GPN
Global Payments Inc.
Is GPN Halal?
Payment technology with a 36.69% debt/assets screen and mixed financial-institution exposure.
What You Should Know
Global Payments' March 31, 2026 filing shows debt/assets 36.69%, liquidity/assets 9.12%, receivables plus cash/assets 11.33%, and a conservative interest-and-other-income proxy of 1.09% of quarterly revenue. Payment processing can support permissible commerce, but issuer, lending-adjacent and conventional-financial-institution integrations require review.
⚠️ Concerns
- •Debt screen fails at 36.69% of assets
- •Mixed bank, issuer and lending-adjacent integrations
- •Seller-financing interest is included in the income proxy
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-14.
23,577.104 / 64,254.841
5,861.312 / 64,254.841
7,276.983 / 64,254.841
33.52 / 3,076.852
- Financial
- Fails
- Overall
- Fails
Debt is 36.69% of total assets, above the examined 33.333% limit; liquidity is 9.12%, receivables plus cash are 11.33% and the conservative income proxy is 1.09%.
- Financial
- Fails
- Overall
- Fails
Debt is 36.69% of total assets, above the examined 33.33% limit; liquidity and receivables-plus-cash remain below their limits. This is not an index-membership claim.
- Financial
- Fails
- Overall
- Fails
Debt is 36.69% of total assets, above the examined 33% limit, while identifiable liquidity is below 33%. This is a calculation against SAC ratios, not an official classification.
- Financial
- Not calculated
- Overall
- Not calculated
A properly licensed and reproducible 24- or 36-month issuer market-cap history is not stored, so market-cap methods are not estimated from a current spot price.
Business-activity disclosure
Global Payments provides merchant acquiring, payment processing and settlement technology. Payment services can support permissible commerce, but issuer, lending-adjacent and conventional-financial-institution integrations require qualitative review.
Limitation: The filing does not provide a reproducible prohibited-revenue numerator for conventional lending, issuer services or customer end uses.
Purification
The filing reports a conservative interest-and-other-income proxy of 1.09% of quarterly revenue, but ZakatInvest does not prescribe a fixed scholar-approved purification percentage and mixed activity revenue remains incomplete.
Inputs, assumptions and primary sources
- Debt combines $1,010.304 million of settlement lines of credit, $1,582.335 million of current long-term debt and $20,984.465 million of long-term debt.
- Cash uses $5,861.312 million of cash and cash equivalents. Settlement processing assets are operational pass-through balances and are excluded from unrestricted interest-bearing securities.
- Accounts receivable are $1,415.671 million and reported quarterly total revenue is $3,076.852 million.
- The filing reports $33.520 million of interest and other income, including $25.2 million of seller-financing note interest; it is entered as a conservative upper-bound income proxy, or 1.09% of quarterly revenue.
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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