Musaffa Logo

Our certifications

Independent proof that every stock and portfolio meets halal standards.

How we screen every stock
METHODOLOGY

How we screen every stock

Our 5-step halal methodology, in 90 seconds.

ARAT Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 15, 2025

Report Source: 2024 3rd Quarter Report

Arax Holdings Corp.

Arax Holdings Corp.. Stock Analysis ARAT

United States Information Technology Nano Cap Report:
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).
Read More

Arax Holdings Corp. (ARAT) Chart

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

$0.03$0.03

Today's Open

$0.03

Volume

6200.00

P/E Ratio (TTM)

-

52 Week Range

$0.01$0.49

Market Cap

670.00K

Avg. Volume

28.10K

Dividend Yield

-

Financial Metrics & Statements of Arax Holdings Corp. (ARAT)

FAQ's for Arax Holdings Corp. (ARAT)

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

Disclaimer

The content provided on this website is intended solely for informational and educational purposes. Musaffa is a technology, data, education, and research company. We are not licensed financial service provider by the authorized relevant financial service regulator in India or any other regulatory government body, and we do not offer or facilitate any trading, brokerage, investment, or financial advisory services. We do not deliberately target an audience seeking financial services.

By accessing this website, you acknowledge and confirm that you are seeking information relating to Musaffa of your own accord, and that there has been no form of solicitation, advertisement, or inducement by Musaffa or its members. Musaffa shall not be liable for the consequences of any action taken by relying on the material or information provided on this website. The contents of this website are the intellectual property of Musaffa.