
Is DXC Technology (DXC) stock Halal?
September 2026 AAOIFI screening result for DXC Technology Co. (DXC): non-permissible income, fail. Interest-bearing investments, fail. Interest-bearing debt, fail. Preference shares, pass. DXC Technology Co. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
DXC Technology operates as a prominent information technology services company, providing comprehensive IT solutions for businesses and public sector organizations across the globe. With a primary focus on driving digital transformation, DXC Technology offers services such as cloud services, hybrid IT solutions, cybersecurity, and business process services. The company supports a broad spectrum of industries, including healthcare, banking, travel, and manufacturing, helping clients manage, optimize, and innovate their operations through technology. Before any of that matters to a Muslim investor, one question comes first: is DXC Technology stock Halal?
Is DXC Technology Shariah compliant?
The Shariah case on a technology company like DXC Technology is rarely about the product. What AAOIFI Shariah Standard No. 21 examines is the money around the product: cash parked in instruments that earn Riba, borrowing measured against a market capitalisation that moves daily, and any incidental income from sources Islam prohibits, which must stay below 5% of revenue.
Does DXC Technology pass the business activity test?
The activity screen is only part of the picture this month: DXC Technology currently fails the non-permissible income, interest-bearing investments and interest-bearing debt screens, so the overall verdict is not compliant regardless of the business itself. The watch item for technology names is incidental: cash returns and platform content can carry impermissible elements, which AAOIFI tolerates only below the thresholds.
Is DXC Technology's income Halal?
No. DXC Technology's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does DXC Technology meet AAOIFI's debt and investment ratio requirements?
No. Both ratios currently breach the 30% caps: interest bearing investments and interest bearing debt each exceed the limit AAOIFI permits for a Halal investment. The ratios move with the share price as well as the balance sheet, and our Shariah Supervisory Board has DXC re-screened every month.
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