CONSTELLATION SOFTWARE INC. (CSU.TO) - Halal (Shariah-Compliant)
CONSTELLATION SOFTWARE INC. (CSU.TO) is classified as Halal (Shariah-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
- Technology
- Industry
- Software - Application
- Result
- Pass
- Reason
- The sector "Technology" and industry "Software - Application" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 11.7% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 5.8% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.4% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.42%.Based on the company's financial statements, approximately 0.42% of dividend income comes from non-permissible sources; this is the share many investors donate to purify it. This is derived from identified interest income (0.42% of total income). Some scholars may differ on the exact calculation method.
About CONSTELLATION SOFTWARE INC.
Constellation Software Inc., together with its subsidiaries, acquires, builds, and manages vertical market software businesses to develop mission-critical software solutions for public and private sector markets. It is involved in the software licensing; and sale of hardware activities. The company also offers professional services consist of implementation services, custom programming, product training, managed services, and consulting services; maintenance and customer support services, and hosted software-as-a-service products; and other recurring services. It operates in Canada, the United States, the United Kingdom, Europe, and internationally. The company was incorporated in 1995 and is headquartered in Toronto, Canada.
Frequently Asked Questions
Is CONSTELLATION SOFTWARE INC. (CSU.TO) stock halal to invest in?
According to AAOIFI Shariah screening standards, CONSTELLATION SOFTWARE INC. (CSU.TO) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.


