
ISSC: Is Innovative Aerosystems, Inc. Halal?
Innovative Aerosystems, Inc.
$20.70
Price as of Aug 6, 2026
Market Cap: 370.4M
Screened on a market cap of 443.4M
Compliance Status
Halal
Screened on Sep 10, 2026 · AAOIFI Standard 21
Excellent
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 10, 2026. Source: https://halalscreener.app/en/stock/ISSC
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
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.
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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
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The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
Compliance History
Halalnow
since Jun 2026
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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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.