Is Verisk Analytics (VRSK) stock Halal?

Verisk Analytics is a prominent data analytics and risk assessment company that provides critical information and insights to clients across various industries. Its primary function is to offer advanced data analytics solutions that help businesses enhance their decision-making processes and improve risk management strategies. Verisk serves sectors such as insurance, energy, financial services, and natural resources, offering specialized data and analytical tools that assist in operational efficiency and strategic planning. For Muslim investors, though, the most pressing question is simpler: is Verisk Analytics a Halal investment?

Is Verisk Analytics Shariah compliant?

No. In the October 2026 screening Verisk Analytics (VRSK) does not pass AAOIFI screening: it fails the non-permissible income screen. For industrial companies like Verisk Analytics, the product is rarely the problem; aircraft, vehicles and machinery are permissible. The exposure is leverage: fleets and factories are financed, and the 30% cap that AAOIFI Shariah Standard No. 21 places on interest bearing debt is the screen that decides most verdicts in this sector.

Does Verisk Analytics pass the business activity test?

The activity screen is only part of the picture this month: Verisk Analytics currently fails the non-permissible income screen, so the overall verdict is not compliant regardless of the business itself. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.

Is Verisk Analytics' income Halal?

No. Verisk Analytics' 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 Verisk Analytics meet AAOIFI's debt and investment ratio requirements?

Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation, measured against a market capitalisation of $21.8B (market data as of 1 October 2026). Because the caps move with the share price, our Shariah Supervisory Board has VRSK re-screened every month, and the result above always shows the latest verdict.

Why do other halal screeners show a different verdict for Verisk Analytics?

Screeners can disagree without either being wrong. AAOIFI Shariah Standard No. 21, which Tabadulat applies, measures interest bearing debt and investments against market capitalisation with a 30% ceiling. MSCI and FTSE measure them against total assets with a 33% ceiling, and S&P and Dow Jones Islamic use a multi year average of market capitalisation. Data dates differ too, because each provider reads filings and prices on its own schedule. The same company can therefore pass one standard and fail another in the same month. Tabadulat publishes one answer, the AAOIFI result as of October 2026, and re-screens it every month.

Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.

New to the screening method? Read AAOIFI Standards Explained: What Makes a Stock Halal?