Shariah compliance overview
DoubtfulInnovative Aerosystems, Inc. (IA) is currently classified as Doubtful by Akinda Shariah screening (AAOIFI-aligned methodology).
About Innovative Aerosystems, Inc.
Innovative Aerosystems, Inc. engages in the manufacture of flight navigation systems.
Innovative Aerosystems, Inc. (IA) operates in the Industrials sector, in the Aerospace & Defense industry.
Why it is not classified as halal: it does not pass these screens: Business Activity.
If you hold IA, give 17.99% of the dividends you receive to charity to purify the non-compliant share of its income.
- Business Activity
- 35.96%Limit 5%Fail
- Interest-bearing debt
- 7.76%Limit 30%Pass
- Interest-bearing securities and assets
- 0.87%Limit 30%Pass
- Dividend purification
- 17.99%Share of dividends to give to charityPurification calculator
Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.
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Frequently asked questions
Quick answers about Innovative Aerosystems, Inc. (IA). Current Akinda screening label: Doubtful.
