Fact, Inc. engages in the provision of solutions to protect personal art collections. The company is headquartered in Toronto, Ontario. The company went IPO on 2019-04-04. The firm is focused on developing a front-end user interface as well as modifying existing ballistics firmware for a comprehensive verification, tracking and reporting system. Using white light interferometry, it takes a non-destructive digital fingerprint of the art using over 10,000 scans. These scans are measured at two microns, which is equal to 1/50th of a human hair and are compared to one another by a computer algorithm to verify the paintings authenticity. Its data is stored securely on the block-chain for real time collection management.
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As of August 2026, Fact Inc FCTI is classified as not covered according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Fact Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Fact 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.
Musaffa determines the Shariah status of Fact Inc 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 Fact Inc 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 Fact Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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