Fiserv Inc

FI
Failed

Company Overview

Fiserv, Inc. engages in the provision of financial services technology. It operates through the following segments: Merchant Acceptance, Financial Technology, and Payments and Network. The Merchant Acceptance segment provides commerce enabling solutions and serves merchants of all sizes around the world. The Financial Technology segment offers technology solutions needed to run operations, including products and services that enable financial institutions to process customer deposit and loan accounts. The Payments and Network segment includes the provision of services to financial institutions and corporate clients with products and services required to process digital payment transactions. The company was founded by Leslie M. Muma and George D. Dalton on July 31, 1984 and is headquartered in Brookfield, WI.

Country
US
Market Cap
$75.58B
Last Fiscal Year
2023
Final Shariah Status
Failed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
0.07% passed
5% Threshold
0.1%
Liabilities Compliance
30.74% failed
33% Threshold
30.7%
Final Shariah Status
Failed

This stock does not meet all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name Fiserv Inc
Ticker FI
Main Business Information Technology Services
Type Common Stock
Industry Information Technology Services
Country US
Market Cap $75.58 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Acceptance $7,290.0 $0.0 -
Payments $6,260.0 $0.0 -
Fintech $3,170.0 $0.0 -
Corporate and Other $1,010.0 $0.0 -
Interest income $13.0 $13.0 -
Total $17,743.0 $13.0 0.07% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
current debt and capital lease obligation $873,000,000.0 1.16%
long term debt and capital lease obligation $22,360,000,000.0 29.59%
Total Interest-Bearing Debt $23,233,000,000.0 30.74%
Market Capitalization $75,575,332,800.0 100.00%
Compliance Status Threshold: 33% failed