Is Altus Group Ltd. AIF stock halal to invest in?

Yes, as of August 2026, Altus Group Ltd. stock (AIF) is classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. Altus Group Ltd. currently passes all four AAOIFI financial screens: non-permissible income remains below 5% of total revenue, interest-bearing investments and interest-bearing debt each remain below 30% of market capitalisation, and the company has no impermissible preference share structure. The stock's current purification factor is 98.48%. Compliance is reassessed every month as updated screening data arrives, and a stock's status can change when new financial reports are released. You can always check the current status of Altus Group Ltd. and explore other Shariah compliant stocks in the Tabadulat app.

How often is Altus Group Ltd. AIF reviewed for Shariah compliance?

Tabadulat reviews Altus Group Ltd. AIF for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Altus Group Ltd. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Altus Group Ltd. AIF pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, Altus Group Ltd. stock (AIF) passes the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. Altus Group Ltd.'s income from non-permissible sources is currently within this 5% threshold. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does Altus Group Ltd. AIF pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Altus Group Ltd. stock (AIF) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). Altus Group Ltd.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Altus Group Ltd. AIF pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Altus Group Ltd. stock (AIF) passes the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. This cap limits shareholders' exposure to interest-based leverage. Altus Group Ltd.'s interest-bearing debt is currently within the 30% threshold. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for Altus Group Ltd. AIF stock?

As of August 2026, the dividend purification factor for Altus Group Ltd. (AIF) is 98.48%. Purification (tazkiyah) is the practice of donating to charity the portion of dividend income attributable to incidental non-permissible sources, typically interest earned on a company's cash, and AAOIFI methodology requires it even for fully compliant stocks. The purification factor is the figure halal investors use to work out that donation on Altus Group Ltd. dividends. It is recalculated with each monthly screening as new financial data arrives, and the Tabadulat app can help you calculate and track purification across your whole portfolio.

Does Altus Group Ltd. AIF pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Altus Group Ltd. stock (AIF) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Altus Group Ltd. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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Altus Group Ltd.

TSX

Shariah-Compliant

Not Shariah

AIF

About

Altus Group Ltd.

AIF

Altus Group Ltd. is a comprehensive provider of commercial real estate services and software solutions. Its primary purpose is to empower clients with data-driven insights that inform strategic decision-making in real estate investments and asset management. Altus Group operates through multiple business segments, including Altus Analytics, which offers innovative software like cloud-based property tax management and valuation analytics solutions. The real estate consulting segment provides expert advisory services on property tax, valuations, and cost management, aiding clients in optimizing their real estate portfolios. The company's offerings are integral to sectors such as real estate, banking, and insurance, where precise property valuation and strategic asset oversight are critical. Altus Group plays a significant market role by combining cutting-edge technology and deep industry expertise to deliver comprehensive insights and services that enhance operational efficiency and financial performance across varied real estate assets. Headquartered in Toronto, Canada, Altus Group’s global footprint underscores its influence in shaping the modern landscape of real estate through technology and strategic consultancy.

Sector:

Real Estate

Industry:

Real Estate Services

Employees:

2000

Website:

https://www.altusgroup.com

AIF

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Altus Group Ltd.

About

Altus Group Ltd.

AIF

Frequently asked questions

Is Altus Group Ltd. AIF stock halal to invest in?

How often is Altus Group Ltd. AIF reviewed for Shariah compliance?

Does Altus Group Ltd. AIF pass the AAOIFI Non Permissible Income criteria?

Does Altus Group Ltd. AIF pass the AAOIFI Interest Bearing Investments criteria?

Does Altus Group Ltd. AIF pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Altus Group Ltd. AIF stock?

Does Altus Group Ltd. AIF pass the AAOIFI Preference Share screen?

How do I buy Altus (AIF) stock?

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