Freightos Limited (CRGO) - Not Halal (Non-Compliant)
Freightos Limited (CRGO) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Technology
- Industry
- Software - Application
- Result
- Pass
- Reason
- The sector "Technology" and industry "Software - Application" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 1.8% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 18.0% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 6.2% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 6.15%.Based on the company's financial statements, approximately 6.15% of dividend income should be donated to charity for purification. This is derived from identified interest income (6.15% of total income). Some scholars may differ on the exact calculation method.
About Freightos Limited
Freightos Limited operates a vendor-neutral booking and payment platform for international freight in Spain, Europe, Hong Kong, the United States, and internationally. It offers WebCargo, a platform for connecting carriers and forwarders; and Freightos.com platform for connecting service providers to importers and exporters. The company also provides Software-as-a-Service solutions, such as WebCargo Rate & Quote Air and Multimodal for price management, negotiation capabilities, and sales and margin management; data services for digitalizing static carrier rates; WebCargo Airline, which enables airlines to distribute rates, receive bookings, and optimize pricing with booking analytics. In addition, it offers Freightos Procure, an enterprise shipper solution; Freightos Terminal, which publishes industry data for price indices; Clearit, a customs broker for imports; and 7LFreight, a neutral and centralized rate management platform. The company was founded in 2011 and is based in Barcelona, Spain.
Frequently Asked Questions
Is Freightos Limited (CRGO) stock halal to invest in?
According to AAOIFI Shariah screening standards, Freightos Limited (CRGO) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

