Is Insperity Stock Halal?

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 3/31/2022Fiscal Year ended 12/31/2021Fiscal Year ended 12/31/2020
Interest Expense19257,4588,016
Total Operating Expense187,379646,773612,165
Interest Expense / Total Operating Expense1.03%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

10Q March 2022

10K December 2021

Insperity Investor Relations

Insperity Glassdoor Rating

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