GEN
Gen Digital Inc.
Is GEN Halal?
Cybersecurity is generally permissible, but Gen's April 2026 debt/assets ratio is 52.58% and the MoneyLion-era Trust-Based Solutions segment introduces mixed financial-product activity.
What You Should Know
Gen Digital's April 3, 2026 Form 10-K reports $15,589M total assets, $8,196M of interest-bearing debt, $402M cash and equivalents, $361M accounts receivable and $5,000M fiscal revenue. ZakatInvest calculates debt/assets 52.58%, cash plus identifiable interest-bearing securities/assets 2.58%, receivables plus cash/assets 4.89% and a conservative combined interest-income proxy of 0.86%. Cyber Safety Platform revenue was $3,339M, while Trust-Based Solutions revenue was $1,661M and includes MoneyLion, financial wellness and marketplace products. Cybersecurity is generally permissible, but the consolidated financial screen fails and product-level Trust-Based revenue remains mixed.
⚠️ Concerns
- •Debt/assets is 52.58%, above the examined FTSE Yasaar, MSCI and Malaysia SAC asset-based limits
- •Trust-Based Solutions was $1,661M, or 33.22% of fiscal revenue, and includes financial wellness, MoneyLion and Engine marketplace products
- •Gen sold $4,126M of Instacash Advances during fiscal 2026 and recognized $59M of servicing income; the filing says the advances do not bear interest or mandatory fees, but contract treatment remains methodology-dependent
- •Engine connects consumers with offers across lending, insurance, credit and banking, and Gen acquired a digital personal-insurance marketplace platform
- •Interest income was $25M and net interest income on notes receivable was $18M; no fixed purification percentage is asserted
- •MoneyLion acquisition integration, debt refinancing, share repurchases and product mix can materially change the next screen
Current quantitative Sharia screen
Based on 10-K figures for the period ended 2026-04-03; calculated 2026-07-13.
8,196 / 15,589
402 / 15,589
763 / 15,589
43 / 5,000
- Financial
- Fails
- Overall
- Fails
Debt is 52.58% of assets, above the examined 33.333% limit; liquidity is 2.58%, receivables plus cash are 4.89% and the conservative combined interest proxy is 0.86%. The financial screen fails on debt and the mixed Trust-Based Solutions business remains incomplete.
- Financial
- Fails
- Overall
- Fails
Debt is 52.58% of assets, above the examined 33.33% MSCI limit; liquidity and receivables plus cash pass their known limits. This is a calculation against the named method, not an index-membership claim, and Trust-Based Solutions remains mixed.
- Financial
- Fails
- Overall
- Fails
Debt is 52.58% of assets, above the examined 33% Malaysia SAC limit. Cybersecurity is generally permissible, but the financial-wellness, marketplace and Instacash mix is not separated into a universal activity numerator.
- Financial
- Not calculated
- Overall
- Incomplete
A properly licensed and reproducible historical market-cap series is not stored, so no unsupported market-cap percentage is substituted for the filing-backed asset-based calculation.
Business-activity disclosure
Gen's Cyber Safety Platform provides consumer security, privacy and threat-protection software through Norton, Avast and related brands, which is generally permissible technology activity. The consolidated issuer also has a material Trust-Based Solutions segment covering identity, reputation, financial wellness, MoneyLion products and Engine marketplace offerings, so the filing does not support a single universal business-activity ruling for every revenue stream.
Limitation: The filing quantifies the two operating segments but does not allocate the $1,661 million Trust-Based Solutions segment into identity protection, financial education, lending-related marketplace, insurance comparison, Instacash, servicing, or other product-level revenue. No prohibited-revenue percentage is invented; the mixed activity remains incomplete while the debt screen independently fails.
Purification
Gen discloses $25 million of interest income and $18 million of net interest income on notes receivable; ZakatInvest shows a conservative combined proxy of 0.86% of revenue but does not assert a fixed scholar-approved purification percentage. The mixed Trust-Based Solutions activity remains incomplete.
Inputs, assumptions and primary sources
- Inputs use Gen Digital's April 3, 2026 Form 10-K; amounts are USD millions.
- Interest-bearing debt uses $8,196 million of total debt: $181 million current portion plus $8,015 million long-term debt. Operating leases, tax liabilities, contract liabilities and other obligations are excluded.
- Cash uses $402 million of cash and cash equivalents, excluding $9 million of restricted cash. Money-market funds and time deposits are included within cash equivalents; no separate securities balance is added to avoid double counting.
- Receivables use $361 million of net accounts receivable, including trade receivables, notes receivable and Instacash Advances net of allowance. Other current assets and assets held for sale are excluded.
- Fiscal 2026 net revenue was $5,000 million. The filing separately reports $25 million of interest income in other income and $18 million of net interest income on notes receivable within revenue. The combined $43 million is a conservative upper-bound income proxy, or 0.86% of revenue; it is not a scholar-approved purification percentage.
- Cyber Safety Platform revenue was $3,339 million and Trust-Based Solutions revenue was $1,661 million. The Trust-Based segment includes identity, reputation, financial wellness, first-party MoneyLion products and Engine marketplace offerings.
- Gen sold $4,126 million of Instacash Advances during fiscal 2026 and recognized $59 million of servicing income; the filing says these advances do not bear interest or mandatory fees, but their financial-product and contract treatment remains methodology-dependent.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
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