InsuraGuest Technologies Inc

ISGI.V

Not Compliant
Exchange
Sector
Headquarters
Group
TSE
Technology
USA
Micro cap

InsuraGuest Technologies Inc is not Shariah Compliant because of its involvement in Insurance, Hotel and related activities.

-

Impure Income*

-

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
-10.68%
-65.25%
-65.59%
0.00
1.29
0.00%

Shariah Compliance

  • Updated on July 26, 2025
Debt
0.32%
✓
Non-Compliant Assets
1.02%
✓
Impure Income

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
0.33%
✓
Impure Income

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
0.41%
✓
Impure Income

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
2.25%
✓
Cash
73.23%
✗
Cash & AR
82.18%
✗
Impure Income

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
2.25%
✓
Cash
73.23%
✗
Cash & AR
82.18%
✗
Impure Income

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
-

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

InsuraGuest Technologies, Inc. is an insurtech (insurance + technology) company, utilizing its software platform to deliver digital insurance to multiple sectors. The Company primarily operates in one reportable operating segment, which is integrating the insurtech software platform to embed its short-term rental and event-based insurance products to the vacation rental, hotels, sports and ticketed events sectors. Its software platform can deliver digital insurance and warranty coverage packages directly to its members on a business-to-business basis. Its platform is designed to expand its offerings to the business-to-consumer markets. It provides insurance agents and brokers with the ability to sign up instantly online through its automatized agency/broker software platform. These brokers and agents then can sell the Company’s products to their own customers. Its products deliver specialized hospitality liability and sports & events activity related coverages to its member properties.

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