Is Global Cord Blood Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Global Cord Blood Corp (CORBF) is currently classified as NOT HALAL as of January 2023. 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 Global Cord Blood 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 Global Cord Blood Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Global Cord Blood Corp?

Muslim investors may consider investing in Global Cord Blood 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 Global Cord Blood Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Global Cord Blood 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 Global Cord Blood Corp updated?

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

Can a halal stock like Global Cord Blood 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 Global Cord Blood Corp?

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

CORBF Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 18, 2023

Report Source: 2021 Annual Report

Global Cord Blood Corp. Stock Analysis CORBF

United States Health Care Micro Cap Report: 2021 Annual

The company employs 1,202 full-time employees The company went IPO on 2009-11-19.

Key Statistics of Global Cord Blood Corp (CORBF)

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

Today's Range

$0.95$0.95

Today's Open

$0.95

Volume

136.00

P/E Ratio (TTM)

1.73

52 Week Range

$0.20$1.75

Market Cap

127.29M

Avg. Volume

713.93

Dividend Yield

Financial Metrics & Statements of Global Cord Blood Corp (CORBF)

FAQ's for Global Cord Blood Corp (CORBF)

According to Musaffa’s Shariah screening methodology, Global Cord Blood Corp (CORBF) is currently classified as NOT HALAL as of January 2023. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.