Is Findev Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Findev Inc (FDI.V) is currently classified as NOT HALAL as of July 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 Findev 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 Findev Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Findev Inc?

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

Musaffa determines the Shariah status of Findev 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 Findev Inc updated?

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

Can a halal stock like Findev 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 Findev Inc?

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

FDI.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 14, 2025

Report Source: 2025 1st Quarter Report

Findev Inc. Stock Analysis FDI.V

Canada Financials Nano Cap Report: Q1, 2025

Findev, Inc. operates as a real estate investment company, which engages in the financing of property during the development or redevelopment process. The company is headquartered in Toronto, Ontario. The company went IPO on 2005-03-11. The Company’s principal business is to provide real estate financing secured by investment properties and real estate developments. The company focuses on lending for residential and retail development projects within the Greater Toronto Area (GTA). The company is engaged in real estate projects that include condominiums, purpose-built rentals, townhouses, low-rise/subdivisions, and retail developments. Its loans are subordinated to construction loans or first mortgages.

Key Statistics of Findev Inc (FDI.V)

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

Today's Range

CAD0.39CAD0.39

Today's Open

CAD0.39

Volume

1758.00

P/E Ratio (TTM)

52 Week Range

CAD0.38CAD0.53

Market Cap

11.46M

Avg. Volume

10.02K

Dividend Yield

7.89%

Financial Metrics & Statements of Findev Inc (FDI.V)

FAQ's for Findev Inc (FDI.V)

According to Musaffa’s Shariah screening methodology, Findev Inc (FDI.V) is currently classified as NOT HALAL as of July 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.