Is Computer Modelling (CMG) stock Halal?

Computer Modelling is a leading provider of dynamic reservoir modeling software to the oil and gas industry. This company specializes in the development and implementation of state-of-the-art simulation technologies used by petroleum engineers and geoscientists globally. Known for its innovative solutions, Computer Modelling Group plays a crucial role in optimizing the exploration and production processes within the energy sector. The company’s products enable the modeling of complex oilfield conditions and scenarios, allowing for improved decision-making. Before any of that matters to a Muslim investor, one question comes first: is Computer Modelling stock Halal?

Is Computer Modelling Shariah compliant?

The Shariah case on a technology company like Computer Modelling is rarely about the product. What AAOIFI Shariah Standard No. 21 examines is the money around the product: cash parked in instruments that earn Riba, borrowing measured against a market capitalisation that moves daily, and any incidental income from sources Islam prohibits, which must stay below 5% of revenue.

Does Computer Modelling pass the business activity test?

Yes. In the September 2026 screening Computer Modelling holds an overall PASS, which a stock only earns when its core business clears the activity screen. The watch item for technology names is incidental: cash returns and platform content can carry impermissible elements, which AAOIFI tolerates only below the thresholds.

Is Computer Modelling's income Halal?

Yes, within AAOIFI's tolerance. Computer Modelling's income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 99.85% tells holders of CMG what share of each dividend to keep and what remainder to donate to charity.

Does Computer Modelling meet AAOIFI's debt and investment ratio requirements?

Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has CMG re-screened every month, and the result above always shows the latest verdict.

Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.

New to the four screens? Read Why a Halal Stock Screener Matters for Halal Investing