Jones Lang LaSalle Inc

JLL

Not Compliant
Exchange
Sector
Headquarters
Group
NYSE
Real Estate
USA
Large Cap

Jones Lang LaSalle Inc is not Shariah Compliant because its Impure Income is more than 5% of its total revenues.

14.1%

Impure Income*

$17.277

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Large Cap
BUY
$398.25
11
11.14%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
4.53%
3.03%
0.00
1.11
22.00%

Shariah Compliance

Debt
22.23%
Non-Compliant Assets
3%
Impure Income
14.1%

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
26.99%
Impure Income
14.1%

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
23.27%
Impure Income
14.1%

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
17.2%
Cash
4.76%
Cash & AR
19.54%
Impure Income
14.1%

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
17.2%
Cash
4.76%
Cash & AR
19.54%
Impure Income
14.1%

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

Capital Markets and Investing
14.1%
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

Jones Lang LaSalle Incorporated is a global commercial real estate and investment management company. The Company operates through five segments: Real Estate Management Services, Leasing Advisory, Capital Markets Services, Investment Management, Software and Technology Solutions. The Real Estate Management Services segment offers a single, cohesive service delivery team. Leasing Advisory segment offers local expertise across the globe, covering a comprehensive range of services across asset types. It aggregates such services into three categories: Leasing and Advisory, Consulting and Other. The Capital Markets segment provides full-service capital solutions, including debt advisory, loan sales, equity advisory, loan servicing, and investment sales and advisory. The Investment segment invests institutional and individual capital in real estate assets and securities. The segment offers professional services, including program and project management, implementation and others.