Can Muslims invest in FISV?

FISV passes some but not all shariah screens. Some scholars may permit investing with purification of non-compliant income, while others advise avoiding it. Consult a qualified scholar.

What shariah screening criteria were used for FISV?

FISV was screened using AAOIFI-based criteria: (1) Business activity — must not derive primary income from haram activities, (2) Debt-to-market-cap ratio must be ≤33%, (3) Interest income must be ≤5% of revenue, (4) Cash & interest-bearing securities must be ≤33% of market cap. FISV passed 3 of these 4 screens.

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Is FISV (Fiserv, Inc.) Halal or Haram?

Q: Is FISV (Fiserv, Inc.) stock halal?

Based on our AAOIFI-standard screening, FISV is classified as Doubtful. Fiserv passes the business activity screen, as its payment processing and financial technology services are generally permissible. However, the stock fails the AAOIFI debt screen by a wide margin, with interest-bearing debt reaching 88.0% of its market capitalization, well above the 33% limit. Consequently, FISV is currently classified as doubtful for halal portfolios despite having negligible interest income at 0.00%.

NASDAQ Global SelectTechnologyInformation Technology Services$33.09B2026-04-29

FISV is Doubtful3/4 screens passed

Fiserv passes the business activity screen, as its payment processing and financial technology services are generally permissible. However, the stock fails the AAOIFI debt screen by a wide margin, with interest-bearing debt reaching 88.0% of its market capitalization, well above the 33% limit. Consequently, FISV is currently classified as doubtful for halal portfolios despite having negligible interest income at 0.00%.

Price Chart (5D)

$52.71-5.84 (-9.97%)

2026-06-082026-06-01

FISV — Last 7 Days

Date	Open	High	Low	Close	Volume	Change
2026-06-08	54.12	54.12	52.56	52.72	5.6M	-2.59%
2026-06-05	55.10	55.83	53.48	54.43	7.1M	-1.22%
2026-06-04	56.08	57.02	55.72	56.23	5.4M	+0.27%
2026-06-03	56.00	56.40	53.00	55.08	10.3M	-1.64%
2026-06-02	58.00	58.10	56.35	56.46	8.4M	-2.66%
2026-06-01	56.80	59.08	56.43	59.05	8.0M	+3.96%
2026-05-29	55.64	57.33	55.40	56.56	11.9M	+1.65%

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Shariah Screening Details for FISV

Business Activity

Permissible

Fiserv's core business of providing payment technology, point-of-sale systems like Clover, and financial software is permissible as it facilitates general commerce rather than conventional lending itself.

Debt / Market Cap

88.01%

Debt: $29.12BThreshold: ≤33%

Interest Income

0.00%

Interest: $0Threshold: ≤5%

Cash & Securities

2.41%

Cash: $798.0MThreshold: ≤33%

About Fiserv, Inc. (FISV)

For Muslim investors, Fiserv presents a challenging profile and is currently rated as Doubtful. While its core technology services pass the business activity screen, the company severely fails the AAOIFI debt threshold, making it unsuitable for strict shariah-compliant portfolios at this time.

The primary concern from an Islamic finance perspective is Fiserv's excessive leverage, with debt accounting for 88.0% of its market capitalization compared to the 33% maximum allowance. On a positive note, the company maintains very clean revenue streams, with interest income sitting at 0.00% and cash reserves at a conservative 2.4%.

Since the primary failure is purely financial rather than operational, investors should monitor Fiserv's balance sheet in future quarters. If the company significantly pays down its debt or experiences a massive market cap expansion, it could eventually return to compliance.

CEO

Michael Patrick Lyons

Employees

38,000

IPO Date

1986-09-25

Headquarters

Milwaukee, WI, US

Website

www.fiserv.com

FISV Key Financial Statistics

Revenue

$21.19B

Net Income

$3.48B

EPS (Diluted)

$6.34

Stock Price

61.88

Beta

0.79

52-Week Range

53.26-238.59

Total Debt

$29.12B

Total Equity

$25.79B

Current Ratio

1.03

FISV Financial Health & Profitability

Profit Margins

Gross Margin59.4%

Operating Margin26.9%

Net Margin16.4%

Revenue Growth (YoY)

+3.6%

Prior year: $20.46B

Net Debt

$28.32B

Cash: $798.0M — Debt: $29.12B

Frequently Asked Questions About FISV

Is FISV (Fiserv, Inc.) stock halal to invest in?▾

Based on our AAOIFI-standard shariah screening, FISV is classified as Doubtful. It passed 3 of 4 compliance screens. Some scholars may permit investing with income purification, while others advise avoiding it. We recommend consulting a qualified Islamic scholar before investing in FISV.

What does Fiserv, Inc. do?▾

Fiserv, Inc. is a global leader in payment and financial services technology. The company provides essential infrastructure for digital commerce, including the popular Clover point-of-sale system, merchant acquiring services, and security solutions. For Muslim investors, Fiserv presents a challenging profile and is currently rated as Doubtful. While its core technology services pass the business activity screen, the company severely fails the AAOIFI debt threshold, making it unsuitable for strict shariah-compliant portfolios at this time. The primary concern from an Islamic finance perspective is Fiserv's excessive leverage, with debt accounting for 88.0% of its market capitalization compared to the 33% maximum allowance. On a positive note, the company maintains very clean revenue streams, with interest income sitting at 0.00% and cash reserves at a conservative 2.4%. Since the primary failure is purely financial rather than operational, investors should monitor Fiserv's balance sheet in future quarters. If the company significantly pays down its debt or experiences a massive market cap expansion, it could eventually return to compliance. Fiserv, Inc. operates in the Technology sector under the Information Technology Services industry and is headquartered in Milwaukee, WI, US. The company is led by CEO Michael Patrick Lyons and employs approximately 38,000 people.

What screening criteria were used for FISV?▾

FISV 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. FISV passed 3 of these 4 screens.

When was FISV last screened?▾

FISV 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.

Disclaimer

This shariah compliance assessment for FISV (Fiserv, Inc.) is provided for informational purposes only and does not constitute financial, investment, or religious advice. Screening criteria are based on widely accepted AAOIFI standards, but individual scholars may differ in their opinions. Always consult with a qualified Islamic scholar and licensed financial advisor before making investment decisions. Past screening status does not guarantee future compliance. Last screened: 2026-04-29.

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