YELP
Yelp Inc.
Is YELP Halal?
Local-business reviews and advertising platform — the model is permissible, but a meaningful share of advertising and listings comes from bars, alcohol, and other haram-linked businesses.
What You Should Know
Yelp Inc. operates a local-business reviews and advertising platform. Its March 31, 2026 Form 10-Q reports $1,013.298 million of assets, no conventional debt, $110.412 million of cash, $152.211 million of net receivables and $361.457 million of quarterly revenue. Debt/assets is 0.00%, liquidity/assets is 10.90% and receivables-plus-cash/assets is 25.92%; disclosed net interest income is $0.639 million, or 0.18% of revenue, but a gross numerator is not separately disclosed. The platform is permissible in principle, while bars, alcohol-serving venues and nightlife advertising remain an unquantified qualitative concern, so the verdict remains doubtful/incomplete.
⚠️ Concerns
- •Bars, alcohol-serving venues and nightlife categories are promoted through the advertising and listings mix; the share is hard to bound
- •Known filing-based asset ratios pass, but the business-activity screen remains incomplete
- •The filing discloses net rather than gross interest income; no fixed purification percentage is asserted
- •The verdict is judgment-dependent — stricter investors may treat it as non-compliant, while others may accept the permissible platform core with purification
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-15.
0 / 1,013.298
110.412 / 1,013.298
262.623 / 1,013.298
0.639 / 361.457
- Financial
- Pass
- Overall
- Incomplete
Known debt/assets is 0.00%, liquidity/assets is 10.90%, receivables-plus-cash/assets is 25.92% and disclosed net interest income is 0.18%; business activity remains incomplete.
- Financial
- Pass
- Overall
- Incomplete
Known asset ratios pass examined MSCI total-assets limits; advertising-category allocation remains incomplete.
- Financial
- Pass
- Overall
- Incomplete
Known debt and liquidity ratios pass examined limits; this is a calculation against SAC ratios, not an official classification.
- Financial
- Not calculated
- Overall
- Incomplete
A licensed historical market-cap series is not stored and the qualitative advertising mix remains unresolved.
Business-activity disclosure
Yelp operates a local-business reviews and advertising platform, generally permissible in principle. Its advertising and featured-listing mix includes restaurants, nightlife and other categories whose prohibited share is not disclosed.
Limitation: The filing does not allocate advertising or listing revenue into a universal prohibited-activity numerator.
Purification
Yelp discloses $0.639 million of net interest income, but ZakatInvest does not prescribe a scholar-approved purification percentage or infer a gross numerator.
Inputs, assumptions and primary sources
- Amounts are USD millions from Yelp's March 31, 2026 Form 10-Q.
- No conventional interest-bearing debt or current marketable-securities balance is reported; operating leases are excluded.
- Cash and cash equivalents are $110.412 million and net accounts receivable are $152.211 million.
- First-quarter revenue is $361.457 million and the filing discloses $0.639 million of net interest income, or 0.18% of revenue; a gross interest-income numerator is not separately disclosed.
- The filing does not quantify revenue attributable to bars, alcohol-serving venues or other prohibited categories.
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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