According to AAOIFI Shariah screening standards, I.M.II-Inv.DJ Isl.Gl Dev.Mkts R (IGDA.HM) is currently classified as Questionable. This is based on both business activity and financial ratio screening.

Interest income data for I.M.II-Inv.DJ Isl.Gl Dev.Mkts R is factored into the financial ratio screening under AAOIFI standards.

IGDA.HM is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.

I.M.II-Inv.DJ Isl.Gl Dev.Mkts R's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.

Watch IGDA.HM free with a Mizaan account. Watched stocks are re-checked weekly, and any verdict change is dated in the verdict history on this page. Premium members also get an alert when it changes.

When a company has non-permissible income, many investors donate the matching share of their dividends to charity. The purification percentage above shows that share.

Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.