Fiserv Inc
FICompany 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.
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
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
Name | Fiserv Inc |
Ticker | FI |
Main Business | Information Technology Services |
Type | Common Stock |
Industry | Information Technology Services |
Country | US |
Market Cap | $75.58 B |
Shariah Analysis Breakdown
Revenue Segment | Value ($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 | $13.0 | 0.07% (passed) |
Liability Item | Value ($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 |