NCR Voyix Corporation (VYX) - Not Halal (Non-Compliant)
NCR Voyix Corporation (VYX) 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: 93.2% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 16.8% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.3% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.30%.Based on the company's financial statements, approximately 0.30% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.30% of total income). Some scholars may differ on the exact calculation method.
About NCR Voyix Corporation
NCR Voyix Corporation provides digital commerce solutions for retail stores and restaurants in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through Retail and Restaurants segments. It offers application program interface connectivity to retail software platforms and applications, hardware terminals, self-service kiosks, including self-checkout, payment processing and merchant acquiring solutions, and bar-code scanners for enterprise and mid-market retailers in the convenience fuel retail and department specialty retail industries, as well as grocery stores, drug stores, and big box retailers. The company also provides POS hardware and software solutions; payment processing; and installation and maintenance services, as well as managed and professional services for restaurants and food service establishment, including quick service, table service and fast casual restaurants. In addition, it offers Voyix Commerce Platform; and back-office solutions, including payment, data and analytics, inventory, and scheduling and labor management solutions. Further, the company provides online ordering; white-labeled websites and mobile applications; Aloha Next by Voyix; and consumer experience, loyalty and marketing. It also provides professional, field break-fix, restaurant managed, installation services, and connected service desk; and fixed and mobile point-of-sale and consumer display terminals, self-checkout hardware, kiosks, kitchen display systems, printers, cash drawers, keyboards, handheld scanners and payment terminals, and ordering kiosks. The company was formerly known as NCR Corporation and changed its name to NCR Voyix Corporation in October 2023. The company was incorporated in 1884 and is headquartered in Atlanta, Georgia.

