TOPICUS COM INC (TOI.V) - Halal (Shariah-Compliant)
TOPICUS COM INC (TOI.V) 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 - Infrastructure
Result
Pass
Reason
The sector "Technology" and industry "Software - Infrastructure" are not in the excluded categories.
Financial Ratios
Debt Ratio
Value: 3.3% | Threshold: 30% | Result: Pass
Cash & Interest-bearing Securities Ratio
Value: 1.9% | Threshold: 30% | Result: Pass
Non-Permissible Income Ratio
Value: 0.4% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.00%.No non-permissible income detected in the financial statements. No purification is required based on available data.
About TOPICUS COM INC
Topicus.com Inc. provides vertical market software and vertical market platforms in the Netherlands and internationally. It develops, installs, and customizes software solutions, as well as provides related professional services and support. The company provides consumer centric platforms and common workspaces; and software solutions that provide customers with business values and allow them to operate at a level of efficiency. It serves education, healthcare, social services, local and central government, retail, financial services and accountancy, legal services, real estate, automotive, maritime, and professional associations. Topicus.com Inc. was incorporated in 2020 and is headquartered in Deventer, Netherlands.
Frequently Asked Questions
Is TOPICUS COM INC (TOI.V) stock halal to invest in?
According to AAOIFI Shariah screening standards, TOPICUS COM INC (TOI.V) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Does TOPICUS COM INC have any interest income?
TOPICUS COM INC's interest income ratio is 1.9% of total revenue. AAOIFI standards require this to be below 30%.
No non-permissible income detected in the financial statements. No purification is required based on available data.
Uses quarterly data
About TOPICUS COM INC
Topicus.com Inc. provides vertical market software and vertical market platforms in the Netherlands and internationally. It develops, installs, and customizes software solutions, as well as provides related professional services and support. The company provides consumer centric platforms and common workspaces; and software solutions that provide customers with business values and allow them to operate at a level of efficiency. It serves education, healthcare, social services, local and central government, retail, financial services and accountancy, legal services, real estate, automotive, maritime, and professional associations. Topicus.com Inc. was incorporated in 2020 and is headquartered in Deventer, Netherlands.
NetherlandsTSXVTechnology
Screened using AAOIFI Standard No. 21 on October 20, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.
Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.
Verdict history
Free with an account.
No verdict changes recorded since first screened on May 9, 2026. We started recording changes on Oct 19, 2026.
Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.
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Frequently Asked Questions
According to AAOIFI Shariah screening standards, TOPICUS COM INC (TOI.V) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
TOPICUS COM INC's interest income ratio is 1.9% of total revenue. AAOIFI standards require this to be below 30%.
TOI.V 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.
TOPICUS COM INC'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.
You can save TOI.V to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Dividends from TOPICUS COM INC require purification. Approximately 0.00% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
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.
What guidelines are used to determine if TOI.V stock is Shariah-compliant?
TOI.V 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.
How often is TOPICUS COM INC stock reviewed for Shariah compliance?
TOPICUS COM INC'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.
How can I stay updated on TOPICUS COM INC's compliance status?
You can save TOI.V to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Are dividends from TOPICUS COM INC stock considered halal?
Dividends from TOPICUS COM INC require purification. Approximately 0.00% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Do I need to pay Zakat on my TOPICUS COM INC shares?
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.
