Shariah compliance overview
HalalVertex, Inc. (VERX) is currently classified as Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
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.
Vertex, Inc. (VERX) operates in the Technology sector, in the Software - Application industry.
Why it is halal: it passes all three AAOIFI screens. Non-compliant revenue is 0.70% (limit 5%), interest-bearing debt is 7.60% (limit 30%) and interest-bearing securities and assets are 6.81% (limit 30%).
If you hold VERX, give 0.70% of the dividends you receive to charity to purify the non-compliant share of its income.
- Business Activity
- 0.70%Limit 5%Pass
- Interest-bearing debt
- 7.60%Limit 30%Pass
- Interest-bearing securities and assets
- 6.81%Limit 30%Pass
- Dividend purification
- 0.70%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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Company Profile
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Frequently asked questions
Quick answers about Vertex, Inc. (VERX). Current Akinda screening label: Halal.
