Overall
- Fails
A licensed historical market-cap series is not stored; the asset-based liquidity screen fails independently.
Business-activity disclosure
GitLab provides DevOps, source-control, security and software-development platforms, which are generally permissible developer tools. AI, cybersecurity, government and other downstream uses require look-through review.
Limitation: The filing does not allocate revenue by customer end use into a universal prohibited-activity numerator.
Purification
Interest income is disclosed, but no scholar-approved purification percentage is prescribed; readers should follow their chosen methodology and scholar.
Inputs, assumptions and primary sources
- Amounts are USD millions from GitLab's April 30, 2026 Form 10-Q.
- Short-term investments include commercial paper, corporate debt, U.S. agency and U.S. Treasury securities; the identifiable debt-security balance is $989.506 million. The filing also reports $32.611 million of equity wealth-management products, excluded.
- Cash and cash equivalents are $335.395 million and accounts receivable, net is $200.302 million. No interest-bearing debt is disclosed.
- First-quarter revenue is $264.158 million and disclosed interest income is $11.947 million.
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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