Invest on your own
Build your own portfolio, stock by stock.
We do it for you
Professionally managed portfolios, built and rebalanced for you.
NEW
How we screen every stock
Our halal screening & purification process in 3 minutes
Screeners
Your portfolio
Calculators
TOOL
Check any stock in seconds
Search 11,000+ tickers and see the halal verdict instantly.
Our certifications
Independent proof that every stock and portfolio meets halal standards.
METHODOLOGY
How we screen every stock
Our 5-step halal methodology, in 90 seconds.
Get help
NEW
Halal investing 101
A beginner-friendly intro to investing the halal way.
Plans by product
COMPARE
Find your plan
See every feature side-by-side and pick what fits.
Investors
INVESTORS
Invest in Musaffa
We're building the financial house for 1.9B Muslims. See the deck.
EQOSQ Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: December 29, 2022
Report Source: 2021 Annual Report
Eqonex Ltd. Stock Analysis EQOSQ
United States Financials Nano Cap Report: EQONEX Ltd. is a digital asset financial services and advisory company, which engages in the provision of trading, custody, and asset management solutions. The company employs 195 full-time employees The firm mainly provides products, services and solutions for enterprises to manage data, financial assets and cryptocurrency. The Company’s products are under brands EQUOS, EQO and the new brand EQONEX.
Read More Eqonex Ltd (EQOSQ) Chart
Financial Metrics & Statements of Eqonex Ltd (EQOSQ)
FAQ's for Eqonex Ltd (EQOSQ)
- According to Musaffa’s Shariah screening methodology, Eqonex Ltd (EQOSQ) is currently classified as NOT HALAL as of December 2022. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Eqonex Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Eqonex Ltd if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Eqonex Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Eqonex Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Eqonex Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.