VBT YAZILIM (VBTYZ.IS) - Not Halal (Non-Compliant)
VBT YAZILIM (VBTYZ.IS) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Technology
- Industry
- Information Technology Services
- Result
- Pass
- Reason
- The sector "Technology" and industry "Information Technology Services" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 35.0% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 17.2% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 1.3% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 1.31%.Based on the company's financial statements, approximately 1.31% of dividend income should be donated to charity for purification. This is derived from identified interest income (1.31% of total income). Some scholars may differ on the exact calculation method.
About VBT YAZILIM
VBT Yazilim Anonim Sirketi provides software, hardware, and consultancy services in Turkey. The company offers Heroty, an integrated human resources management platform; Flerpi commercial accounting software; e-transformation services; and VizyonIK, a web-based payroll and human resources management software. It also provides training, operating systems support, database support, application development, information systems service management consultancy, project management, process consultancy services, and modernization services. The company was incorporated in 1993 and is headquartered in Istanbul, Turkey.
Frequently Asked Questions
Is VBT YAZILIM (VBTYZ.IS) stock halal to invest in?
According to AAOIFI Shariah screening standards, VBT YAZILIM (VBTYZ.IS) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does VBT YAZILIM have any interest income?
VBT YAZILIM's interest income ratio is 17.2% of total revenue. AAOIFI standards require this to be below 30%.

