Is Innovative Solutions & Support, Inc. ISSC stock halal to invest in?

No, as of August 2026, Innovative Solutions & Support, Inc. stock (ISSC) is not currently 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. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. Innovative Solutions & Support, Inc. currently does not meet the threshold for the non-permissible income screen. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of Innovative Solutions & Support, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Innovative Solutions & Support, Inc. ISSC reviewed for Shariah compliance?

Tabadulat reviews Innovative Solutions & Support, Inc. ISSC 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ensures the status shown for Innovative Solutions & Support, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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 Innovative Solutions & Support, Inc. ISSC pass the AAOIFI Non Permissible Income criteria?

No, as of August 2026, Innovative Solutions & Support, Inc. stock (ISSC) does not pass 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. Innovative Solutions & Support, Inc.'s income from non-permissible sources currently exceeds this 5% ceiling, which makes the stock non-compliant on this criterion regardless of how it performs on the other screens. The screen is reassessed monthly, so the status can change when the company releases new financial statements.

Does Innovative Solutions & Support, Inc. ISSC pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Innovative Solutions & Support, Inc. stock (ISSC) 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). Innovative Solutions & Support, Inc.'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 Innovative Solutions & Support, Inc. ISSC pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Innovative Solutions & Support, Inc. stock (ISSC) 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. Innovative Solutions & Support, Inc.'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 Innovative Solutions & Support, Inc. ISSC stock?

Innovative Solutions & Support, Inc. (ISSC) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If Innovative Solutions & Support, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Innovative Solutions & Support, Inc. ISSC pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Innovative Solutions & Support, Inc. stock (ISSC) 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. Innovative Solutions & Support, Inc. 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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العربية

Innovative Solutions & Support, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

ISSC

About

Innovative Solutions & Support, Inc.

ISSC

Innovative Solutions & Support Inc. operates as a technology-oriented company specializing in the development and manufacturing of advanced avionics products. The company's principal mission is to enhance the safety, efficiency, and performance of aviation systems through innovative hardware and software solutions. By focusing on the design and production of Flight Information Computers, Flat Panel Display Systems, and advanced Fuel Quantity and Tank Level Measurement Systems, Innovative Solutions & Support Inc. plays a pivotal role in the aerospace industry. This company serves a variety of sectors within the aviation market, including commercial airlines, military aircraft programs, and original equipment manufacturers (OEMs). Its products integrate cutting-edge technology aimed at updating and modernizing aircraft cockpits, thus contributing to reduced pilot workload and improved operational profitability. Situated in an industry where advancements are crucial, Innovative Solutions & Support Inc. is integral to enabling next-generation aviation technologies. Given its strategic focus, the company holds a significant position within the aerospace sector, contributing to both innovation and sustainability in the field of avionics development and deployment.

Sector:

Industrials

Industry:

Aerospace & Defense

Employees:

147

Website:

https://www.iascorp.com

ISSC

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Innovative Solutions & Support, Inc.

About

Innovative Solutions & Support, Inc.

ISSC

Frequently asked questions

Is Innovative Solutions & Support, Inc. ISSC stock halal to invest in?

How often is Innovative Solutions & Support, Inc. ISSC reviewed for Shariah compliance?

Does Innovative Solutions & Support, Inc. ISSC pass the AAOIFI Non Permissible Income criteria?

Does Innovative Solutions & Support, Inc. ISSC pass the AAOIFI Interest Bearing Investments criteria?

Does Innovative Solutions & Support, Inc. ISSC pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Innovative Solutions & Support, Inc. ISSC stock?

Does Innovative Solutions & Support, Inc. ISSC pass the AAOIFI Preference Share screen?

Can I buy Innovative Solutions & Support (ISSC) stock on Tabadulat?

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