illumin Holdings Inc

ILLM.TO

Compliant
Exchange
Sector
Headquarters
Group
Canada
Micro Cap

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

1.06%

Impure Income*

$0.006

Purification*

$0.014

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Micro Cap
BUY
$1.10
5
-13.58%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
-8.48%
-10.21%
0.00
2.06
57.04%

Shariah Compliance

Debt
11.64%
Non-Compliant Assets
Impure Income
1.06%

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
5.11%
Impure Income
1.06%

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
5.66%
Impure Income
1.06%

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
4.24%
Cash
39.78%
Cash & AR
72.55%
Impure Income
1.06%

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
4.24%
Cash
39.78%
Cash & AR
72.55%
Impure Income
1.06%

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
1.06%

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

illumin Holdings Inc. is a technology company that enables marketers to connect intelligently with audiences across video, mobile, out-of-home, social, connected TV and online display advertising campaigns. Its Programmatic Marketing Platform, powered by proprietary machine learning technology, is at the core of its business, accompanied by solutions for analytics-led video and mobile targeting that leverage data. It helps marketers by offering real-time reporting and analytics. Its customers include both agencies and brands, including large Fortune 500 enterprises and small to mid-sized businesses. Its technology enables programmatic advertising, which is the automated buying and selling of advertising inventory electronically. The platform allows advertisers to optimize their purchasing of digital advertising in real-time using programmatic ad buying, a method of buying digital advertising in which ad spots (called impressions) are released in an auction that occurs in milliseconds.

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