Is Bio Essence Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Bio Essence Corp (BIOE) is currently classified as DOUBTFUL 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 Bio Essence 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 Bio Essence Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Bio Essence Corp?

Muslim investors may consider investing in Bio Essence 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 Bio Essence Corp classified as DOUBTFUL?

Musaffa determines the Shariah status of Bio Essence 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 Bio Essence Corp updated?

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

Can a halal stock like Bio Essence 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 Bio Essence Corp?

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

BIOE Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: January 14, 2025

Report Source: 2024 3rd Quarter Report

Bio Essence Corp. Stock Analysis BIOE

United States N/A Nano Cap Report: Q3, 2024

Bio Essence Corp. engages in the manufacture and sale of health supplement products. The company is headquartered in Irvine, California and currently employs 4 full-time employees. The company went IPO on 2022-03-30. The firm is mainly engaged in selling health supplements and providing original equipment manufacturing (OEM) services. The firm also outsources manufacturing / OEM services.

Key Statistics of Bio Essence Corp (BIOE)

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

Today's Range

$0.38$0.38

Today's Open

$0.38

Volume

2500.00

P/E Ratio (TTM)

19.85

52 Week Range

$0.05$0.52

Market Cap

23.40M

Avg. Volume

7451.86

Dividend Yield

Financial Metrics & Statements of Bio Essence Corp (BIOE)

FAQ's for Bio Essence Corp (BIOE)

According to Musaffa’s Shariah screening methodology, Bio Essence Corp (BIOE) is currently classified as DOUBTFUL 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.