What is TransAct Technologies Incorporated's Shariah compliance score?

TransAct Technologies Incorporated's (TACT) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does TransAct Technologies Incorporated pass AAOIFI screening?

TransAct Technologies Incorporated (TACT) 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% (TACT: 6.9%), (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 TransAct Technologies Incorporated 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 TransAct Technologies Incorporated (TACT) using the latest financial data.

Where can I screen TransAct Technologies Incorporated for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for TransAct Technologies Incorporated (TACT) 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 TACT's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

TACT: Is TransAct Technologies Incorporated Halal?

TransAct Technologies Incorporated

NASDAQTechnologyUS

$5.06

+6.20%

Market Cap: 51.9M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is TransAct Technologies Incorporated (TACT) halal? Not Halal. Based on AAOIFI screening, TransAct Technologies Incorporated has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

Involved in prohibited business activities.

Failed

Company debt

Well clear of the limit

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

6.9% of 30.0% limit

What this means for you

Most scholars advise not holding TACT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About TransAct Technologies Incorporated

TransAct Technologies Incorporated designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally. It offers thermal printers and terminals to generate labels, coupons, and transaction records, such as receipts, tickets, and other documents. The company also provides consumable products, including POS receipt paper, ribbons, and other printing supplies, as well as replacement parts and accessories; and maintenance and repair services. In addition, it offers EPICENTRAL print system, a software solution that enables casino operators to create promotional coupons and marketing messages, and print them at the slot machine; and technical support services, as well as spare parts and accessories. Further, the company provides BOHA! terminal that combines hardware and software components in a device that includes an operating system, touchscreen, and one or two thermal print mechanisms. It markets its products under the TransAct, BOHA!, AccuDate, Epic, Ithaca, and EPICENTRAL brands for food service technology, point of sale automation, and casino and gaming markets. The company sells its products to original equipment manufacturers, value-added resellers, and distributors, as well as directly to end-users through its webstore transactsupplies.com. The company was incorporated in 1996 and is headquartered in Hamden, Connecticut.

Sector: Technology · Industry: Computer Hardware

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Prohibited activity detected: casino

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

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

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Apple Inc.

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NVDA

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CRM

Salesforce, Inc.

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ADBE

Adobe Inc.

Free · No credit card required

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Frequently Asked Questions

Is TransAct Technologies Incorporated (TACT) halal to invest in?

TransAct Technologies Incorporated (TACT) 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 TransAct Technologies Incorporated get a F compliance rating?

TransAct Technologies Incorporated (TACT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 6.9% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change TransAct Technologies Incorporated's Shariah verdict?

TransAct Technologies 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 TransAct Technologies Incorporated re-screened for Shariah compliance?

TransAct Technologies Incorporated (TACT) 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.