Is FDCTECH Inc halal to invest in?

According to Musaffa's Shariah screening methodology, FDCTECH Inc (FDCT) is currently classified as NOT 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 FDCTECH 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 FDCTECH Inc using these criteria to determine its compliance status.

Can Muslims buy shares of FDCTECH Inc?

Muslim investors may consider investing in FDCTECH 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 FDCTECH Inc classified as NOT HALAL?

Musaffa determines the Shariah status of FDCTECH 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 FDCTECH Inc updated?

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

Can a halal stock like FDCTECH 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 FDCTECH Inc?

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

FDCT Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 18, 2025

Report Source: 2024 3rd Quarter Report

FDCTECH Inc. Stock Analysis FDCT

United States Information Technology Nano Cap Report: Q3, 2024

FDCTech, Inc. engages in the provision of foreign exchange prime brokerage and cryptocurrency solutions. The company is headquartered in Irvine, California. The company went IPO on 2019-10-24. The company offers its flagship Condor Trading Technology, which supports multi-asset trading, risk management, and pricing for forex, equities, commodities, and digital assets. Its Investment and Margin Brokerage Business segment includes Alchemy Markets Ltd. (AML) and Alchemy Prime Limited (APL). AML deals with its account (market maker) as a Category three licensed entity by the MFSA, receives and transmits orders for retail and professional clients, and holds and controls clients' money and assets. APL provides investment advice, safeguards and administers assets in forex, equity, commodities, spread bets, and other financial assets. Its Wealth Management segment provides licensing, compliance, and education solutions. The company provides technology and software development for digital assets.

Key Statistics of FDCTECH Inc (FDCT)

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

Today's Range

$0.04$0.06

Today's Open

$0.05

Volume

631.24K

P/E Ratio (TTM)

3.43

52 Week Range

$0.00$0.12

Market Cap

16.50M

Avg. Volume

164.90K

Dividend Yield

Financial Metrics & Statements of FDCTECH Inc (FDCT)

FAQ's for FDCTECH Inc (FDCT)

According to Musaffa’s Shariah screening methodology, FDCTECH Inc (FDCT) is currently classified as NOT 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.