Is Impact Development Group Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Impact Development Group Inc (IMPT.V) 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 Impact Development Group Inc 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 Impact Development Group Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Impact Development Group Inc?

Muslim investors may consider investing in Impact Development Group 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.

Why is Impact Development Group Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Impact Development Group Inc 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 Impact Development Group Inc updated?

The Shariah compliance status of Impact Development Group Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Impact Development Group Inc 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 Impact Development Group Inc?

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

IMPT.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 17, 2025

Report Source: 2025 1st Quarter Report

Impact Development Group Inc. Stock Analysis IMPT.V

Canada N/A Nano Cap Report: Q1, 2025

Impact Development Group, Inc. is a real estate development company. The company is headquartered in Toronto, Ontario. The company went IPO on 2021-08-26. Its Santiago Project is subdivided into multiple social interest and preferential interest phases at various stages of completion. The firm subdivides its ongoing activities into Legacy Phases, consisting of Santiago - Phase 4, Santiago - Phase 5 and La Reserva - Phase 1; and New Phases, consisting of Santiago - Phase 6/7, Santiago - Phase 8 and La Reserva - Phase 2. The company has a specialized software platform that is designed for the management of Low-Income Housing Tax Credits for tax credit investors, tax credit syndicators and affordable housing developers. Its subsidiaries include Impact Housing Corporation, Promotora Santiago Development Corp., Promotora Sona, S. A., Promotora Capellania, S. A., and others.

Key Statistics of Impact Development Group Inc (IMPT.V)

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

Today's Range

CAD0.02CAD0.02

Today's Open

CAD0.02

Volume

26.20K

P/E Ratio (TTM)

52 Week Range

CAD0.01CAD0.05

Market Cap

430.00K

Avg. Volume

18.10K

Dividend Yield

Financial Metrics & Statements of Impact Development Group Inc (IMPT.V)

FAQ's for Impact Development Group Inc (IMPT.V)

According to Musaffa’s Shariah screening methodology, Impact Development Group Inc (IMPT.V) 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.