Is FirstService Corp (FSV) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 20.2% / 30% | 2.3% / 30% | 13.8% / 30% | 0.18% / 5% | ✓ HALAL |
| DJIM | 20.2% / 33% | 2.3% / 33% | 13.8% / 33% | 0.18% / 5% | ✓ HALAL |
| MSCI | 32.3% / 33% | 3.6% / 33% | 22.0% / 33% | 0.18% / 5% | ✓ HALAL |
| S&P | 20.2% / 33% | 2.3% / 33% | 13.8% / 33% | 0.18% / 5% | ✓ HALAL |
| FTSE | 32.3% / 33% | 3.6% / 33% | 22.0% / 50% | 0.18% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 33.6% | |
| Operating Margin | 5.9% | |
| Net Margin | 2.6% | |
| Return on Equity (ROE) | 10.9% | |
| Return on Assets (ROA) | 5.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $446M |
| Free Cash Flow | $318M |
| Total Debt | $1.4B |
| Debt-to-Equity | 74.3 |
| Current Ratio | 1.7 |
| Total Assets | $4.3B |
Price & Trading
| Last Close | $137.92 |
| 50-Day MA | $152.11 |
| 200-Day MA | $170.46 |
| Avg Volume | 216K |
| Beta | 0.9 |
|
52-Week Range
$133.42
| |
About FirstService Corp (FSV)
FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment operates as a full-service property manager and provides a range of ancillary services, including on-site staffing for building engineering and maintenance, full-service amenity management, security, concierge and front desk personnel; proprietary banking and insurance products; and energy conservation and management solutions. This segment serves condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and other residential developments governed by common interest or multi-unit residential community associations. Its FirstService Brands segment offers property services to residential and commercial customers in North America through company-owned operations and franchise systems under the First Onsite Property Restoration, Paul Davis Restoration, Roofing Corp of America, Century Fire Protection, California Closets, CertaPro Painters, Floor Coverings International, and Pillar to Post Home Inspectors brands. This segment also provides light restoration services, including full-service water, fire and mold cleanup, construction rebuild, and restoration services; painting services; custom-designed and installed closet and home storage solutions; home inspection services; and floor covering design and installation services. FirstService Corporation was incorporated in 1988 and is headquartered in Toronto, Canada.
Purification Calculator
As a halal stock with 0.18% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is FirstService Corp (FSV) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), FirstService Corp is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is FirstService Corp's debt ratio?
FirstService Corp's debt ratio is 20.2% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 32.3%.
Does FirstService Corp require dividend purification?
Yes, FirstService Corp has an impermissible income ratio of 0.18%, which means 0.18% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are FirstService Corp's key financial metrics?
FirstService Corp has a market capitalization of $6.2B, trailing P/E ratio of 42.4, and revenue of $5.5B. The company maintains a gross margin of 33.6% and a net margin of 2.6%. Return on equity stands at 10.9%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.