Renoworks Software Inc

RW.V

Compliant
Exchange
Sector
Headquarters
Group
Canadian Ventures Exchange
Technology
Canada

Renoworks Software Inc is Shariah Compliant. It passes 3/5 Shariah standards we screen against.

0.54%

Impure Income*

$0.000

Purification*

$0.000

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
#N/A%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth

Shariah Compliance

  • Updated on July 21, 2026
Debt
✓
Non-Compliant Assets
0.46%
✓
Impure Income
0.54%
✓

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
✓
Impure Income
0.54%
✓

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
✓
Impure Income
0.54%
✓

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
✓
Cash
45.83%
✗
Cash & AR
92.21%
✗
Impure Income
0.54%
✓

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
✓
Cash
45.83%
✗
Cash & AR
92.21%
✗
Impure Income
0.54%
✓

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
0.54%

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

Renoworks Software Inc. develops and sells digital visualization software and integration solutions for the remodeling and new home construction industry. The Company delivers its technology to manufacturers, contractors, builders, and retailers, offering solutions to one of the home improvement industry’s challenges, enabling homeowners to review their product selections in a hyper-realistic, virtual environment before committing to purchases and construction. Its business lines include Renoworks Enterprise, Renoworks PRO, Renoworks Design Services, Renoworks FastTrack, and Renoworks Application Programming Interface (API). Its solutions include Web visualizers, auto-recognition, three-dimensional (3D) models & measurements, product configurator, product library, design services for manufacturers, and Renoworks analytics, and integration. Its flagship visualization solution provides a portal for homeowners to fully immerse themselves in brands, building products and design options.