First Advantage Corporation

FA: Is First Advantage Corporation Halal?

First Advantage Corporation

NASDAQIndustrialsUS

$22.35

+0.18%

Market Cap: 3.8B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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%.

56.4% of 30.0% limit

What this means for you

Most scholars advise not holding FA

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About First Advantage Corporation

First Advantage Corporation (FA) is a global technology firm that delivers solutions centered on human capital, specializing in verification, screening, safety protocols, and regulatory adherence. The company provides an extensive array of services both before and after an individual joins an organization. For pre-employment needs, their offerings encompass criminal background checks, drug and health screenings, verification for an extended workforce, FBI channeling, identity confirmation including biometric fraud mitigation tools, validation of educational and professional histories, driver record checks and compliance, healthcare credential verification, and specialized executive screening, alongside other assessment products. Beyond the initial hiring phase, their post-onboarding solutions include continuous monitoring for criminal records, healthcare sanctions, motor vehicle records, social media activity, and global sanctions and licenses. Furthermore, First Advantage extends its expertise to areas such as fleet and vehicle compliance management, assistance with securing hiring tax credits and incentives, screening services for residents and tenants, and investigative research. These diverse services cater to professionals in various departments, including human resources, recruitment, risk management, compliance, vendor relations, and security, across enterprises of all sizes – from global corporations to mid-sized and small businesses. Established in Atlanta, Georgia, in 2003, First Advantage Corporation was previously known as Fastball Intermediate, Inc., adopting its current name in March 2021.

Sector: Industrials · Industry: Specialty Business Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is First Advantage Corporation (FA) halal to invest in?
First Advantage Corporation (FA) 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 First Advantage Corporation get a F compliance rating?
First Advantage Corporation (FA) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 56.4% (limit 30%); interest-bearing deposits of 6.3% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change First Advantage Corporation's Shariah verdict?
First Advantage Corporation'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 First Advantage Corporation re-screened for Shariah compliance?
First Advantage Corporation (FA) 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 18, 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.