Is Information Services Group Inc. (III) Halal?

NASDAQ Technology United States $180M
✓ HALAL
Confidence: 95/100
Information Services Group Inc. (III) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 29.7% against the AAOIFI threshold of 30%, Information Services Group Inc. comfortably passes the key financial ratio tests. The company operates in the Technology sector (Information Technology Services), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 29.7%
/ 30%
10.6%
/ 30%
26.9%
/ 30%
0.32%
/ 5%
✓ HALAL
DJIM 29.7%
/ 33%
10.6%
/ 33%
26.9%
/ 33%
0.32%
/ 5%
✓ HALAL
MSCI 31.7%
/ 33%
11.3%
/ 33%
28.8%
/ 33%
0.32%
/ 5%
✓ HALAL
S&P 29.7%
/ 33%
10.6%
/ 33%
26.9%
/ 33%
0.32%
/ 5%
✓ HALAL
FTSE 31.7%
/ 33%
11.3%
/ 33%
28.8%
/ 50%
0.32%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
19.8
Forward: 8.8
EPS
$0.19
Dividend Yield
479.0%
Payout: 94.7%
P/B Ratio
1.9
EV/EBITDA
9.9
EV: $221M
Revenue
$245M
Growth: 5.9%
Beta
1.0
Average volatility
Current Ratio
2.3

Profitability

Gross Margin 43.1%
Operating Margin 8.3%
Net Margin 3.8%
Return on Equity (ROE) 9.8%
Return on Assets (ROA) 5.4%

Cash Flow & Balance Sheet

Operating Cash Flow$29M
Free Cash Flow$25M
Total Debt$70M
Debt-to-Equity74.5
Current Ratio2.3
Total Assets$211M

Price & Trading

Last Close$3.87
50-Day MA$4.79
200-Day MA$5.16
Avg Volume313K
Beta1.0
52-Week Range
$3.42
$6.45

About Information Services Group Inc. (III)

CEO
Mr. Michael P. Connors
Employees
1,254
Sector
Technology
Industry
Information Technology Services
Country
United States
Exchange
NASDAQ
Market Cap
$180M
Currency
USD

Information Services Group, Inc., together with its subsidiaries, operates as an artificial intelligence (AI) centered technology research and advisory company in the Americas, Europe, and the Asia Pacific. It offers digital transformation services, including sourcing advisory and cloud and data analytics; managed governance and risk; network and software advisory; technology strategy and operations design; change management; and market intelligence. The company also provides ISG Digital, a client solution platform focused on developing technology, transformation, sourcing, and digital solutions; and ISG Enterprise, a client solution platform that helps clients manage change and optimize operations in such areas as information technology, finance, human resources, and training. In addition, it offers ISG Research, which provides market analyses, provider evaluations, and data-driven insights; ISG Network and Software Advisory portfolio; and ISG GovernX, ISG Inform, and ISG Tango software platforms, as well as ISG iFlex, a delivery model for deployment of resources. The company serves private sector clients operating in the manufacturing, banking and financial services, insurance, health sciences, energy and utilities, and consumer services industries; and public sector clients, including state and local governments, airport and transit authorities, and national and provincial government units. Information Services Group, Inc. was incorporated in 2006 and is based in Stamford, Connecticut.

Purification Calculator

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Frequently Asked Questions

Is Information Services Group Inc. (III) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Information Services Group Inc. 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 Information Services Group Inc.'s debt ratio?

Information Services Group Inc.'s debt ratio is 29.7% 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 31.7%.

Does Information Services Group Inc. require dividend purification?

Yes, Information Services Group Inc. has an impermissible income ratio of 0.32%, which means 0.32% 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 Information Services Group Inc.'s key financial metrics?

Information Services Group Inc. has a market capitalization of $180M, trailing P/E ratio of 19.8, and revenue of $245M. The company maintains a gross margin of 43.1% and a net margin of 3.8%. Return on equity stands at 9.8%.

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.