Is FSV halal?
FirstService Corporation
Halal
FirstService Corporation passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 14 October 2026
Exchange
NASDAQ
Price
135.07
Day
+3.38%
Market cap
$5.63B
Industry
Real Estate Services
Sector
Real Estate
What the company does
FirstService (Canada) manages residential communities (FirstService Residential — the largest in North America) and owns property-service brands (California Closets, roofing/restoration). Its money comes from management and service fees.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $1.56B ÷ 36-month average market cap $7.43B = 21.0%
21.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $173.35M ÷ 36-month average market cap $7.43B = 2.3%
2.3%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $5.63B.
For information (AAOIFI 3/1 note): cash + receivables are 25.2% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- Not in the S&P 500
- Among halal stocks
- 0.01% · #551 of 1454
- Held by funds
- Not held by any tracked fund
- Dividend
- 0.90% · no purification data
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $142.11
- Third Avenue Management$8.8M1.4%
Halal stocks in the same industry
The largest halal stocks in Real Estate Services — for comparison.
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.