Annotated balance sheet · halal screening

Global Payments Inc.

The full balance sheet for GPN, with the line items that feed each halal check marked and explained inline. Read it like a financial report that grades itself.

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Annotated balance sheet · halal screening

Global Payments Inc. — Q1 2026

Source: SEC Form 10-Q filed 2026-03-31 · via FMP · USD millions · Open filing

Assets

Current Assets

Cash & cash equivalents①

$5,861

Marketable securities①

Accounts receivable

$4,769

Inventories

Other current assets

$1,044

Total current assets

$11,674

Non-current Assets

Property, plant & equipment, net②tangible

$2,012

Operating lease right-of-use assets②tangible

Long-term marketable securities①

$829

Goodwill

$27,083

Intangible assets, net

$20,176

Other non-current assets

$2,140

Total non-current assets

$52,240

TOTAL ASSETS

$64,255

CHECK ①

Cash + Securities Ratio

under AAOIFI

41.7%

✗ FAIL

Threshold≤ 30%Shortfall11.7 percentage points over the limit

Breach risk

Breached

0%← Pass zone | Fail zone →46%

Caps how much of a company's value can be held in interest-bearing financial assets — too much suggests the business is more about earning interest than producing real goods/services.

SourceAAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds), §3.5.1

Liabilities

Current Liabilities

Accounts payable

$3,729

Other current liabilities

$5,793

Deferred revenue

Commercial paper③interest-bearing

Short-term debt③interest-bearing

$2,593

Total current liabilities

$12,115

Non-current Liabilities

Long-term debt③interest-bearing

$20,984

Other non-current liabilities

$1,115

Total non-current liabilities

$22,099

TOTAL LIABILITIES

$39,580

CHECK ③

Interest-bearing Debt Ratio

under AAOIFI

147.1%

✗ FAIL

Threshold≤ 30%Shortfall117.1 percentage points over the limit

Breach risk

Breached

0%← Pass zone | Fail zone →162%

Caps how much of a company's value comes from interest-bearing loans. Companies that rely heavily on riba (interest-based debt) fail this check even if their business itself is permissible.

SourceAAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds), §3.4.2

Income Statement Excerpt (trailing 12 months)

Total revenue

$8,831

Of which:

Product & services revenue

$8,831

Interest income④non-permissible

$129

CHECK ④

Non-permissible Income Ratio

under AAOIFI

1.5%

✓ PASS

Threshold≤ 5%Buffer3.5 percentage points to spare

Breach risk

Comfortable

0%← Pass zone | Fail zone →8%

Caps what fraction of company revenue can come from non-permissible sources. If your stock passes but interest income is high, you'd 'purify' your share of that income through charity.

SourceAAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds), §3.6

Final verdict — under AAOIFI Standard

Not halal

Sector check passes: ✗ no

Want to verify against the primary document? Open full SEC filing

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