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

EVERTEC, Inc.'s (EVTC) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does EVERTEC, Inc. pass AAOIFI screening?

EVERTEC, Inc. (EVTC) does not pass 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% (EVTC: 56.0%), (3) interest-bearing deposits below 30% (EVTC: 14.1%), and (4) prohibited income below 5% (EVTC: 1.6%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

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

EVERTEC, Inc. (EVTC) has a non-permissible income ratio of 1.64%. Muslim investors should purify this percentage of any dividends received and capital gains realized from EVTC 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 EVERTEC, Inc. for Shariah compliance for free?

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

EVTC: Is EVERTEC, Inc. Halal?

EVERTEC, Inc.

NYSETechnologyUS

$29.25

+1.32%

Market Cap: 1.8B

Compliance Status

Not Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

AvoidBorderlineClean

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%.

56.0% of 30.0% limit

What this means for you

Most scholars advise not holding EVTC

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About EVERTEC, Inc.

EVERTEC, Inc. specializes in transaction processing services, with a strong presence throughout Latin America and the Caribbean. The company's operations are divided into distinct segments: Payment Services for Puerto Rico & the Caribbean, Payment Services for Latin America, Merchant Acquiring, Business Solutions, and Corporate & Other. Among its core offerings are merchant acquiring services, which enable both brick-and-mortar and online businesses to securely accept and process various electronic payment options, such as debit, credit, prepaid, and Electronic Benefit Transfer (EBT) cards. EVERTEC also delivers extensive payment processing solutions designed to assist financial institutions and other issuers in managing and facilitating credit, debit, prepaid, automated teller machine (ATM), and EBT card programs. This includes critical functions like credit and debit card processing, transaction authorization and settlement, and advanced fraud detection and control mechanisms, alongside specific EBT services. Additionally, the company provides a suite of business process management (BPM) solutions. These offerings encompass services such as core bank processing, network hosting and management, IT consulting, business process outsourcing, item and cash processing, and fulfillment solutions, serving financial institutions, corporate enterprises, and government bodies. A key asset for EVERTEC is its ownership and operation of the ATH network, which serves as both an ATM and a PIN debit network. The company manages a sophisticated system of electronic payment networks capable of processing approximately three billion transactions annually. Services are primarily distributed through a dedicated direct sales force. Its broad clientele includes financial institutions, merchants, corporations, and government agencies. EVERTEC, Inc. was founded in 1988 and is headquartered in San Juan, Puerto Rico.

Sector: Technology · Industry: Software - Infrastructure

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 2026

Compliance History

Not Halalnow
since Jun 2026
Doubtful
until the change above

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

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Technology

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

UIA+

Ubiquiti Inc.

$608.16

+0.85%

0005.KLA+

UCrest Bhd

$0.07

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0008.KLA+

Willowglen MSC Bhd

$0.30

+0.02%

0010.KLA+

IRIS Corporation Bhd

$0.22

+0.02%

0023.KLA+

IFCA MSC Bhd

$0.20

-0.02%

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Frequently Asked Questions

Is EVERTEC, Inc. (EVTC) halal to invest in?

EVERTEC, Inc. (EVTC) 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 EVERTEC, Inc. get a F compliance rating?

EVERTEC, Inc. (EVTC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 56.0% (limit 30%); interest-bearing deposits of 14.1% (limit 30%); prohibited income of 1.64% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

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

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

EVERTEC, Inc. (EVTC) 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: Jul 20, 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.