EQ Inc

EQ.V

Compliant
Exchange
Sector
Headquarters
Group
TSX
Consumer Cyclicals
Canada
Micro cap

EQ Inc is Shariah Compliant. It passes 3/5 Shariah standards we screen against.

0.16%

Impure Income*

$0.000

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Micro cap
0
$0.00
$0.00
$0.00
0
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
-6.23%
-24.01%
-59.24%
0.00
0.74
-197.35%

Shariah Compliance

  • Updated on April 14, 2025
Debt
2.09%
✓
Non-Compliant Assets
✓
Impure Income
0.16%
✓

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
1.84%
✓
Impure Income
0.16%
✓

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
1.97%
✓
Impure Income
0.16%
✓

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
31.33%
✓
Cash
10.43%
✓
Cash & AR
83.07%
✗
Impure Income
0.16%
✓

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
31.33%
✓
Cash
10.43%
✓
Cash & AR
83.07%
✗
Impure Income
0.16%
✓

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
0.16%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

EQ Inc. is a Canada-based company, which enables businesses to understand, predict, and influence customer behavior. Using data sets, advanced analytics, machine learning and artificial intelligence, it creates actionable intelligence for businesses to attract, retain, and grow their customer base. Through its software-as-a-service (SaaS) technology platforms, LOCUS and ATOM, as well as its new consumer-facing application Paymi, it can analyze and action large quantities of data. LOCUS is an automated data-processing technology which enables the Company to manage data at scale and enrich that data with first- and third-party data sets. This SAAS platform mines insights from movement and geospatial data, enabling businesses to close the loop between digital and real-world consumer actions. ATOM is a programmatic media buying platform, which enables the Company to purchase targeted media for its clients to influence consumer behavior. Paymi is a cloud-based marketing platform.

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