What is PayPay Corporation's Shariah compliance score?

PayPay Corporation's (PAYP) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does PayPay Corporation pass AAOIFI screening?

PayPay Corporation (PAYP) 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% (PAYP: 33.2%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for PayPay Corporation stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for PayPay Corporation (PAYP) using the latest financial data.

Where can I screen PayPay Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for PayPay Corporation (PAYP) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about PAYP's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

PAYP: Is PayPay Corporation Halal?

PayPay Corporation

NASDAQTechnologyJP

$16.17

+6.38%

Market Cap: 10.9B

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is PayPay Corporation (PAYP) halal? Not Halal. Based on AAOIFI screening, PayPay Corporation 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%.

33.2% of 30.0% limit

What this means for you

Most scholars advise not holding PAYP

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About PayPay Corporation

PayPay Corporation is a leading Japanese financial technology firm that delivers a comprehensive digital finance platform. This platform offers a wide array of user-friendly payment solutions and various other financial services across Japan. The company's operations are strategically divided into two main segments: Payment and Financial Services. The Payment division is primarily responsible for facilitating transaction settlements and related functionalities, predominantly via its popular PayPay mobile application. Additionally, this segment provides credit options, including revolving credit, installment payment schemes, and instant cash advances. Conversely, the Financial Services division encompasses a diverse portfolio of offerings such as online banking, securities brokerage, investment services tied to PayPay Points, and comprehensive loan management. Its extensive suite of services covers numerous payment methods—from direct and balance-based payments to credit and linked account payments, utility bill and tax payments, and merchant acquiring services. On the financial side, it includes digital banking, deposit accounts and remittance, various lending products, securities trading (including digital securities, app-based investment, automated investing, and CFD trading), foreign exchange transactions, and sophisticated asset and loan management capabilities, often integrated with its proprietary credit engine. Beyond its core financial offerings, PayPay also provides additional value-added services for both individual users and business clients, such as insurance products and marketing solutions for merchants. All these services are offered under the widely recognized PayPay brand. Founded in 2018, PayPay Corporation is headquartered in Shinjuku, Japan.

Sector: Technology · Industry: Software - Infrastructure

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

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: FY 2026Data source: FMP

Halal Alternatives in Technology

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

BVCA+

BitVentures Limited

$10.80

-7.46%

0008.KLA+

Willowglen MSC Bhd

$0.29

+0.00%

0010.KLA+

IRIS Corporation Bhd

$0.22

-0.04%

0023.KLA+

IFCA MSC Bhd

$0.22

+0.00%

0036.KLA+

Key Alliance Group Bhd

$0.07

+0.00%

More Technology Stocks

MSFT

Microsoft Corporation

A+

GOOGL

Alphabet Inc.

AAPL

Apple Inc.

A+

NVDA

NVIDIA Corporation

A+

CRM

Salesforce, Inc.

B+

ADBE

Adobe Inc.

Free · No credit card required

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Frequently Asked Questions

Is PayPay Corporation (PAYP) halal to invest in?

PayPay Corporation (PAYP) 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 PayPay Corporation get a F compliance rating?

PayPay Corporation (PAYP) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 33.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change PayPay Corporation's Shariah verdict?

PayPay 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 PayPay Corporation re-screened for Shariah compliance?

PayPay Corporation (PAYP) 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: Aug 26, 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.