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AAOIFI No. 21 screening

Is TP halal?

Ticketplus Ltd.

Halal

Ticketplus Ltd. 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

AMEX

Price

8.61

Day

+2.26%

Market cap

$102.2M

Industry

Software - Infrastructure

Sector

Technology

What the company does

Ticketplus (Chile, IPO 2026) runs a live-event ticketing platform in Latin America: selling directly in Chile and licensing the platform as SaaS to local ticketing companies in 10 other countries. Its money comes from ticket fees and licensing.

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 $17.23M ÷ current market cap $102.17M = 16.9%

    16.9%

    Pass

  • Cash & investments / market cap

    limit 30%

    Cash + interest-bearing securities $3.85M ÷ current market cap $102.17M = 3.8%

    3.8%

    Pass

  • Non-compliant income / total revenue

    limit 5%

    Interest income $90K ÷ annual revenue $29.46M (2025) = 0.3%

    0.3%

    Pass

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.

For information (AAOIFI 3/1 note): cash + receivables are 36.5% 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
0.00% · #1188 of 1454

Halal stocks in the same industry

The largest halal stocks in Software - Infrastructure — for comparison.

Related articles

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.