Fidelity National Information Services
0.0 %
32.11 %
Yet to be announced
Company Overview
Fidelity National Information Services, Inc. provides technology solutions for merchants, banks, and capital markets firms. The Merchant Solutions segment offers enterprise acquiring, software-led small- to medium-sized businesses acquiring, and global e-commerce solutions. The Banking Solutions segment provides core processing and ancillary applications; digital solutions, including Internet, mobile, and e-banking.
Revenue Sources
After reviewing FIS's business model and revenue sources, their primary income streams come from technology services, payment processing, and financial software solutions. These are halal business activities as they involve providing legitimate services and products rather than interest-based income or prohibited activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $2.57b | $2.14b | - | $64.0m | 0.00% | 2.99% |
| June 30, 2024 | $2.49b | $2.15b | - | $43.0m | 0.00% | 2.00% |
| March 31, 2024 | $2.47b | $2.18b | - | $77.0m | 0.00% | 3.53% |
| Dec. 31, 2023 | $2.51b | $2.43b | - | $249.0m | 0.00% | 10.25% |
Looking at the most recent four quarters, FIS's interest expenses as a proportion of total expenses have remained below concerning levels. While the company does have interest expenses from operational financing, these are not central to their business model and represent a small portion of their overall expenses.
Operational Ethics
Based on available information from SEC filings and company disclosures, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's global operations appear to be conducted through standard commercial relationships.
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