Is DATATRAK International Inc halal to invest in?

According to Musaffa's Shariah screening methodology, DATATRAK International Inc (DTRK) is currently classified as DOUBTFUL as of May 2024. 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 DATATRAK International Inc 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 DATATRAK International Inc using these criteria to determine its compliance status.

Can Muslims buy shares of DATATRAK International Inc?

Muslim investors may consider investing in DATATRAK International Inc 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 DATATRAK International Inc classified as DOUBTFUL?

Musaffa determines the Shariah status of DATATRAK International Inc 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 DATATRAK International Inc updated?

The Shariah compliance status of DATATRAK International Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like DATATRAK International Inc 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 DATATRAK International Inc?

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

DTRK Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: May 03, 2024

Report Source: 2023 Annual Report

DATATRAK International Inc. Stock Analysis DTRK

United States Health Care Nano Cap Report: 2023 Annual

DATATRAK International, Inc. is a technology and services company, which delivers global eClinical solutions for the clinical trials industry. The company is headquartered in Beachwood, Ohio. The firm provides an interactive business-to-business software-as-a-service (SaaS) subscription product designed specifically for the customer’s industries. The firm provides Internet-based software platform products and services. Its principal products and services include cloud-based software solutions for life sciences that include applications such as clinical trial management systems, trial design, electronic data capture, medical coding, risk-based monitoring, electrocardiogram data capture, image data capture, endpoint adjudication, randomization, clinical supply inventory, and others.

Key Statistics of DATATRAK International Inc (DTRK)

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

Today's Range

$0.19$0.19

Today's Open

$0.19

Volume

173.00

P/E Ratio (TTM)

52 Week Range

$0.19$1.63

Market Cap

8.85M

Avg. Volume

5295.54

Dividend Yield

Financial Metrics & Statements of DATATRAK International Inc (DTRK)

FAQ's for DATATRAK International Inc (DTRK)

According to Musaffa’s Shariah screening methodology, DATATRAK International Inc (DTRK) is currently classified as DOUBTFUL as of May 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.