Canadian Halal Investor.

NYSE Shariah screener · October 2026

Is DoorDash, Inc. (DASH) Halal?

PASS

DoorDash, Inc. · NYSE: DASH · Consumer Discretionary

The short answer

Yes — DoorDash (DASH) passes this Shariah stock screen. Its business is food, grocery, and retail delivery marketplaces (DoorDash in the US, Wolt in Europe, Deliveroo acquired 2025), DashPass subscriptions, and merchant services — a delivery logistics business with no prohibited production lines (it does deliver alcohol from third-party stores, but discloses no alcohol revenue share). Its interest-bearing debt ($2,727M of convertible notes at June 30, 2026) is about 3.45% of its ~$78.94B market cap (share price ~$182.18, Oct 1, 2026), and interest income of $69M is about 0.81% of H1 2026 revenue ($8,490M) — both well under the ~33% and ~5% ceilings. No Zoya, Musaffa, or ShariaPortfolio rating was found for this ticker — honestly reported as absent, not invented.

Gate 1 — Business activity: PASS

DoorDash, Inc. (NYSE: DASH) operates on-demand local-commerce marketplaces that connect merchants, consumers, and independent delivery drivers (Dashers). Its core business is food delivery under the DoorDash brand in the US, plus grocery, convenience, and retail delivery; DashPass membership subscriptions; and merchant services including the SevenRooms reservation platform and white-label digital ordering. Internationally it operates Wolt in Europe (acquired June 2022) and completed the Deliveroo acquisition in 2025. The company completed over 3.1 billion orders in 2025. One haram-adjacent line: DoorDash also delivers beer, wine, and spirits from third-party stores in 30+ US states, Canada, and Australia — a delivery/logistics service, not production — and the company discloses no revenue share for it (it reports alcohol orders grew 54% year over year in 2024, calling itself the US category share leader in third-party liquor store delivery sales). No disclosed lines are prohibited producers (no alcohol production, gambling, pork, conventional banking/insurance, tobacco, cannabis, or adult entertainment). Gate 1 passes. Facts only.

Gate 2 — Debt and cash: PASS

At June 30, 2026 DoorDash's interest-bearing debt was $2,727M of convertible notes, net — the $2.75B of 0% Convertible Senior Notes due 2030 issued in May 2025 — with no revolving loans outstanding, per the Q2 2026 results. Against a market cap of about $78.94B (share price ~$182.18, October 1, 2026), debt ÷ market cap is about 3.45%, well below the ~33% ceiling. Cash and investments of about $6.22B ($4,424M cash and equivalents, $923M short-term investments, $869M long-term investments) are about 7.9% of market cap, within the ~33% guideline. Gate 2 passes. Facts only.

Gate 3 — Non-compliant income: PASS

Interest income, net was $69M for the six months ended June 30, 2026 ($35M in Q2), per the Q2 2026 condensed consolidated statements of operations, against revenue of $8,490M — about 0.81% of revenue, well below the 5% non-compliant income limit. For full-year 2025, interest income, net was $211M against revenue of $13,717M — about 1.54%, also under 5%. The interest is earned on cash and investment balances, not from lending. Gate 3 passes. Facts only.

Key figures used

Frequently asked questions

What does DoorDash do?

DoorDash, Inc. (NYSE: DASH) operates local-commerce marketplaces connecting merchants, consumers, and independent delivery drivers (Dashers). Its core business is on-demand food delivery under the DoorDash brand in the US, plus grocery, convenience, and retail delivery, DashPass membership subscriptions, and merchant services such as the SevenRooms reservation platform and white-label digital ordering. Internationally it operates the Wolt brand in Europe (acquired June 2022) and completed the acquisition of UK-based Deliveroo in 2025. The company completed more than 3.1 billion orders in 2025 and reported full-year 2025 revenue of $13.7 billion.

Why does DoorDash pass this Shariah stock screen?

DoorDash passes this Shariah screen on all three gates. Its business is food, grocery, and retail delivery logistics plus merchant software — no alcohol production, gambling, pork, conventional banking/insurance, tobacco, cannabis, or adult entertainment. Its interest-bearing debt ($2,727M of convertible notes) is about 3.45% of its market cap, well under the 33% ceiling. And its interest income ($69M for H1 2026) is about 0.81% of revenue ($8,490M), well under the 5% non-compliant income ceiling. One caveat: DoorDash also delivers beer, wine, and spirits from third-party stores in 30+ US states, Canada, and Australia — a delivery service, not production — but it discloses no alcohol revenue share, so the factual screen treats this as part of its delivery logistics segment. This is a factual screen, not a religious ruling — consult a qualified scholar for personal guidance.

What is DoorDash's interest-bearing debt ratio?

At June 30, 2026 DoorDash reported convertible notes, net of $2,727M — the $2.75B of 0% Convertible Senior Notes due 2030 issued in May 2025 — with no revolving loans outstanding. Against a market capitalization of about $78.94B (share price ~$182.18, Oct 1, 2026), debt ÷ market cap is about 3.45%, well below the ~33% ceiling. Cash and investments total about $6.22B ($4,424M cash and equivalents, $923M short-term investments, $869M long-term investments), about 7.9% of market cap, within the ~33% guideline. The financial-structure gate passes.

What is DoorDash's non-compliant income ratio?

For the six months ended June 30, 2026, DoorDash reported interest income, net of $69M ($35M in Q2) against revenue of $8,490M — about 0.81% of revenue, well below the 5% non-compliant income ceiling. (Q2 alone: $35M ÷ $4,454M ≈ 0.79%.) For full-year 2025, interest income, net was $211M against revenue of $13,717M — about 1.54%, also well under 5%. The interest is earned on the company's cash and investment balances, not from lending. The income gate passes.

Do Zoya, Musaffa, or ShariaPortfolio cover DoorDash?

No verifiable rating or coverage of DoorDash (NYSE: DASH) was found on Zoya, Musaffa, or ShariaPortfolio — honestly reported as absent, not invented. This page applies the screen directly from the company's filings: the FY2025 10-K (year ended December 31, 2025) and the Q2 2026 earnings release with condensed consolidated balance sheets and statements of operations for the quarter ended June 30, 2026 (August 5, 2026).

Sources

Screened 2026-10-02 from published company figures and market data. Figures change; this page is educational, not financial advice and not a religious ruling.

Screened with our two-gate Shariah screening methodology (business-activity gate, then AAOIFI-style financial ratios).