Is Accord Financial Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Accord Financial Corp (ACD.TO) is currently classified as NOT HALAL as of July 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Accord Financial Corp a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Accord Financial Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Accord Financial Corp?

Muslim investors may consider investing in Accord Financial Corp if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Accord Financial Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Accord Financial Corp by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Accord Financial Corp updated?

The Shariah compliance status of Accord Financial Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Accord Financial Corp become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Accord Financial Corp?

You can check the latest Shariah compliance status of Accord Financial Corp on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

ACD.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 09, 2025

Report Source: 2025 1st Quarter Report

Accord Financial Corp. Stock Analysis ACD.TO

Canada Financials Nano Cap Report: Q1, 2025

Accord Financial Corp. is a holding company, which engages in the provision of asset-based financial services to industrial and commercial enterprises. The company is headquartered in Toronto, California and currently employs 72 full-time employees. Its solutions include growth, buyouts and acquisitions, restructuring and turnaround, slow receivables turnover, and unexpected events. Its services include asset-based lending, lender financing, retail inventory financing, Canadian equipment financing, small business loans and factoring. When factoring, it purchases its client’s accounts receivables and advances 75-90% of the face value of the total invoice amount once the product or service is delivered to the customer. AccordExpress Factoring is a factoring product supporting Canadian small to medium sized businesses. The company serves various industries, including manufacturing, retail, services, wholesale, import and export, lenders, apparel and textile, food and beverage, and construction.

Key Statistics of Accord Financial Corp (ACD.TO)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

CAD1.35CAD1.38

Today's Open

CAD1.38

Volume

7203.00

P/E Ratio (TTM)

52 Week Range

CAD1.18CAD3.86

Market Cap

12.75M

Avg. Volume

8535.92

Dividend Yield

Financial Metrics & Statements of Accord Financial Corp (ACD.TO)

FAQ's for Accord Financial Corp (ACD.TO)

According to Musaffa’s Shariah screening methodology, Accord Financial Corp (ACD.TO) is currently classified as NOT HALAL as of July 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.