Agilysys

AGYS stock is Shariah-compliant

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About Agilysys (AGYS)

Agilysys develops and markets hardware and software products and services for the hospitality industry. It offers point of sale, property management systems, inventory and procurement, payments, reservations management, and seat solutions to enhance guest experience. The company provides solutions for gaming, hotels, resorts and cruise, corporate foodservice management, restaurants, universities, stadium, and healthcare.

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Is Agilysys (AGYS) stock halal to invest in?
Yes, AGYS is Shariah-compliant based on the company’s latest financial reports and therefore considered halal to invest in. Last updated on Aug 27, 2024.
No, AGYS is Shariah-compliant based on the company’s latest financial reports and therefore not considered halal to invest in. Last updated on Aug 27, 2024.
AGYS is flagged as Shariah-compliant in terms of Shariah compliance based on the company's latest financial reports. This means that while the company's operations do not definitively violate Islamic guidelines, there are certain aspects of Agilysys's business that require careful consideration. Last updated on Aug 27, 2024.
Does Agilysys have any interest income?
Yes, Agilysys does have interest income. According to the company's latest annual report for the fiscal year ending Mar 31, 2024, Agilysys reported revenue of 237464000 and interest income of 5083000. The interest income represents 2.1% of the combined total. It's worth noting that some companies may report additional interest income as part of their revenue. For a detailed breakdown of all interest income and revenue segments, please refer to the full Shariah compliance report available in the Zoya app.
No, Agilysys has not reported any interest income. According to the company's latest annual report for the fiscal year ending Mar 31, 2024, Agilysys reported total revenue of 237464000, with no separate interest income disclosed. However, it's worth noting that some companies may report interest income as part of their revenue. For a detailed breakdown of all interest income and revenue segments, please refer to the full Shariah compliance report available in the Zoya app.
What guidelines are used to determine if Agilysys stock is Shariah-compliant?
İslami Finansal Kurumlar için Muhasebe ve Denetim Organizasyonu tarafından belirlenen yönergeleri kullanıyoruz (AAOIFI) tarafından şeriata uygunluğu değerlendirmek üzere kurulmuştur. AAOIFI, Şeriat'a uygunluk değerlendirmesi yapan önde gelen uluslararası bir kuruluştur. İslami finans için standartlar. Kılavuz ilkeleri, bir şirketin ticari faaliyetlerinin ve finansal yapı İslami ilkelerle uyumludur. Bu standartlar, İslami finans sektöründe geniş çapta saygı görmektedir. ve hisse senetlerinin Şeriata uygunluğunu değerlendirmek için tutarlı bir çerçeve sağlar. diğer finansal araçlar. AAOIFI'nin Şeriat kurulunda Şeyh Muhammed gibi tanınmış akademisyenler yer almaktadır. Taqi Usmani, Şeyh AbdulSattar Abu Ghuddah ve Şeyh Abdullah AlManea.
How often is Agilysys stock reviewed for Shariah compliance?
The Shariah compliance status of Agilysys stock is reviewed on a regular basis, with a minimum frequency of once per quarter. However, if there are any significant changes or major developments in the company's operations that may impact its compliance, an immediate review will be conducted to ensure ongoing adherence to Shariah principles.
How can I stay updated on Agilysys's compliance status?
To stay informed, we recommend regularly checking Zoya for updates. You can also enable alerts within the Zoya app to receive notifications whenever there is a change in the Shariah compliance of AGYS, or any other stocks you are monitoring. This is particularly useful as Shariah compliance can fluctuate due to changes in a company's financial ratios or business activities.
Are dividends from Agilysys stock considered halal?
Yes, dividends from AGYS are considered halal. However, you may need to purify a portion of the dividend if the company has any impermissible revenue. Shariah standards typically allow up to 5% of revenue from impermissible sources for a stock to remain compliant. To find the exact percentage of impermissible revenue for Agilysys (AGYS), check the Zoya app. For more details on the purification process, read our comprehensive guide.
No, dividends from AGYS are not considered halal because the stock is currently not Shariah-compliant. When a stock is non-compliant, any dividends received from it are considered impermissible income and should be donated to charity as a form of purification. To learn more about the purification process and how to handle impermissible income, read our comprehensive guide.
Do I need to pay Zakat on my Agilysys shares?
If you hold Agilysys stock as an investment, through an Employee Stock Ownership Plan (ESOP), stock options, restricted stock units (RSUs), or any other form of stock ownership, and meet the Nisab threshold, you may be required to pay Zakat on it. The calculation of Zakat on stocks can be complex and depends on various factors. To help make this easy, we've created a free Zakat calculation tool. For an even easier experience, use the Zoya mobile app, where you can link your brokerage account to automatically import holdings.

How to buy Agilysys (AGYS) stock on Zoya

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