Is FISV halal?
Fiserv, Inc.
Not halal
Fiserv, Inc. did not pass AAOIFI screening. The failed check is shown below.
Checked: 13 October 2026
Exchange
NASDAQ
Price
47.21
Day
+2.47%
Market cap
$24.49B
Industry
—
Sector
—
What the company does
Fiserv provides payment technology for banks and merchants: core banking software, card processing and the Clover point-of-sale system. Revenue comes from per-transaction fees and software charges.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $27.91B ÷ 36-month average market cap $78.20B = 35.7%
35.7%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $245.00M ÷ 36-month average market cap $78.20B = 0.3%
0.3%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $38.00M ÷ annual revenue $21.19B (2025) = 0.2%
0.2%
Pass
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $24.49B.
For information (AAOIFI 3/1 note): cash + receivables are 5.3% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- 0.04% weight · #347 of 503
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 9 superinvestors · Average reported price: $49.05
- Hillman Capital Management$3.8M2.8%
- Samantha McLemorePatient Capital Management$46.8M1.6%
- Bill NygrenOakmark Funds$1.1B1.4%
- Vulcan Value Partners$43.8M1.3%
- Dodge & Cox Funds$2.5B1.3%
- Mairs & Power Funds$112.5M1.0%
Exited this quarter: Mason Hawkins
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- Halal investingBlogAAOIFI Shariah Standard No. 21 in plain languageThe most widely used standard for halal stock screening: the two-step test, the three ratios and how it differs from other methods.
Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.