COV.V Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: June 26, 2025
Report Source: 2025 2nd Quarter Report
Covalon Technologies Ltd. Stock Analysis COV.V
Covalon Technologies Ltd. engages in the research, development, manufacturing, and marketing of patent-protected medical products. The company is headquartered in Mississauga, Ontario. The company went IPO on 2004-09-03. The firm's solutions are designed for patients and made for care providers. The firm leverages its patented medical technology platforms and expertise in two ways: by developing products that are sold under Covalon's name, and by developing and commercializing medical products for other medical companies under development and license contracts. The firm has three proprietary platform technologies that have the potential to be developed into a number of medical devices and products: Collagen matrix, Antimicrobial silicone adhesive and Medical coatings. Its product type includes advanced wound care, antimicrobial dressings, collagen dressings, IV dressings, and perioperative dressings. Its brands include ColActive PLUS, CovaClear, CovaView, CovaWound, IV Clear, SurgiClear, and VALGuard.
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Key Statistics of Covalon Technologies Ltd (COV.V)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
CAD1.91Volume
6655.00P/E Ratio (TTM)
26.1752 Week Range
Market Cap
51.37MAvg. Volume
6917.52Dividend Yield
-Financial Metrics & Statements of Covalon Technologies Ltd (COV.V)
Community-Curated Collections with Covalon Technologies Ltd (COV.V) ( With COV.V )
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FAQ's for Covalon Technologies Ltd (COV.V)
- According to Musaffa’s Shariah screening methodology, Covalon Technologies Ltd (COV.V) is currently classified as NOT HALAL as of June 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.