Is CSG SYSTEMS INTERNATIONAL INC (CSGS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 24.8% / 30% | 7.9% / 30% | 16.3% / 30% | 0.43% / 5% | ✓ HALAL |
| DJIM | 24.8% / 33% | 7.9% / 33% | 16.3% / 33% | 0.43% / 5% | ✓ HALAL |
| MSCI | 36.6% / 33% | 11.7% / 33% | 24.0% / 33% | 0.43% / 5% | ✗ NOT HALAL |
| S&P | 24.8% / 33% | 7.9% / 33% | 16.3% / 33% | 0.43% / 5% | ✓ HALAL |
| FTSE | 36.6% / 33% | 11.7% / 33% | 24.0% / 50% | 0.43% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 49.0% | |
| Operating Margin | 13.0% | |
| Net Margin | 4.6% | |
| Return on Equity (ROE) | 19.7% | |
| Return on Assets (ROA) | 6.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $156M |
| Free Cash Flow | $141M |
| Total Debt | $565M |
| Debt-to-Equity | 203.3 |
| Current Ratio | 1.4 |
| Total Assets | $1.5B |
Price & Trading
| Last Close | $80.10 |
| 50-Day MA | $79.81 |
| 200-Day MA | $71.65 |
| Avg Volume | 435K |
| Beta | 0.9 |
|
52-Week Range
$54.65
| |
About CSG SYSTEMS INTERNATIONAL INC (CSGS)
CSG Systems International, Inc., together with its subsidiaries, provides revenue management and digital monetization, customer experience, and payment solutions primarily to the communications industry in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Advanced Convergent Platform, a private SaaS platform; and related solutions, including service technician management, analytics, electronic bill presentment, etc. It also provides a public SaaS-based revenue management and payments platform. In addition, the company offers managed services; and professional services to implement, configure, and maintain its solutions, as well as licenses various solutions, such as mediation, partner management, rating, and charging. Further, it provides operational services, including infrastructure management comprised of hardware, application, and environmental management; application configuration management, such as configuration development, release, and deployment; and business operations management, which includes event processing, revenue management, and settlement. The company serves retail, financial services, healthcare, insurance, and government entities. CSG Systems International, Inc. was incorporated in 1994 and is headquartered in Englewood, Colorado.
Purification Calculator
As a halal stock with 0.43% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is CSG SYSTEMS INTERNATIONAL INC (CSGS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CSG SYSTEMS INTERNATIONAL INC is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is CSG SYSTEMS INTERNATIONAL INC's debt ratio?
CSG SYSTEMS INTERNATIONAL INC's debt ratio is 24.8% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 36.6%.
Does CSG SYSTEMS INTERNATIONAL INC require dividend purification?
Yes, CSG SYSTEMS INTERNATIONAL INC has an impermissible income ratio of 0.43%, which means 0.43% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are CSG SYSTEMS INTERNATIONAL INC's key financial metrics?
CSG SYSTEMS INTERNATIONAL INC has a market capitalization of $2.3B, trailing P/E ratio of 40.6, and revenue of $1.2B. The company maintains a gross margin of 49.0% and a net margin of 4.6%. Return on equity stands at 19.7%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.