What is EPAM Systems, Inc.'s Shariah compliance score?

EPAM Systems, Inc. (EPAM) has a Shariah compliance score of 73/100 (Grade: B+, Good) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does EPAM Systems, Inc. pass AAOIFI screening?

EPAM Systems, Inc. (EPAM) partially passes with caution AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (EPAM: 0.5%), (3) interest-bearing deposits below 30% (EPAM: 29.6%), and (4) prohibited income below 5% (EPAM: 0.3%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for EPAM Systems, Inc. stock?

EPAM Systems, Inc. (EPAM) has a non-permissible income ratio of 0.29%. Muslim investors should purify this percentage of any dividends received and capital gains realized from EPAM shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen EPAM Systems, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for EPAM Systems, Inc. (EPAM) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about EPAM's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is EPAM Systems, Inc. (EPAM) halal? Doubtful. Based on AAOIFI screening, EPAM Systems, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 73/100 (Grade: B+).

EPAM: Is EPAM Systems, Inc. Halal?

Doubtful

EPAM Systems, Inc.

NYSETechnologyUS

$103.23

-5.08%

AvoidBorderlineClean

Purify ~0.3% of income

About EPAM Systems, Inc.

EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; infrastructure management services, such as software development, testing, and maintenance with private, public, and mobile infrastructures for application, database, network, server, storage, and systems operations management, as well as monitoring, incident notification, and resolution services; and maintenance and support services. It also provides operation solutions comprising integrated engineering practices and smart automation; and optimization solutions that include software application testing, test management, automation, and consulting services to enable customers enhance their existing software testing and quality assurance practices, as well as other testing services that identify threats and close loopholes to protect its customers' business systems from information loss. In addition, the company offers business, experience, technology, data, and technical advisory consulting services; and digital and service design solutions, which comprise strategy, design, creative, and program management services, as well as physical product development, such as artificial intelligence, robotics, and virtual reality. It serves the financial services, travel and consumer, software and hi-tech, business information and media, life sciences and healthcare, and other industries. The company was founded in 1993 and is headquartered in Newtown, Pennsylvania.

Sector: Technology · Industry: Information Technology Services

Why This Stock Is Doubtful

Interest-bearing deposits are 29.6% of market cap, only 0.4 points below the 30% limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026

B+

Good

Good compliance with minor concerns

73Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap0.5% / 30.0%

Compliance History

Doubtful, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 18, 2026Fiscal: Q1 2026Source: EDGAR

Purify Your EPAM Dividends

0.3% non-compliant income

EPAM has 0.3% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

5.4B

Price

$103.23

Sector

Technology

Industry

Information Technology Services

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Frequently Asked Questions

Is EPAM Systems, Inc. (EPAM) halal to invest in?

EPAM Systems, Inc. (EPAM) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.

Why did EPAM Systems, Inc. get a B+ compliance rating?

EPAM Systems, Inc. (EPAM) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.5% (limit 30%); interest-bearing deposits of 29.6% (limit 30%); prohibited income of 0.29% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change EPAM Systems, Inc.'s Shariah verdict?

EPAM Systems, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is EPAM Systems, Inc. re-screened for Shariah compliance?

EPAM Systems, Inc. (EPAM) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 18, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.