AppLovin: The Shariah-Compliant Giant That Soared 700%

AppLovin Corporation has become a top performer among Shariah-compliant companies in the US in 2024. It combines advanced technology with strong financial growth. The company follows strict Islamic finance principles according to AAOIFI standards. This article looks at the company’s business model, financial success, and Shariah compliance. It also discusses the importance of the AAOIFI framework in proving its investment credentials.

Company Overview and Technological Edge

AppLovin Corporation was founded in 2011 and is based in Palo Alto, California. It is a leading mobile technology and marketing platform. AppLovin helps app developers market, monetize, analyze, and publish their apps effectively and at scale. Its main products include AI-powered solutions like AppDiscovery, MAX, Adjust, and Wurl. These tools help with advertising demand, in-app bidding, marketing analytics, and connected TV advertising. The company also maintains significant investments in mobile game publishers, creating an integrated ecosystem that supports developers, advertisers, and consumers alike.

AppLovin has its own AI engine., AXON, powers its AppDiscovery platform, enabling real-time auctions to match advertisers with targeted audiences on a microsecond basis. This new technology has changed mobile game advertising. unlocking a multibillion-dollar opportunity and driving robust revenue growth for the company.

Financial Performance and Market Success in 2024

The year 2024 was remarkable for AppLovin, marked by meteoric growth and sector-leading performance. The company reported a total revenue of about $4.7 billion for 2024. This is a 43% increase from last year. The main reason for this growth is a 73% rise in advertising revenue.

Quarterly revenue showed steady growth. In Q4 2024, revenue reached $1.37 billion, which is a 44% increase from last year. The company’s net income increased a lot. In Q4 2024, net income jumped by 248% to $819.5 million. This shows strong profitability in a tough tech market.

This explosive growth contributed to a stock price surge of over 700% in 2024. Wall Street analysts showed a strong buy sentiment. They are especially optimistic about AppLovin’s use of AI. They believe the company will benefit from important changes in the industry. These changes include the Apple-Epic legal case, which affects mobile app monetization strategies.

AppLovin Corporation had strong growth and good profits in the first half of 2025. This further established its role as a top player in performance marketing and AI advertising. In Q1 2025, AppLovin made $1.48 billion in revenue. This is a 40% increase from last year. They also had an adjusted EBITDA of $1 billion. Their free cash flow was $826 million. Both figures show big improvements in how they operate. Q2 results continued this momentum: revenue grew 77% to $1.26 billion, and both profits and margins exceeded analyst expectations.

AppLovin achieved these results by simplifying its business. This included selling its mobile gaming segment for $400 million in cash. They also received a 20% equity stake in Tripledot Studios. The rise in advertising revenue came from its strong AI platform and careful management. This led to high net profits, good stock performance, and strong investor confidence in AppLovin’s future for the rest of 2025.

Shariah Compliance and AAOIFI Standards

AppLovin stands out from many others because it is Shariah-compliant. This status is certified by respected Islamic finance firms and scholars.

As of 2025, AppLovin is officially recognized as Shariah-compliant. This is based on several standards, including AAOIFI. The AAOIFI is a globally respected autonomous non-profit organization that develops comprehensive Shariah standards and guidelines for Islamic financial institutions and investments.

The AAOIFI plays a foundational role in guiding ethical and halal investments across global markets. The attached image shows that Shariah Standard No. 21 requires a thorough review. AAOIFI’s framework focuses on two important areas: qualitative and quantitative criteria.

The qualitative screening filters out companies involved in haram (prohibited) sectors such as pork, alcohol, gambling, and weapons. Quantitative screening uses strict financial rules. It limits interest-based debt and non-compliant investments to 30% of market value. It also caps non-halal income at less than 5% of total revenue.

These two pillars make sure that investments are free from interest (riba) and unethical activities. This gives confidence to investors who care about social issues and their faith. For platforms like Tabadulat, using AAOIFI's standards is important. This helps build trust and allows investors to make informed choices based on Islamic values.

Investors who follow Islamic financial ethics can invest in AppLovin with confidence. The company’s operations and finances are regularly checked to meet AAOIFI standards. This ensures halal and responsible investing.

Strategic Industry Role and Ethical Investment

AppLovin is well-known in mobile technology and advertising. It connects advertisers and app publishers using advanced AI and analytics tools. This helps improve marketing ROI and user engagement on a large scale. This approach supports innovation and makes sure business practices follow Shariah values. This is an attractive option for Muslim investors around the world.

The company is committed to being open, ethical, and innovative. This shows that fast-growing tech firms can follow religious and Shariah investment rules. They can do this without hurting their financial success or ability to innovate.

Conclusion

AppLovin Corporation did very well in 2024. This shows its top technology, clear goals, and dedication to Shariah-compliant business practices that follow AAOIFI standards.

AppLovin has strong financials and powerful AI-driven platforms. It also has recognized Shariah certification. This makes it a great choice for Muslim investors looking for growth in the US tech sector.

Ready to invest in opportunities that align with your financial goals and your values? Join Tabadulat today, your trusted platform for Shariah-compliant stocks and insights into the Islamic finance industry. Empower your portfolio with Islamic investments and reliable financial products, including companies like AppLovin, screened to the highest AAOIFI standards.

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FAQs

What exactly does AppLovin do?

AppLovin is a mobile ad-tech platform. It helps app developers make money and promote their apps. They use AI tools like MAX and AppDiscovery. These tools help reach and engage users with billions of ads every day.

Is AppLovin stock a buy?

Many analysts see strong growth potential, citing skyrocketing revenue and AI-driven momentum, with some recommending building positions patiently.

Is AppLovin a good company?

AppLovin shows powerful financial growth, high margins, and global reach. Scrutiny over data practices and advertising quality raises the need for caution to ensure long-term sustainability. 

Is AppLovin halal?

Yes, respected screening tools currently consider AppLovin (APP) Shariah-compliant and qualify it as a halal investment.

Is AppLovin a meme stock?

No, investors do not consider AppLovin a meme stock. AppLovin's performance is different from meme stocks. It is not driven by online hype or retail speculation. Instead, it is based on its strong fundamentals. These include mobile advertising technology, AI-driven growth, and solid company financials.

Are there any halal ETFs?

Yes, there are halal ETFs designed to follow Shariah principles by avoiding interest, gambling, alcohol, and unethical sectors. Examples include Wahed FTSE USA Shariah ETF (HLAL) and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS), offering diversified halal investments.

Which stock is halal in Islam?

A stock is halal in Islam if the company follows the islamic law. This means it avoids riba, alcohol, gambling, and unethical sectors. Investors can find halal stocks or halal shares using a halal stock screener, ensuring alignment with an ethical financial system.