What is Innovative Aerosystems, Inc.'s Shariah compliance score?

Innovative Aerosystems, Inc. (ISSC) has a Shariah compliance score of 95/100 (Grade: A+, Excellent) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Innovative Aerosystems, Inc. pass AAOIFI screening?

Innovative Aerosystems, Inc. (ISSC) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (ISSC: 5.4%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Innovative Aerosystems, Inc. stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Innovative Aerosystems, Inc. (ISSC) using the latest financial data.

Where can I screen Innovative Aerosystems, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Innovative Aerosystems, Inc. (ISSC) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about ISSC's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

ISSC: Is Innovative Aerosystems, Inc. Halal?

Innovative Aerosystems, Inc.

NASDAQIndustrialsUS

$20.70

-1.19%

Market Cap: 370.4M

Compliance Status

Halal

Screened on Sep 2, 2026 · AAOIFI Standard 21

A+

Excellent

95Score

Is Innovative Aerosystems, Inc. (ISSC) halal? Halal. Based on AAOIFI screening, Innovative Aerosystems, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 95/100 (Grade: A+).

Quote this verdict

HalalScreener rates Innovative Aerosystems, Inc. (ISSC) Halal, 95/100, grade A+ under AAOIFI Standard 21, screened Sep 2, 2026. Source: https://halalscreener.app/en/stock/ISSC

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

5.4% of 30.0% limit

What this means for you

You can own ISSC

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened ISSC's prohibited income, but the exact share you would need to purify is part of Pro.

About Innovative Aerosystems, Inc.

Innovative Aerosystems, Inc., established in 1988 and based in Exton, Pennsylvania, specializes in the engineering, manufacturing, and provision of sophisticated avionic systems. The company offers a broad spectrum of advanced solutions, including autothrottles, LPV navigators, and standby displays, alongside comprehensive radio management systems for communication, navigation, and surveillance. Their product line further encompasses air data solutions, inertial reference systems, utilities management systems, and integrated air data, attitude, and heading reference systems. Additionally, Innovative Aerosystems delivers flat panel display systems, integrated global navigation systems, global positioning systems, C-130 engine instrument display systems, the Liberty Flight Deck, and various other communications and navigation technologies. The company serves a diverse client base, catering to business aircraft, commercial airlines, military operations, virtual co-pilots, and turboprop platforms. Previously known as Innovative Solutions and Support, Inc., the company adopted its current name, Innovative Aerosystems, Inc., in October 2025.

Sector: Industrials · Industry: Aerospace & Defense

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 2, 2026

Compliance History

Halalnow
since Jun 2026
Not Halal
until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP

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Frequently Asked Questions

Is Innovative Aerosystems, Inc. (ISSC) halal to invest in?

Based on AAOIFI Standard 21 screening, Innovative Aerosystems, Inc. (ISSC) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did Innovative Aerosystems, Inc. get a A+ compliance rating?

Innovative Aerosystems, Inc. (ISSC) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 5.4% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Innovative Aerosystems, Inc.'s Shariah verdict?

Innovative Aerosystems, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Innovative Aerosystems, Inc. re-screened for Shariah compliance?

Innovative Aerosystems, Inc. (ISSC) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Sep 2, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.