Asiatel Outsourcing Inc

ATOI.V

Compliant
Exchange
Sector
Headquarters
Group
TSX
Industrials
Canada
Micro Cap

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

0.24%

Impure Income*

$0.000

Purification*

$0.000

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Micro Cap
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
3.38

Shariah Compliance

Debt
4.98%
✓
Non-Compliant Assets
✓
Impure Income
0.24%
✓

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
4.48%
✓
Impure Income
0.24%
✓

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
4.48%
✓
Impure Income
0.24%
✓

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
16.98%
✓
Cash
58.59%
✗
Cash & AR
74.64%
✗
Impure Income
0.24%
✓

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
16.98%
✓
Cash
58.59%
✗
Cash & AR
74.64%
✗
Impure Income
0.24%
✓

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
0.24%

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

Asiatel Outsourcing Inc., formerly New Media Capital 2.0 Inc., is a business process outsourcing company specializing in remote staffing and managed operations. The Company offers various outsourcing solutions, including tele sales/telemarketing, inbound and customer service, chat support, building customized databases, collections, market surveys, learning center/tutorials, order processing, e-mail marketing, data entry, digital marketing and creative services, finance and accounting, managed operations, NOC outsourcing services, VoIP technical support, and virtual assistant services. The Company offers remote staffing solutions through managed operations or co-sourcing models. It provides outsourcing for companies engaged in education sector, e‑commerce, software development, real estate, financial services, telecommunications services, insurance sector, retail sector, travel and hospitality, startups, energy and utilities, IT hardware, internet service providers, and cloud services.

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