Is Insperity Stock Halal?
Table of Contents
Key Points
After examining Insperity’s source of revenue, the ratio of interest expense to total operating expense, and ESG impact we are comfortable investing in Insperity from a Halal perspective.
Company Overview
Insperity, Inc., previously known as Administaff, Inc., is a professional employer organization headquartered in Kingwood, an area of Houston, Texas. Insperity provides human resources and administrative services to small and medium-sized businesses.
How much of Insperity, Inc’s revenue comes from haram?
Insperity Inc.’s source of revenue is only from one reportable segment which is Professional Employer Organization (PEO) HR Outsourcing Solutions.
Practical Islamic finance concludes
None of Insperity, Inc’s. Revenue comes from anything inherently haram.
Does Insperity, Inc. rely on interest to operate?
| Recent Quarter ended 3/31/2022 | Fiscal Year ended 12/31/2021 | Fiscal Year ended 12/31/2020 | |
| Interest Expense | 1925 | 7,458 | 8,016 |
| Total Operating Expense | 187,379 | 646,773 | 612,165 |
| Interest Expense / Total Operating Expense | 1.03% | 1.15% | 1.31% |
*Numbers in Thousands, of U.S. dollars
Practical Islamic finance concludes:
Riba is used but not relied upon in Insperity, Inc’s operations.
What is Insperity’s Environmental, Social, and Governance (ESG) impact?
Environment
No notable environment highlights.
Social
Insperity has a Glassdoor rating of 4.1 out of 5. Glassdoor is a trusted website where current and former employees can review and rate their companies.
Governance
No notable governance highlights.
Practical Islamic finance concludes:
Insperity, Inc. has a net positive ESG impact.
Comfort Rating
From Insperity, Inc. business, financial, and ESG reviews, Practical Islamic Finance rates Insperity, Inc. stock as
Comfortable to invest in from a Halal perspective.
Sources