Is AB International Group Corp halal to invest in?

According to Musaffa's Shariah screening methodology, AB International Group Corp (ABQQ) is currently classified as DOUBTFUL as of August 2024. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is AB International Group Corp a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes AB International Group Corp using these criteria to determine its compliance status.

Can Muslims buy shares of AB International Group Corp?

Muslim investors may consider investing in AB International Group Corp if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is AB International Group Corp classified as DOUBTFUL?

Musaffa determines the Shariah status of AB International Group Corp by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for AB International Group Corp updated?

The Shariah compliance status of AB International Group Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like AB International Group Corp become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of AB International Group Corp?

You can check the latest Shariah compliance status of AB International Group Corp on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

ABQQ Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: August 21, 2024

Report Source: 2024 3rd Quarter Report

AB International Group Corp. Stock Analysis ABQQ

United States Communication Services Nano Cap Report: Q3, 2024

AB International Group Corp. is an Intellectual Property (IP) investment and licensing company. The company is headquartered in Mount Kisco, New York and currently employs 11 full-time employees. The company went IPO on 2015-06-18. The company is engaged in the acquisition and distribution of movies. The firm's segments include Copyrights and license (IP) segment and Cinema segment. The firm has the ownership and copyright of the NFT MMM platform, including the APP NFT MMM, and the Website: starestnet.io. The firm operates AB Cinemas, a physical movie theater in New York with plans to expand nationwide. The company operates Mt. Kisco Theatre is located in Mount Kisco, New York. The firm uses this theater with a total of five screens and 466 seats for screening films. Its subsidiary, AI+ Hubs Corp, is principally engaged in copyright sales and provides embedded marketing services. Its portfolio includes the licensing of ufilm AI IP to clients.

Key Statistics of AB International Group Corp (ABQQ)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$0.36$0.47

Today's Open

$0.47

Volume

10.03K

P/E Ratio (TTM)

5.03

52 Week Range

$0.00$0.00

Market Cap

1.61M

Avg. Volume

5262.50

Dividend Yield

Financial Metrics & Statements of AB International Group Corp (ABQQ)

FAQ's for AB International Group Corp (ABQQ)

According to Musaffa’s Shariah screening methodology, AB International Group Corp (ABQQ) is currently classified as DOUBTFUL as of August 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.