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EPAM

EPAM Systems Inc.

HALAL
Score: 86/100
stock

Is EPAM Halal?

Software engineering services — IT consulting and software development is permissible.

What You Should Know

EPAM Systems is a global software engineering and IT consulting company, providing custom software development, digital platform engineering, and product design services to enterprises worldwide. Core business is entirely permissible professional services. No haram revenue streams. Low debt, strong cash generation, and no financial services operations. Some government/defense clients exist but constitute a small minority of revenue and involve software services, not weapons.

⚠️ Concerns

  • •Minor government/defense software contracts (indirect, small portion of revenue)
  • •Minor interest income on cash
  • •Geographic concentration risk from Eastern Europe operations
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