DeepMarkit Corp

MKT.V

Compliant
Exchange
Sector
Headquarters
Group
TSX
Technology
Canada
Micro cap

DeepMarkit Corp is Shariah Compliant. It passes 3/5 Shariah standards we screen against.

1.19%

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
0.00%
0.00%
0.00%
0.00
0.41
0.00%

Shariah Compliance

Debt
6.75%
Non-Compliant Assets
Impure Income
1.19%

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
1.45%
Impure Income
1.19%

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
5.65%
Impure Income
1.19%

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
41.41%
Cash
75.53%
Cash & AR
75.53%
Impure Income
1.19%

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
41.41%
Cash
75.53%
Cash & AR
75.53%
Impure Income
1.19%

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
1.19%

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

DeepMarkit Corp. is a Canada-based technology company. The Company operates MintCarbon.io, a Web-based platform which facilitates the minting of carbon offsets into non-fungible-tokens (NFTs) or other secure tokens. The MintCarbon.io platform is a fee for service Web-based user interface which provides registered holders of voluntary carbon offsets the ability to mint NFTs representing their carbon offsets. The minting of voluntary carbon offsets into universally tradable NFTs, embeds detailed project information such as visual content, pricing information, statistics and other descriptions directly in the NFT. The Company is focused on commercializing new technologies in the areas of green tech and Artificial Intelligence (AI) technologies. It is also focused on identifying applications for AI-based technologies within the Company’s core offering and other business segments. The Company’s subsidiaries include First Carbon Corp. (First Carbon) and DeepMarkit AI Corp. (DeepMarkit AI).

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?