
Is NCR Voyix (VYX) stock Halal?
September 2026 AAOIFI screening result for NCR Voyix Corp. (VYX): non-permissible income, pass. Interest-bearing investments, pass. Interest-bearing debt, fail. Preference shares, pass. NCR Voyix Corp. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
NCR Voyix is a prominent technology-focused company that delivers specialized software and solutions for diverse industries. Primarily recognized for its expertise in self-service kiosks, point-of-sale terminals, and automated teller machines, NCR Voyix plays a pivotal role in the financial and retail sectors. The company's innovative solutions extend beyond hardware, encompassing a comprehensive suite of software and services designed to enhance customer engagement and operational efficiency. Before any of that matters to a Muslim investor, one question comes first: is NCR Voyix stock Halal?
Is NCR Voyix Shariah compliant?
The Shariah case on a technology company like NCR Voyix 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 NCR Voyix pass the business activity test?
The activity screen is only part of the picture this month: NCR Voyix currently fails the interest-bearing debt screen, 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 NCR Voyix's income Halal?
Yes, within AAOIFI's tolerance. NCR Voyix's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does NCR Voyix meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
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