Is ESG Inc halal to invest in?

According to Musaffa's Shariah screening methodology, ESG Inc (ESGH) 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 ESG 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 ESG Inc using these criteria to determine its compliance status.

Can Muslims buy shares of ESG Inc?

Muslim investors may consider investing in ESG 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 ESG Inc classified as HALAL?

Musaffa determines the Shariah status of ESG 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 ESG Inc updated?

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

Can a halal stock like ESG 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 ESG Inc?

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

ESGH Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: January 13, 2025

Report Source: 2024 3rd Quarter Report

ESG Inc. Stock Analysis ESGH

United States Consumer Staples Micro Cap Report: Q3, 2024

ESG, Inc. is a cold plasma application company. The company is headquartered in Chadds Ford, Pennsylvania and currently employs 145 full-time employees. The company went IPO on 2022-08-19. The firm develops and operates sustainable, plant-based food-ingredient and production businesses, initially focusing on mushroom composting, cultivation and processing. Its segments include White button mushroom, Compost III, and Mushroom powder seasonings. Leveraging its vertically integrated platform, it combines advanced composting technology, climate-controlled cultivation and emerging processing capabilities. The company is engaged in sustainable food production and distribution directly or indirectly through its subsidiaries and owns subsidiaries in China. Its subsidiaries are involved in direct mushroom composting, growing, food production, distribution as well as the import and export of food. Its subsidiaries include Funan Allied United Farmer Products Co., Ltd., Anhui Allied United Mushroom Technology Co., Ltd. and Anhui Allied United Mushroom Co., Ltd.

Key Statistics of ESG Inc (ESGH)

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

Today's Range

$2.00$2.10

Today's Open

$2.10

Volume

438.00

P/E Ratio (TTM)

54.84

52 Week Range

$2.00$8.49

Market Cap

64.76M

Avg. Volume

319.00

Dividend Yield

Financial Metrics & Statements of ESG Inc (ESGH)

FAQ's for ESG Inc (ESGH)

According to Musaffa’s Shariah screening methodology, ESG Inc (ESGH) 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.