No. As of October 2026, IC Group Holdings Inc (CCII.P.V) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. IC Group Holdings Inc does not pass Musaffa's business and financial screening criteria.
IC Group Holdings, Inc. is a marketing services technology company, which engages in the delivering digital promotions, loyalty, rebate, messaging, and specialty insurance solutions. The company is headquartered in Toronto, Ontario. The company went IPO on 2020-12-11. The firm specializes in providing marketing technology, incentive solutions, data protection, risk management, mobile messaging, and marketing insurance solutions. The company offers three business solution segments: IC Promotion Solutions, IC Mobile Messaging Solutions, and IC Insurance Solutions. IC Promotion Solutions provides a full range of turnkey and custom digital promotions, (inclusive of gamified content, loyalty, reward, and incentive solutions) for Fortune 500 brands and their agencies. IC mobile messaging solutions is a tier-1 mobile aggregator in Canada with direct connections to all Canadian mobile carriers (SSI Micro, Fibernetics, Execulink, Videotron, Telus, Rogers, Fido, Sasktel, IrisTel, Bell, Freedom, Eastlink) and has tier-2 connections to the United States, and other global carriers. IC Insurance Solutions provides specialty risk insurance solutions to the sports, entertainment and promotions industries.
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IC Group Holdings Inc CCII.P.V
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Last Updated: Mar 12, 12:00 AM·TSX
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CCII.P.V Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, IC Group Holdings Inc is classified as not halal.
NOT HALAL
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FAQ's for IC Group Holdings Inc (CCII.P.V)
As of October 2026, IC Group Holdings Inc CCII.P.V is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes IC Group Holdings Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in IC Group Holdings Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of IC Group Holdings Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of IC Group Holdings Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of IC Group Holdings Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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