ADP — Automatic Data Processing, Inc.
Permissible business; briefly holds client funds, a minor recurring consideration.
Why?
ADP's core payroll and HR services business is permissible. It briefly holds client payroll funds before disbursement and earns some interest on that float, a minor and largely immaterial consideration for most screening methodologies.
How this was screened
Primary basis: Financial-ratio screen.
References
- Screened against commonly applied Islamic finance criteria (business-activity exclusions plus AAOIFI-influenced financial ratio thresholds); exact methodology varies by provider (e.g. AAOIFI, S&P/Dow Jones Islamic Market, MSCI Islamic).
As of: 2026-09-06
This is informational guidance only, not investment advice or a certified Sharia determination. Financial ratios shift every quarter — always verify current figures with a dedicated Islamic screening service or qualified financial and religious advisor before making investment decisions.