Colliers International Group In (CIGI) - Not Halal (Non-Compliant)
Colliers International Group In (CIGI) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Real Estate
- Industry
- Real Estate Services
- Result
- Pass
- Reason
- The sector "Real Estate" and industry "Real Estate Services" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 44.1% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 3.5% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 1.7% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 1.69%.Based on the company's financial statements, approximately 1.69% of dividend income should be donated to charity for purification. This is derived from identified interest income (1.69% of total income). Some scholars may differ on the exact calculation method.
About Colliers International Group In
Colliers International Group Inc. provides commercial real estate, engineering, and investment management solutions in the United States, Canada, Europe, Australia, the United Kingdom, Poland, China, India, and internationally. The company offers capital markets services for property sales, debt finance, mortgage investment banking, and landlord and tenant representation services; and outsourcing services, such as building operations and maintenance, facilities management, lease administration, property accounting and financial reporting, contract and construction management, valuation and appraisal review and management, portfolio or single asset valuation, financial reporting advisory, arbitration consulting, research, highest and best use studies, property tax reviews, appeals and litigation support, and occupier services, as well as loan servicing. It also engages in the planning, designing, and project management of assets, including bridges and structure, highway and traffic engineering, construction engineering and inspection, water, traffic planning, and rail; and provision of air quality assessments, brownfield redevelopment, environmental impact assessments, ground water resource development, site remediation, noise studies, land development and monitoring, and other services, as well as water, storm, and wastewater management services. In addition, the company offers project management services, which include bid document review, construction monitoring and delivery management, contract administration and integrated cost control, development management, facility and engineering functionality, milestone and performance monitoring, quality assurance, risk management and strategic project consulting; and perpetual funds, long-dated funds, and separately managed accounts. Colliers International Group Inc. was founded in 1972 and is headquartered in Toronto, Canada.

