Is ENGlobal Corp halal to invest in?

According to Musaffa's Shariah screening methodology, ENGlobal Corp (ENGC) is currently classified as 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.

Is ENGlobal 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 ENGlobal Corp using these criteria to determine its compliance status.

Can Muslims buy shares of ENGlobal Corp?

Muslim investors may consider investing in ENGlobal 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 ENGlobal Corp classified as HALAL?

Musaffa determines the Shariah status of ENGlobal 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 ENGlobal Corp updated?

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

Can a halal stock like ENGlobal 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 ENGlobal Corp?

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

ENGC Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: January 02, 2025

Report Source: 2024 3rd Quarter Report

ENGlobal Corp. Stock Analysis ENGC

United States Energy Nano Cap Report: Q3, 2024

ENGlobal Corp. engages in the provision of engineered modular solutions to the energy industry. The company is headquartered in Houston, Texas and currently employs 134 full-time employees. The Company’s segments include Commercial and Government Services. The Commercial segment provides multi-disciplined engineering services and fabrication relating to the development, management and execution of projects requiring professional engineering and related project management services primarily to the energy industry throughout the United States. The Government segment provides services related to the design, integration and implementation of process distributed control and analyzer systems, advanced automated data gathering systems, information technology and the maintenance of these systems primarily to the United States Government globally. The Government segment operates through its wholly owned subsidiary, ENGlobal Government Services, Inc. (EGS). EGS provides electrical and instrument installation, technical services, and ongoing maintenance, calibration and repair services.

Key Statistics of ENGlobal Corp (ENGC)

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

Today's Range

$0.13$0.13

Today's Open

$0.13

Volume

P/E Ratio (TTM)

52 Week Range

$0.13$0.47

Market Cap

140.00K

Avg. Volume

21.75K

Dividend Yield

Financial Metrics & Statements of ENGlobal Corp (ENGC)

FAQ's for ENGlobal Corp (ENGC)

According to Musaffa’s Shariah screening methodology, ENGlobal Corp (ENGC) is currently classified as 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.