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Shariah compliance overview

Doubtful

HealthEquity, Inc. (HQY) is currently classified as Doubtful by Akinda Shariah screening (AAOIFI-aligned methodology).

About HealthEquity, Inc.

Headquartered in Draper, Utah, and established in 2002, HealthEquity, Inc. furnishes technology-powered service platforms to both individual consumers and employers across the United States.

HealthEquity, Inc. (HQY) operates in the Healthcare sector, in the Medical - Healthcare Information Services industry.

Why it is not classified as halal: it does not pass these screens: Business Activity.

If you hold HQY, give 24.93% of the dividends you receive to charity to purify the non-compliant share of its income.

Business Activity
48.95%Limit 5%Fail
Interest-bearing debt
12.77%Limit 30%Pass
Interest-bearing securities and assets
4.25%Limit 30%Pass
Dividend purification
24.93%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about HealthEquity, Inc. (HQY). Current Akinda screening label: Doubtful.