Is TYLER TECHNOLOGIES INC (TYL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 4.0% / 30% | 6.8% / 30% | 4.1% / 30% | 1.61% / 5% | ✓ HALAL |
| DJIM | 4.0% / 33% | 6.8% / 33% | 4.1% / 33% | 1.61% / 5% | ✓ HALAL |
| MSCI | 11.4% / 33% | 19.5% / 33% | 11.7% / 33% | 1.61% / 5% | ✓ HALAL |
| S&P | 4.0% / 33% | 6.8% / 33% | 4.1% / 33% | 1.61% / 5% | ✓ HALAL |
| FTSE | 11.4% / 33% | 19.5% / 33% | 11.7% / 50% | 1.61% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 46.5% | |
| Operating Margin | 13.2% | |
| Net Margin | 13.5% | |
| Return on Equity (ROE) | 8.9% | |
| Return on Assets (ROA) | 4.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $654M |
| Free Cash Flow | $621M |
| Total Debt | $643M |
| Debt-to-Equity | 17.4 |
| Current Ratio | 1.1 |
| Total Assets | $5.6B |
Price & Trading
| Last Close | $341.07 |
| 50-Day MA | $360.27 |
| 200-Day MA | $480.01 |
| Avg Volume | 648K |
| Beta | 0.9 |
|
52-Week Range
$283.72
| |
About TYLER TECHNOLOGIES INC (TYL)
Tyler Technologies, Inc. provides integrated software and technology management solutions for the public sector in the United States. It operates in two segments, Enterprise Software and Platform Technologies. The company designs, develops, markets, and supports a range of software solutions to serve mission-critical back-office functions. It also offers platform and transformative technology solutions, such as cybersecurity, data and insights, digital solutions, payments, platform technologies, and outdoor recreation; public administration solutions, including civic services, ERP, property and recording, and regulatory; and corrections, courts and justice, and public safety solutions. In addition, the company provides school ERP and student transportation K-12 education solutions; and health and human services solutions comprising environmental health, and disability and benefits. It has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. The company was formerly known as Tyler Corporation and changed its name to Tyler Technologies, Inc. in June 1999. Tyler Technologies, Inc. was founded in 1966 and is based in Plano, Texas.
Purification Calculator
As a halal stock with 1.61% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is TYLER TECHNOLOGIES INC (TYL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), TYLER TECHNOLOGIES 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 TYLER TECHNOLOGIES INC's debt ratio?
TYLER TECHNOLOGIES INC's debt ratio is 4.0% 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 11.4%.
Does TYLER TECHNOLOGIES INC require dividend purification?
Yes, TYLER TECHNOLOGIES INC has an impermissible income ratio of 1.61%, which means 1.61% 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 TYLER TECHNOLOGIES INC's key financial metrics?
TYLER TECHNOLOGIES INC has a market capitalization of $14.4B, trailing P/E ratio of 46.3, and revenue of $2.3B. The company maintains a gross margin of 46.5% and a net margin of 13.5%. Return on equity stands at 8.9%.
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.