Is IMAX CORP (IMAX) Halal?

NYSE Communication Services Canada $2.0B
✓ HALAL
Confidence: 95/100
IMAX CORP (IMAX) is Halal under 4 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 12.6% against the AAOIFI threshold of 30%, IMAX CORP comfortably passes the key financial ratio tests. The company operates in the Communication Services sector (Entertainment), 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 12.6%
/ 30%
6.9%
/ 30%
14.6%
/ 30%
0.68%
/ 5%
✓ HALAL
DJIM 12.6%
/ 33%
6.9%
/ 33%
14.6%
/ 33%
0.68%
/ 5%
✓ HALAL
MSCI 31.2%
/ 33%
16.9%
/ 33%
36.0%
/ 33%
0.68%
/ 5%
✗ NOT HALAL
S&P 12.6%
/ 33%
6.9%
/ 33%
14.6%
/ 33%
0.68%
/ 5%
✓ HALAL
FTSE 31.2%
/ 33%
16.9%
/ 33%
36.0%
/ 50%
0.68%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
58.0
Forward: 18.6
EPS
$0.63
P/B Ratio
5.8
EV/EBITDA
16.2
EV: $2.2B
Revenue
$410M
Growth: 35.1%
Beta
0.3
Low volatility
Current Ratio
4.4

Profitability

Gross Margin 60.2%
Operating Margin 26.6%
Net Margin 8.5%
Return on Equity (ROE) 11.3%
Return on Assets (ROA) 6.8%

Cash Flow & Balance Sheet

Operating Cash Flow$127M
Free Cash Flow$85M
Total Debt$279M
Debt-to-Equity67.7
Current Ratio4.4
Total Assets$894M

Price & Trading

Last Close$37.75
50-Day MA$37.53
200-Day MA$33.02
Avg Volume1.1M
Beta0.3
52-Week Range
$20.48
$43.16

About IMAX CORP (IMAX)

CEO
Mr. Richard Lewis Gelfond J.D.
Employees
679
Sector
Communication Services
Industry
Entertainment
Country
Canada
Exchange
NYSE
Market Cap
$2.0B
Currency
USD

IMAX Corporation, together with its subsidiaries, operates as a technology platform for entertainment and events in the United States, Canada, Greater China, rest of Asia, Western Europe, Latin America, and internationally. It operates through Content Solutions; and Technology Products and Services segments. The company offers IMAX film remastering, a proprietary technology that digitally remasters films and other content into IMAX formats for distribution to the IMAX network; IMAX Enhanced, which provides end-to-end technology across streaming content and entertainment devices at home; AI-driven video quality solutions for media and entertainment companies; and streaming technology software products. It also provides preventative and emergency maintenance services, and quality monitoring to the IMAX network; film post-production services; and IMAX film and digital cameras for content creators. In addition, the company engages in the distribution of format documentary films to institutional theaters, as well as live performances and interactive events with artists and creators; after-market sales of IMAX System parts and 3D glasses; sale or lease of IMAX theater systems; provision of management services to theaters; and rental of company's proprietary 2D and 3D large-format film cameras. The company markets its theater systems through a direct sales force and marketing staff to science and natural history museums, zoos, aquariums, and other educational and cultural centers, as well as theme parks, private home theaters, tourist destination sites, fairs, and expositions. It offers its services under the IMAX, IMAX 3D, Experience It In IMAX, The IMAX Experience, DMR, Filmed For IMAX, IMAX Live, IMAX Enhanced, and IMAX StreamSmart. IMAX Corporation was founded in 1967 and is headquartered in Mississauga, Canada.

Purification Calculator

As a halal stock with 0.68% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is IMAX CORP (IMAX) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), IMAX 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 IMAX CORP's debt ratio?

IMAX CORP's debt ratio is 12.6% 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 31.2%.

Does IMAX CORP require dividend purification?

Yes, IMAX CORP has an impermissible income ratio of 0.68%, which means 0.68% 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 IMAX CORP's key financial metrics?

IMAX CORP has a market capitalization of $2.0B, trailing P/E ratio of 58.0, and revenue of $410M. The company maintains a gross margin of 60.2% and a net margin of 8.5%. Return on equity stands at 11.3%.

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.