Is JKHY halal?
Jack Henry & Associates, Inc.
Halal
Jack Henry & Associates, Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 14 October 2026
Exchange
NASDAQ
Price
153.19
Day
-2.10%
Market cap
$10.74B
Industry
Information Technology Services
Sector
Technology
What the company does
Jack Henry provides core banking software and payment processing for small and mid-sized banks and credit unions. Its money comes from software subscriptions and transaction fees; it lends nothing itself (its customers are banks — considered by the screener).
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 $40.00M ÷ 36-month average market cap $12.15B = 0.3%
0.3%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $12.06M ÷ 36-month average market cap $12.15B = 0.1%
0.1%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $23.14M ÷ annual revenue $2.54B (2026) = 0.9%
0.9%
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: $10.74B.
For information (AAOIFI 3/1 note): cash + receivables are 11.7% 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
- 0.02% weight · #468 of 503
- Among halal stocks
- 0.02% · #409 of 1455
- Held by funds
- Not held by any tracked fund
- Dividend
- 1.55% · purify 0.9% · net 1.54%
Halal stocks in the same industry
The largest halal stocks in Information Technology Services — for comparison.
Related articles
- Halal investingBlogHow to calculate purification for a halal stockEven a halal company earns a little interest. A simple formula and worked example for how much of your dividend to give to charity.
- GuideBlogDividends, zakat and tax: a practical guide for US stock holdersHow much US tax is withheld from dividends, what to declare in Uzbekistan, and how zakat on shares is calculated — with one worked example.
- Halal investingBlogWhy does a stock's halal status change?A stock that was halal yesterday can leave the list today. The four main reasons — and why none of them is a bug.
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.