Is Vertex, Inc. (VERX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 14.4% / 30% | 12.9% / 30% | 7.5% / 30% | 0.7% / 5% | ✓ HALAL |
| DJIM | 14.4% / 33% | 12.9% / 33% | 7.5% / 33% | 0.7% / 5% | ✓ HALAL |
| MSCI | 27.6% / 33% | 24.7% / 33% | 14.4% / 33% | 0.7% / 5% | ✓ HALAL |
| S&P | 14.4% / 33% | 12.9% / 33% | 7.5% / 33% | 0.7% / 5% | ✓ HALAL |
| FTSE | 27.6% / 33% | 24.7% / 33% | 14.4% / 50% | 0.7% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 64.3% | |
| Operating Margin | 2.9% | |
| Net Margin | 1.0% | |
| Return on Equity (ROE) | 3.3% | |
| Return on Assets (ROA) | 0.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $166M |
| Free Cash Flow | $48M |
| Total Debt | $351M |
| Debt-to-Equity | 135.5 |
| Current Ratio | 1.0 |
| Total Assets | $1.3B |
Price & Trading
| Last Close | $11.77 |
| 50-Day MA | $14.98 |
| 200-Day MA | $23.14 |
| Avg Volume | 2.1M |
| Beta | 0.7 |
|
52-Week Range
$11.25
| |
About Vertex, Inc. (VERX)
Vertex, Inc., together with its subsidiaries, provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally. The company offers transaction determination; compliance and reporting, including workflow management tools; tax data management and document management solutions; analytics and insights; pre-built integration that includes mapping data fields, and business logic and configurations; industry-specific solutions support certain industries for indirect tax needs, such as retail, communications, and leasing; and technology specific solutions, such as chain flow accelerator and SAP-specific tools. It provides implementation services, such as configuration, data migration and implementation, and support and training; E-invoicing, an end-to-end e-invoicing process; and managed services, including indirect tax return preparation, filing and tax payment, and notice management. The company sells its software products through software licenses and software as a service subscription. Vertex, Inc. has a strategic collaboration with xSuite Group GmbH. The company was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.
Purification Calculator
As a halal stock with 0.70% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Vertex, Inc. (VERX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Vertex, 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 Vertex, Inc.'s debt ratio?
Vertex, Inc.'s debt ratio is 14.4% 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 27.6%.
Does Vertex, Inc. require dividend purification?
Yes, Vertex, Inc. has an impermissible income ratio of 0.70%, which means 0.70% 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 Vertex, Inc.'s key financial metrics?
Vertex, Inc. has a market capitalization of $1.8B, trailing P/E ratio of 283.5, and revenue of $748M. The company maintains a gross margin of 64.3% and a net margin of 1.0%. Return on equity stands at 3.3%.
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.