Is WIX (Wix.com Ltd.) halal?

Q: Is WIX (Wix.com Ltd.) halal?

HALAL: Cloud-based website builder — permissible software-as-a-service business. Wix provides a cloud-based website building platform serving millions of small businesses, freelancers, and individuals globally. Selling website creation and hosting tools is entirely permissible. While end users may build sites for any purpose, Wix is a neutral tooling provider. Debt levels are within Sharia thresholds. Israel-domiciled company headquartered in Tel Aviv.

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WIX

Wix.com Ltd.

HALAL

Score: 82/100

stock

Is WIX Halal?

Cloud-based website builder — permissible software-as-a-service business.

What You Should Know

Wix provides a cloud-based website building platform serving millions of small businesses, freelancers, and individuals globally. Selling website creation and hosting tools is entirely permissible. While end users may build sites for any purpose, Wix is a neutral tooling provider. Debt levels are within Sharia thresholds. Israel-domiciled company headquartered in Tel Aviv.

⚠️ Concerns

•Some end users build sites with haram content (Wix is a neutral tool, indirect exposure)
•Minor interest income on cash reserves
•Geopolitical considerations for some investors

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