Is Arax Holdings Corp. halal to invest in?

According to Musaffa's Shariah screening methodology, Arax Holdings Corp. (ARAT) is currently classified as NOT HALAL as of January 2025. 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 Arax Holdings 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 Arax Holdings Corp. using these criteria to determine its compliance status.

Can Muslims buy shares of Arax Holdings Corp.?

Muslim investors may consider investing in Arax Holdings 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 Arax Holdings Corp. classified as NOT HALAL?

Musaffa determines the Shariah status of Arax Holdings 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 Arax Holdings Corp. updated?

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

Can a halal stock like Arax Holdings 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 Arax Holdings Corp.?

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

ARAT Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 15, 2025

Report Source: 2024 3rd Quarter Report

Arax Holdings Corp.. Stock Analysis ARAT

United States Information Technology Nano Cap Report: Q3, 2024

Arax Holdings Corp. is a development stage company, which engages in the provision of software and logistics services. The company is headquartered in New York City, New York. The company went IPO on 2013-10-09. The firm offers Blockchain-as-a-Platform (BaaP) solutions, specializing in decentralized finance (DeFi), asset tokenization, ESG compliance, and enterprise blockchain integrations. Its solutions include Blockchain Solutions, Carbon Credits, Fintech and Risk Management, Smart Contract Development, RWA / RWP Tokenization, Government and Central Bank, Metaverse and Digital Twin, and Federated Artificial Intelligence (AI) and machine learning (ML). The firm empowers the decentralized technology through its BaaP vision, uniting cloud computing, AI, machine learning, predictive analytics, digital identity, digital assets, and Internet of Things (IoT).

Key Statistics of Arax Holdings Corp. (ARAT)

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

Today's Range

$0.01$0.01

Today's Open

$0.01

Volume

50.00K

P/E Ratio (TTM)

52 Week Range

$0.01$0.49

Market Cap

667.56K

Avg. Volume