Figma, Inc. (FIG) - Not Halal (Non-Compliant)
Figma, Inc. (FIG) 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: 0.3% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 8.4% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 5.9% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 5.88%.Based on the company's financial statements, approximately 5.88% of dividend income should be donated to charity for purification. This is derived from identified interest income (5.88% of total income). Some scholars may differ on the exact calculation method.
About Figma, Inc.
Figma, Inc. develops and sells a collaborative, browser-based platform for designing, prototyping, building digital experiences, and subscriptions for access to its platform. The company offers Figma Design, a collaborative design tool for teams that explore ideas and gather feedback, build realistic prototypes, and streamline product development with design systems; Dev Mode to inspect designs and translate them into code without changing the design file; FigJam to define ideas, align decisions, and move work forwardall in one place; and Figma Slides, a presentation tool built for designers and their teams. It also provides Figma Draw to create expressive designs with illustration tools; Figma Buzz, which publishes brand templates to create social media assets, display ads, one-pagers, and others; Figma Sites to design, prototype, and publish; Payload CMS is an open-source, headless content management system and application framework acquired by Figma; Figma Make, an AI tool to design and prompt way to a functional prototype; Figma Weave for AI-powered media generation and editing. The company was incorporated in 2012 and is headquartered in San Francisco, California.

