Information Services Corp

ISC.TO

Not Compliant
Exchange
Sector
Headquarters
Group
TSE
Real Estate
Canada
Small cap

Information Services Corp is not Shariah Compliant because it fails the financial ratios.

0.28%

Impure Income*

-

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Small cap
BUY
$23.36
$20.98
$25.53
6
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
8.17%
20.57%
8.18%
0.00
0.66
21.30%

Shariah Compliance

  • Updated on April 14, 2025
Debt
36.48%
✗
Non-Compliant Assets
✓
Impure Income
0.28%
✓

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
38.25%
✗
Impure Income
0.28%
✓

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
37.11%
✗
Impure Income
0.28%
✓

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
33.58%
✗
Cash
4.04%
✓
Cash & AR
8.44%
✓
Impure Income
0.28%
✓

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
33.58%
✗
Cash
4.04%
✓
Cash & AR
8.44%
✓
Impure Income
0.28%
✓

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
0.28%

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

Information Services Corporation is a Canada-based provider of registry and information management services for public data and records. Its segments include Registry Operations, Services and Technology Solutions. Registry Operations segment delivers registry and information services on behalf of governments and private sector organizations. This segment’s offerings are categorized into two divisions: Saskatchewan Registries and Ontario Property Tax Assessment Services. Saskatchewan Registries include Saskatchewan Land Registry, Saskatchewan Corporate Registry and Saskatchewan Personal Property Registry. Services segment delivers solutions uniting public records data, customer authentication, corporate services, collateral management, asset recovery and accounts receivable management to support registration, due diligence and lending practices across Canada. Technology Solutions segment provides the development, delivery and support of registry (and related) technology solutions.

Found the Stock You’re Looking For? Open an Account Today!

Opening an account has never been easier! Please fill out the form here and an advisor will be in touch to walk you through the process!

Still have some further questions?

Schedule a Free Consultation