Is EPAM Systems, Inc. (EPAM) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.8% / 30% | 16.1% / 30% | 13.8% / 30% | 0.21% / 5% | ✓ HALAL |
| DJIM | 1.8% / 33% | 16.1% / 33% | 13.8% / 33% | 0.21% / 5% | ✓ HALAL |
| MSCI | 2.9% / 33% | 26.4% / 33% | 22.6% / 33% | 0.21% / 5% | ✓ HALAL |
| S&P | 1.8% / 33% | 16.1% / 33% | 13.8% / 33% | 0.21% / 5% | ✓ HALAL |
| FTSE | 2.9% / 33% | 26.4% / 33% | 22.6% / 50% | 0.21% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 28.9% | |
| Operating Margin | 11.9% | |
| Net Margin | 6.9% | |
| Return on Equity (ROE) | 10.3% | |
| Return on Assets (ROA) | 7.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $655M |
| Free Cash Flow | $613M |
| Total Debt | $144M |
| Debt-to-Equity | 3.9 |
| Current Ratio | 2.6 |
| Total Assets | $4.9B |
Price & Trading
| Last Close | $136.15 |
| 50-Day MA | $164.74 |
| 200-Day MA | $171.53 |
| Avg Volume | 1.1M |
| Beta | 1.8 |
|
52-Week Range
$125.57
| |
About EPAM Systems, Inc. (EPAM)
EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; cloud services for creating a roadmap to set and refine IT and business goals while identifying new and emerging opportunities leveraging cloud technologies; data, analytics and artificial intelligence; customer experience; marketing; and cybersecurity. It also offers operation solutions comprising integrated engineering practices and smart automation services. In addition, the company offers software product and platform development services, which comprise product research, customer experience design and prototyping, program management, component design and integration, full lifecycle software testing, product deployment and end-user customization, performance tuning, product support and maintenance, managed services, as well as cross-platform migration and modernizing legacy platforms. The company serves the financial services; consumer goods, retail and travel; software and Hi-tech; business information and media, life sciences and healthcare; and emerging verticals industries EPAM Systems, Inc. was founded in 1993 and is headquartered in Newtown, Pennsylvania.
Purification Calculator
As a halal stock with 0.21% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is EPAM Systems, Inc. (EPAM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), EPAM Systems, 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 EPAM Systems, Inc.'s debt ratio?
EPAM Systems, Inc.'s debt ratio is 1.8% 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 2.9%.
Does EPAM Systems, Inc. require dividend purification?
Yes, EPAM Systems, Inc. has an impermissible income ratio of 0.21%, which means 0.21% 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 EPAM Systems, Inc.'s key financial metrics?
EPAM Systems, Inc. has a market capitalization of $7.5B, trailing P/E ratio of 20.1, and revenue of $5.5B. The company maintains a gross margin of 28.9% and a net margin of 6.9%. Return on equity stands at 10.3%.
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.