PYPL
Quality Rating
PayPal Holdings, Inc. (PYPL) operates as a leading digital payments platform, facilitating online transactions globally. This analysis evaluates its Shariah compliance across financial ratios, business activities, index inclusions, and multi-perspective authorities. While financial metrics demonstrate strong compliance with debt, liquidity, and income thresholds, the core business in conventional financial services results in non-compliance under most Shariah standards. No inclusion in major Shariah indices confirms the overall non-compliant status. Investors should consider purification for minor impure income and explore compliant fintech alternatives.
Purification Required
Minimal purification needed for dividend income
Index Inclusion
Not included in S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, or Dow Jones Islamic Market (DJIM)
Key Compliance Considerations
- Core business involves facilitation of riba-based transactions through payment processing
- Classification as conventional financial services exceeds permissible revenue thresholds
Debt Ratio
16.6%
Liquidity Ratio
16.3%
Interest Income Ratio
0.0%
Purification
0.83%