Yes. As of October 2026, IT Consultants PLC (ITC.DS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. IT Consultants PLC passes Musaffa's business and financial screening criteria.
IT Consultants Plc engages in the provision of transaction processing services to major banks, financial institutions, government organizations, and retailers. is a Bangladesh-based licensed payment system operator and PCI DSS certified company. By providing a range of payment solutions, the Company deploys its products and services to multiple clients across various vertical segments, such as banking and financial services institutions, telecommunications, transportation, and retail. The company offers a range of business solutions, such as card management systems, biometric automated teller machine (ATM), IT infrastructure & solutions, and transaction switching. Its products include Qpay, Point Of Sale (POS) and Kiosk (Deposit Machine). Its Qpay fintech application offers account/card balance check, inter-bank fund transfer, instant transaction control, and transaction history. The company offers payment terminals (POS) and its financial software products. Its Kiosk Terminal is developed for indoor use and can be adapted to provide individual kiosk solutions for a variety of sectors and industries.
I
IT Consultants PLC ITC.DS
ITC.DS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, IT Consultants PLC is classified as halal.
Bangladesh Financials Micro Cap