Is Fidelity National Information Services (FIS) stock halal?
Screened against AAOIFI Shari’ah Standard 21
No. Fidelity National Information Services (FIS) does not pass the AAOIFI Shari’ah Standard 21 screen. Interest-bearing debt is 38.4% of the company’s 36-month average market value. AAOIFI’s limit is under 30% (Shari'ah Standard 21, 3/4/2). Last checked 18 September 2026.
Fidelity National Information Services is not compliant under Halal / Islamic guidelines
AAOIFI Shari’ah Standard 21 Financial Audit
Figures from the latest annual report (the SEC filing or, for European companies, the ESEF annual report, where one exists, checked against Yahoo Finance) and a 36-month average market value.
| Test | Standard Limit | Actual Figure | Status |
|---|---|---|---|
| Main business | — | — | Pass |
| Interest-bearing debt | 30% | 38.43% | Fail |
| Cash and interest-bearing investments | 30% | 1.76% | Pass |
| Prohibited income | 5% | — | Review |
| Not just cash and debts | 90% | 19.16% | Pass |
Key Findings & Observations
- Its annual report has a division called ‘Banking Solutions’ (68.2% of revenue). We couldn’t tell from the name whether it is conventional banking, lending or insurance.Source: https://www.sec.gov/Archives/edgar/data/1136893/000113689326000013/
- Interest-bearing debt is 38.4% of the company’s 36-month average market value. AAOIFI’s limit is under 30% (Shari'ah Standard 21, 3/4/2).Source: AAOIFI Shari'ah Standard 21
- The prohibited income test couldn’t be settled: The share of revenue from conventional banking, lending or insurance isn’t reported.Source: AAOIFI Shari'ah Standard 21
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Frequently Asked Questions about Fidelity National Information Services, Inc. (FIS)
Is Fidelity National Information Services (FIS) stock halal?▾
No. Fidelity National Information Services (FIS) does not pass the AAOIFI Shari’ah Standard 21 screen. Interest-bearing debt is 38.4% of the company’s 36-month average market value. AAOIFI’s limit is under 30% (Shari'ah Standard 21, 3/4/2). Last checked 18 September 2026.
What is Fidelity National Information Services's debt ratio under Islamic finance standards?▾
Under AAOIFI Shari’ah Standard 21, interest-bearing debt must stay under 30% of a company's 36-month average market value. Fidelity National Information Services's ratio is about 38.4%.
How much dividend purification is required for Fidelity National Information Services (FIS) stock?▾
Fidelity National Information Services does not pass the screen, so purification does not apply: the standard does not permit holding it.
Does Fidelity National Information Services operate in prohibited business activities?▾
AAOIFI Shari’ah Standard 21 excludes companies whose main business is prohibited, such as alcohol, pork, gambling, conventional interest-based finance and adult entertainment. Fidelity National Information Services's main business is checked against these. For companies that file with the US SEC, revenue by division is also read from the filing, so a division in a prohibited business is counted. Where the check cannot be settled, the result is shown as Needs Review rather than guessed.
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