Is FICO (Fair Isaac Corporation) Halal or Haram?

Based on our AAOIFI-standard shariah screening, FICO is Halal and considered permissible for Muslim investors. It passed all 4 of 4 compliance screens including business activity review, debt-to-market-cap ratio (12.83% vs ≤33% threshold), interest income ratio (0.00% vs ≤5% threshold), and cash & securities ratio (0.56% vs ≤33% threshold).

Fair Isaac Corporation, widely known as FICO, is a leading technology company that develops advanced analytics, software, and data management products. The company operates primarily through its Scores and Software segments, providing essential decision management solutions that help businesses worldwide automate processes like fraud detection, account origination, and customer engagement. For Muslim investors, FICO is currently classified as a Halal investment, having successfully passed all four AAOIFI shariah screens. The company's core software and analytics business is inherently permissible, meaning your investment capital is not directly supporting haram activities such as gambling, alcohol, or conventional interest-based lending. From an Islamic finance perspective, FICO boasts exceptionally clean financial metrics. The company carries conservative leverage with a debt-to-market cap ratio of just 12.8%, and it generates 0.00% of its revenue from impermissible interest income, making it a strong candidate for a halal equity portfolio. Because FICO provides software and scoring systems to conventional financial institutions, some strict investors may choose to monitor its client base. However, the software itself is considered a neutral tool, and the stock remains fully compliant with standard AAOIFI guidelines for everyday Muslim investors. Fair Isaac Corporation operates in the Technology sector under the Software - Application industry and is headquartered in Bozeman, MT, US. The company is led by CEO William J. Lansing and employs approximately 3,718 people.

FICO was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. FICO passed 4 of these 4 screens.

FICO has negligible interest income, so purification may not be necessary. However, it is always advisable to consult a qualified scholar regarding your specific investment situation.

FICO was last screened on 2026-04-29. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.