Is CGI Inc. (GIB) halal? Halal. Based on AAOIFI screening, CGI Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 77/100 (Grade: B+).

CGI Inc.

GIB: Is CGI Inc. Halal?

Halal

CGI Inc.

NYSETechnologyCA

$66.07

-1.15%

Purify ~0.3% of income

About CGI Inc.

Headquartered in Montreal, Canada, CGI Inc. is a well-established information technology and business process services provider that has been operational since its founding in 1976. The company, which rebranded from CGI Group Inc. in January 2019, delivers a comprehensive array of services to clients worldwide. Its extensive global presence includes operations across Canada, the United States, a broad spectrum of European nations (encompassing Western, Southern, Central, and Eastern Europe, Scandinavia, Finland, Poland, and the Baltics), Australia, and the broader Asia Pacific region. CGI's core offerings include strategic IT and business process outsourcing management, expert systems integration, and professional consulting, alongside the distribution of various software solutions. They are also adept at providing full lifecycle application services, covering development, integration, maintenance, testing, and modernization, in addition to portfolio management. Furthermore, the company offers bespoke business consulting and specialized business process services tailored to the unique demands of specific industries, coupled with robust IT infrastructure support. Their diverse clientele spans an impressive array of sectors, such as government, banking and capital markets, healthcare, utilities, communications and media, energy (oil and gas), retail, consumer services, space, manufacturing, insurance, life sciences, and transportation and logistics.

Sector: Technology 路 Industry: Information Technology Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
B+

Good

Good compliance with minor concerns

77Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap22.1% / 30.0%

Compliance History

  1. Halalnow

    since Jun 2026

  2. Not Halal

    until the change above

  3. Doubtful

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 18, 2026Fiscal: FY 2025Source: FMP-ADR

Purify Your GIB Dividends

0.3% non-compliant income

GIB has 0.3% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

14.4B

Price

$66.07

Sector

Technology

Industry

Information Technology Services

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Frequently Asked Questions

Is CGI Inc. (GIB) halal to invest in?
Based on AAOIFI Standard 21 screening, CGI Inc. (GIB) is rated Halal with a compliance grade of B+ (Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did CGI Inc. get a B+ compliance rating?
CGI Inc. (GIB) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 22.1% (limit 30%); interest-bearing deposits of 4.3% (limit 30%); prohibited income of 0.28% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change CGI Inc.'s Shariah verdict?
CGI Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is CGI Inc. re-screened for Shariah compliance?
CGI Inc. (GIB) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 18, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.