Is VRSK (Verisk Analytics, Inc.) Halal or Haram?

Based on our AAOIFI-standard shariah screening, VRSK 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 (21.77% vs ≤33% threshold), interest income ratio (0.00% vs ≤5% threshold), and cash & securities ratio (9.42% vs ≤33% threshold).

Verisk Analytics, Inc. is a leading provider of data analytics and decision support solutions worldwide. The company specializes in predictive analytics for underwriting, claims, and catastrophe risk, primarily serving the insurance, energy, and financial services sectors. For Muslim investors, VRSK represents a solid Halal investment opportunity in the industrial consulting space. The stock successfully passed all four AAOIFI screening criteria, meaning both its core business activities and financial structures align with Islamic finance principles. From a financial perspective, Verisk demonstrates strong compliance with a conservative debt-to-market cap ratio of 21.8%. Additionally, the company generates zero interest income against its revenue, which is excellent for halal investors seeking to avoid riba-based earnings. While the company's core analytics business is inherently permissible, investors should periodically monitor its Financial Services segment. Ensuring that its data solutions in commercial banking do not pivot toward directly facilitating impermissible financial products will be important for long-term compliance. Verisk Analytics, Inc. operates in the Industrials sector under the Consulting Services industry and is headquartered in Jersey City, NJ, US. The company is led by CEO Lee Shavel and employs approximately 7,800 people.

VRSK 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. VRSK passed 4 of these 4 screens.

VRSK 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.

VRSK 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.