Is Infosys Ltd. INFY stock halal to invest in?

No, as of August 2026, Infosys Ltd. stock (INFY) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. Infosys Ltd. currently does not meet the threshold for the non-permissible income screen. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of Infosys Ltd. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Infosys Ltd. INFY reviewed for Shariah compliance?

Tabadulat reviews Infosys Ltd. INFY for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Infosys Ltd. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Infosys Ltd. INFY pass the AAOIFI Non Permissible Income criteria?

No, as of August 2026, Infosys Ltd. stock (INFY) does not pass the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. Infosys Ltd.'s income from non-permissible sources currently exceeds this 5% ceiling, which makes the stock non-compliant on this criterion regardless of how it performs on the other screens. The screen is reassessed monthly, so the status can change when the company releases new financial statements.

Does Infosys Ltd. INFY pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Infosys Ltd. stock (INFY) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). Infosys Ltd.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Infosys Ltd. INFY pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Infosys Ltd. stock (INFY) passes the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. This cap limits shareholders' exposure to interest-based leverage. Infosys Ltd.'s interest-bearing debt is currently within the 30% threshold. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for Infosys Ltd. INFY stock?

Infosys Ltd. (INFY) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If Infosys Ltd. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Infosys Ltd. INFY pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Infosys Ltd. stock (INFY) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Infosys Ltd. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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Infosys Ltd.

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INFY

About

Infosys Ltd.

INFY

Infosys Ltd. is a leading global consulting and IT services company. Its primary function is to offer business consulting, information technology, and outsourcing services. Founded in 1981 and headquartered in Bengaluru, India, Infosys plays a crucial role in digital transformation, helping enterprises harness technology innovation to improve performance. The company is known for its significant contribution to sectors such as finance, manufacturing, insurance, and healthcare, providing solutions in areas like cloud computing, data analytics, and enterprise application management. With a presence in over 50 countries, Infosys emphasizes sustainable technology practices, guided by its strategic approach to harness cutting-edge technologies like artificial intelligence and blockchain. In the financial market, Infosys Ltd. is a bellwether for the Indian IT industry, being one of the largest and most influential firms in the sector. Its focus on both business agility and technological innovation ensures it remains integral to the global IT services landscape.

Sector:

Technology

Industry:

Information Technology Services

Employees:

331991

Website:

https://www.infosys.com

INFY

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Infosys Ltd.

About

Infosys Ltd.

INFY

Frequently asked questions

Is Infosys Ltd. INFY stock halal to invest in?

How often is Infosys Ltd. INFY reviewed for Shariah compliance?

Does Infosys Ltd. INFY pass the AAOIFI Non Permissible Income criteria?

Does Infosys Ltd. INFY pass the AAOIFI Interest Bearing Investments criteria?

Does Infosys Ltd. INFY pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Infosys Ltd. INFY stock?

Does Infosys Ltd. INFY pass the AAOIFI Preference Share screen?

Can I buy Infosys (INFY) stock on Tabadulat?

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