FFIV

F5, Inc.

HALAL
Score: 82/100
stock

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. Products include application delivery controllers (ADC), web application firewalls (WAF), API security, and DDoS protection. Cybersecurity that protects web applications and APIs is entirely permissible — in fact, it serves a protective function consistent with Islamic values of security and preventing harm. Strong recurring software revenue after successful transition from hardware. Moderate debt from the Shape Security acquisition.

⚠️ Concerns

  • Moderate debt from Shape Security acquisition
  • Some government/defense software clients (indirect)
  • Minor interest income on cash

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