CNDTNot HalalF
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Conduent Incorporated

CNDT: Is Conduent Incorporated Halal?

Conduent Incorporated

NASDAQTechnologyUS

$1.64

Market Cap: 254.4M

Compliance Status

Not Halal

Screened on Sep 27, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Conduent Incorporated (CNDT) halal? Not Halal. Based on AAOIFI screening, Conduent Incorporated passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Conduent Incorporated (CNDT) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 27, 2026. Source: https://halalscreener.app/en/stock/CNDT

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

276.7% of 30.0% limit
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The verdict above is final and free.

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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding CNDT

It does not pass AAOIFI Shariah screening.

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About Conduent Incorporated

Conduent Incorporated delivers a range of business process services, leveraging expertise in handling high-volume transactions, data analysis, and automated systems across North America, Europe, and other global markets. The company's operations are organized into three primary divisions: Commercial Industries, Government Services, and Transportation. The Commercial Industries segment caters to a diverse array of businesses, furnishing them with tailored business process solutions. These include managing customer interactions, processing transactions, and providing services related to healthcare, human resources, and professional learning. Its Government Services arm specializes in delivering government-focused business process support to federal, state, local, and international public sector entities. This encompasses services for public aid, program oversight, processing payments and transactions, medical and fiscal agent care management, public healthcare programs, various payment systems, child welfare support, and other federal initiatives. The Transportation segment supplies essential mobility and payment system solutions, along with their ongoing support, primarily to governmental clients. Its offerings extend to electronic toll collection, strategies for mitigating urban traffic congestion, usage-based mileage solutions, public transit systems, management of citations and permits, parking enforcement, managing curbside space demand, and advanced computer-aided dispatch with automatic vehicle location technologies. Established in 2016, Conduent Incorporated maintains its corporate headquarters in Florham Park, New Jersey.

Sector: Technology · Industry: Information Technology Services

Why this does not pass

  • Interest-bearing debt is 276.7% of market cap, over the 30% AAOIFI limit.
  • Interest-bearing deposits are over the 30% limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 27, 2026

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PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Screened according to AAOIFI Standard 21

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Technology

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Frequently Asked Questions

Is Conduent Incorporated (CNDT) halal to invest in?
Conduent Incorporated (CNDT) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Conduent Incorporated get a F compliance rating?
Conduent Incorporated (CNDT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 276.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Conduent Incorporated's Shariah verdict?
Conduent Incorporated'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 Conduent Incorporated re-screened for Shariah compliance?
Conduent Incorporated (CNDT) 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: Sep 27, 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.