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Is TransAct Technologies Inc Stock Halal?
Shariah Compliance Analysis of TACT Stock
No. As of November 2026, TransAct Technologies Inc (TACT) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. TransAct Technologies Inc does not pass Musaffa's business and financial screening criteria.
TransAct Technologies, Inc. engages in the operation of a software-driven technology and printing solutions company. The company is headquartered in Hamden, Connecticut and currently employs 103 full-time employees. The Company’s solutions are designed based on customer requirements and are sold under the BOHA!, AccuDate, EPICENTRAL, Epic and Ithaca brands. Through the TransAct Services Group, it also provides customers with a range of supplies and consumable items both online at http://www.transactsupplies.com and through its direct sales team. Its primary offering in the food service technology market is its line of BOHA! Products. In the POS market, it sells a printer utilizing thermal printing technology. The company sells several models of printers used in slot machines and video lottery terminals (VLTs) and other gaming machines that print tickets or receipts instead of issuing coins at casinos, racetracks, and other gaming venues worldwide. The company also offers a software solution, the EPICENTRAL Print System.
TACT Shariah Compliance
Screening Methodology: AAOIFI
As of November 2026, TransAct Technologies Inc is classified as not halal.
NOT HALALTransAct Technologies Inc (TACT) Chart
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Financial Metrics & Statements of TransAct Technologies Inc (TACT)
FAQ's for TransAct Technologies Inc (TACT)
- As of November 2026, TransAct Technologies Inc TACT is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes TransAct Technologies Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in TransAct Technologies Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of TransAct Technologies Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of TransAct Technologies Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of TransAct Technologies Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for TransAct Technologies Inc (TACT)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.