What is Vertex, Inc.'s Shariah compliance score?

Vertex, Inc. (VERX) has a Shariah compliance score of 70/100 (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 Vertex, Inc. pass AAOIFI screening?

Vertex, Inc. (VERX) passes 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% (VERX: 17.5%), (3) interest-bearing deposits below 30% (VERX: 14.0%), and (4) prohibited income below 5% (VERX: 0.7%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Vertex, Inc. stock?

Vertex, Inc. (VERX) has a non-permissible income ratio of 0.74%. Muslim investors should purify this percentage of any dividends received and capital gains realized from VERX 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 Vertex, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Vertex, Inc. (VERX) 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 VERX's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Vertex, Inc. (VERX) halal? Halal. Based on AAOIFI screening, Vertex, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 70/100 (Grade: B+).

VERX: Is Vertex, Inc. Halal?

Halal

Vertex, Inc.

NASDAQTechnologyUS

$11.94

+0.59%

AvoidBorderlineClean

Purify ~0.7% of income

About Vertex, Inc.

Vertex, Inc. specializes in delivering advanced tax technology solutions to corporations across various sectors, including retail, communication, leasing, and manufacturing. These services are provided to clients both within the United States and globally. Its comprehensive product portfolio encompasses tools for tax determination, compliance and reporting, efficient tax data and document management, pre-built integration capabilities, and specialized solutions tailored to specific industries. Clients can access their software through traditional on-premise licenses or via cloud-based Software as a Service (SaaS) subscriptions. Beyond its software offerings, Vertex also delivers essential support services. These include implementation and training for its licensed and cloud-based products, as well as outsourced transaction tax return processing and other ancillary tax-related consultations. Established in 1978, Vertex, Inc. has its headquarters situated in King of Prussia, Pennsylvania.

Sector: Technology · Industry: Software - Application

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 2026

B+

Good

Good compliance with minor concerns

70Score

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 Cap17.5% / 30.0%

Compliance History

Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Screened: Jun 17, 2026Fiscal: Q1 2026Source: FMP

Purify Your VERX Dividends

0.7% non-compliant income

VERX has 0.7% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

1.9B

Price

$11.94

Sector

Technology

Industry

Software - Application

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Frequently Asked Questions

Is Vertex, Inc. (VERX) halal to invest in?

Based on AAOIFI Standard 21 screening, Vertex, Inc. (VERX) is rated Halal with a compliance grade of B+ (Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

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

Vertex, Inc. (VERX) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 17.5% (limit 30%); interest-bearing deposits of 14.0% (limit 30%); prohibited income of 0.74% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Vertex, Inc.'s Shariah verdict?

Vertex, 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 Vertex, Inc. re-screened for Shariah compliance?

Vertex, Inc. (VERX) 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 17, 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.