Is IMAX (IMAX) stock Halal?
IMAX Corp. (IMAX) is not Shariah compliant in the September 2026 AAOIFI screening: it fails the non-permissible income screen. Tabadulat re-screens IMAX monthly, and a stock can return to compliance when new financial reports change its ratios.
IMAX is an industry leader in the design and production of theater systems that offer an immersive viewing experience. Known for their large-format cinemas that deliver unmatched picture and sound quality, Imax is at the forefront of enhancing moviegoers' experiences worldwide. The company partners with major film studios and production houses to create special IMAX-formatted versions of blockbuster films, ensuring audiences enjoy movies with superior screen resolution and audio technology. Before any of that matters to a Muslim investor, one question comes first: is IMAX stock Halal?
Is IMAX Shariah compliant?
For a company like IMAX, the first question AAOIFI Shariah Standard No. 21 asks is about content and advertising: platform businesses can carry impermissible elements, and the standard tolerates them only as incidental income below 5% of revenue. Only then do the financial ratios come into play.
Does IMAX pass the business activity test?
The activity screen is only part of the picture this month: IMAX currently fails the non-permissible income screen, so the overall verdict is not compliant regardless of the business itself. The watch item is content: advertising and programming can include impermissible material, which AAOIFI treats as incidental only below the 5% revenue ceiling.
Is IMAX's income Halal?
No. IMAX's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does IMAX 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 IMAX re-screened every month, and the result above always shows the latest verdict.
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