NASDAQ Shariah screener · October 2026
Is VeriSign, Inc. (VRSN) Halal?
VeriSign, Inc. · NASDAQ: VRSN · Technology
The short answer
Yes - VeriSign, Inc. (VRSN) passes this Shariah stock screen on all three gates. The business is domain-name registry and internet infrastructure services - the authoritative .com and .net registries, root-zone maintainer services, and two global root servers - with no haram segments disclosed in its filings. Interest-bearing debt of $2,334.4M (Q2 2026 10-Q, filed July 23, 2026) is about 9.3% of its ~$25.2B market cap ($286.90 latest quote, October 2026), below the ~33% ceiling. Interest income of $10.2M - separately disclosed in Note 10 - is about 1.2% of revenue ($863.5M, six months ended June 30, 2026), below the 5% ceiling. Note: Musaffa classifies VRSN as halal (September 2026); Zoya's page rendered no readable rating; no ShariaPortfolio rating was found.
Gate 1 — Business activity: PASS
VeriSign, Inc. (NASDAQ: VRSN) is a global provider of critical internet infrastructure and domain-name registry services - per its filings. It operates the authoritative registry for the .com and .net top-level domains under agreements with ICANN and the U.S. Department of Commerce/NTIA, performs root-zone maintainer services, and operates two of the 13 global internet root servers, plus back-end registry systems for .cc, .gov, .edu, and .name and NIA (non-registry infrastructure) services. Revenues are 'primarily derived from registrations for domain names in the .com and .net domain name registries.' Haram flags checked (factual, from the filings): no alcohol, tobacco, gambling, weapons, pork, or interest-based lending businesses. Nothing in the filings suggests a haram segment. Gate 1 passes. Facts only.
Gate 2 — Debt and cash: PASS
Per VeriSign's 10-Q for the quarter ended June 30, 2026 (filed July 23, 2026), interest-bearing debt was $2,334.4M - current senior notes $549.3M plus long-term senior notes $1,785.1M on the balance sheet. Against a market cap of about $25.2B ($286.90 latest quote, October 2026), debt / market cap is about 9.3%, below the ~33% ceiling. Cash and cash equivalents of $840.9M plus marketable securities of $193.2M ($1,034.1M combined) are about 4.1% of market cap. Gate 2 passes. Facts only.
Gate 3 — Non-compliant income: PASS
VeriSign's Q2 2026 10-Q discloses interest income of $10.2M as a separate line in Note 10 for the six months ended June 30, 2026 (from surplus cash and marketable securities), against revenue of $863.5M - about 1.2% of revenue, well below the 5% ceiling (full-year FY2025: $26.5M vs $1,656.6M, about 1.6%; interest expense is a separate line - nothing netted). Gate 3 passes on a directly disclosed figure. Facts only.
Key figures used
- Business: domain-name registry and internet infrastructure - authoritative .com/.net registry (ICANN/NTIA agreements), root-zone maintainer, 2 of 13 global root servers, NIA services; no haram segments disclosed in the filings
- Debt: $2,334.4M (current senior notes $549.3M + long-term senior notes $1,785.1M) - debt / market cap about 9.3% of ~$25.2B, under the ~33% ceiling
- Cash: $840.9M cash and cash equivalents + $193.2M marketable securities = $1,034.1M combined, about 4.1% of market cap
- Interest income: $10.2M (separately disclosed, Note 10, six months ended June 30, 2026) vs revenue $863.5M - about 1.2% of revenue, under the 5% ceiling; FY2025 $26.5M vs $1,656.6M (1.6%)
- Market cap: ~$25.2B ($286.90 latest quote, October 2026); 10-Q for quarter ended June 30, 2026, filed July 23, 2026
- Musaffa: halal (September 2026); Zoya: page exists but no rating readable; ShariaPortfolio: no coverage found
- Result: PASS on all three gates
Frequently asked questions
What does VeriSign do?
VeriSign, Inc. (NASDAQ: VRSN) is a global provider of critical internet infrastructure and domain-name registry services. It operates the authoritative registry for the .com and .net top-level domains under agreements with ICANN and the U.S. Department of Commerce/NTIA, performs root-zone maintainer services, and operates two of the 13 global internet root servers; it also provides back-end registry systems for .cc, .gov, .edu, and .name, plus NIA (non-registry infrastructure) services. Revenues are 'primarily derived from registrations for domain names in the .com and .net domain name registries.' The filings disclose no alcohol, tobacco, gambling, weapons, pork, or interest-based lending businesses.
Why does VeriSign pass this Shariah stock screen?
VeriSign passes all three gates from its own filings. Gate 1: the business is domain-name registry and internet infrastructure services - no haram segments are disclosed in the filings. Gate 2: interest-bearing debt of $2,334.4M is about 9.3% of its ~$25.2B market cap ($286.90 latest quote, October 2026), below the ~33% ceiling. Gate 3: separately disclosed interest income of $10.2M is about 1.2% of revenue ($863.5M, six months ended June 30, 2026), below the 5% ceiling. Note: Musaffa classifies VRSN as halal (September 2026) - reported honestly; Zoya's page text rendered no readable rating; no ShariaPortfolio rating was found. This is a factual screen, not a religious ruling - consult a qualified scholar for personal rulings.
What is VeriSign's interest-bearing debt ratio?
Per VeriSign's 10-Q for the quarter ended June 30, 2026 (filed July 23, 2026), interest-bearing debt was $2,334.4M - current senior notes $549.3M plus long-term senior notes $1,785.1M on the balance sheet. Against a market cap of about $25.2B ($286.90 latest quote, October 2026), debt / market cap is about 9.3% - below the ~33% ceiling. Cash and cash equivalents of $840.9M plus marketable securities of $193.2M ($1,034.1M combined) are about 4.1% of market cap. Gate 2 passes.
What is VeriSign's non-compliant income ratio?
VeriSign's Q2 2026 10-Q discloses interest income of $10.2M as a separate line in Note 10 for the six months ended June 30, 2026 (from surplus cash and marketable securities), against revenue of $863.5M - about 1.2% of revenue, well below the 5% ceiling (full-year FY2025: $26.5M vs $1,656.6M, about 1.6%). Interest expense ($38.1M six-month) is a separate line - nothing is netted. Gate 3 passes on a directly disclosed figure.
Do Zoya, Musaffa, or ShariaPortfolio cover VeriSign?
Musaffa covers VRSN and classifies it as halal as of September 2026 (musaffa.com/stock/VRSN/). Zoya maintains a VRSN page, but its text rendered template fragments for both compliant and non-compliant variants with no definitive rating readable - reported as unclear, not invented. No ShariaPortfolio screening page or rating for VRSN was found - reported as absent, not invented. This page applies the screen directly from VeriSign's own SEC filings and reports these positions honestly.
Sources
- VeriSign - 10-Q for the quarter ended June 30, 2026 (Q2 2026 results release; balance sheet: current senior notes $549.3M, long-term senior notes $1,785.1M; cash $840.9M; marketable securities $193.2M; income statement: revenue $863.5M six months; Note 10: interest income $5.0M Q2 / $10.2M six months)
- VeriSign - Q2 2026 10-Q document (Note 10: interest income $10.2M six months; business: .com/.net registry, root-zone maintainer)
- VeriSign - FY2025 10-K (Note 10: interest income $26.5M; revenue $1,656.6M; business description)
- Finnhub - VRSN market data (XNAS; $286.90 latest quote, ~$25.21B market cap, October 2026)
- Musaffa - VeriSign (VRSN) stock page (status: halal, September 2026)
- Zoya - VeriSign (VRSN) stock page (no readable rating rendered)
Screened 2026-10-02 from published company figures and market data. Figures change; this page is educational, not financial advice and not a religious ruling.
Screened with our two-gate Shariah screening methodology (business-activity gate, then AAOIFI-style financial ratios).