X – TMX Group Ltd

Not Compliant

TMX Group Ltd is not Shariah Compliant because of its involvement in Financial & Commodity Market Operators & Service Providers (NEC) and related activities.

TMX Group Limited operates global markets and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders, and investors. The Company’s segments include Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading & Clearing, and Equities and Fixed Income Trading & Clearing. The Global Solutions, Insights & Analytics segment delivers equities and index data, as well as integrated data sets for the proprietary and third-party analytics to help clients in making trading and investment decisions. Its Capital Formation segment includes operations in Toronto Stock Exchange, TSX Venture Exchange, equity market and TSX Trust. Its Derivatives Trading & Clearing segment includes operations in Montreal Exchange and Canadian Derivatives Clearing Corporation. The Equities and Fixed Income Trading & Clearing segment engages in the trading operations of Toronto Stock Exchange, TSX Venture Exchange, and TSX Alpha Exchange.

AAOIFI ✗

Debt ÷ Market cap (MC)11.66
Non-Compliant Assets ÷ MC1.21

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