Is Fatfish Group Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Fatfish Group Ltd (FFG.AX) is currently classified as NOT HALAL as of February 2024. 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 Fatfish Group Ltd 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 Fatfish Group Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Fatfish Group Ltd?

Muslim investors may consider investing in Fatfish Group 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.

Why is Fatfish Group Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Fatfish Group Ltd 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 Fatfish Group Ltd updated?

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

Can a halal stock like Fatfish Group Ltd 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 Fatfish Group Ltd?

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

FFG.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 16, 2024

Report Source: 2023 2nd Quarter Report

Fatfish Group Ltd. Stock Analysis FFG.AX

Australia Financials Nano Cap Report: Q2, 2023

Fatfish Group Ltd. is an internet venture investment firm, which engages in digital incubators to support startups in various business operation areas such as product development, marketing, strategy, finance, and others. The company is headquartered in Melbourne, Victoria. The firm incubates investee companies in digital entertainment, fintech and e-commerce as well as the application of Generative artificial intelligence (AI) technologies in these sectors. The company is focused on offering opportunities to investors to invest in a diversified portfolio of early-stage and growth-stage Internet businesses. Its investee companies, ranging from incubation through to listed entities, include ASEAN Fintech Group, Abelco Investment Group and iCandy Interactive. Its segments include Incubator services, Digital currency mining, BNPL and Insurtech services, and all other operating segments. The firm also owns Hibur.io, a social gaming platform. The firm is also focused on AI-powered gaming.

Key Statistics of Fatfish Group Ltd (FFG.AX)

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

Today's Range

AUD0.01AUD0.01

Today's Open

AUD0.01

Volume

3.01M

P/E Ratio (TTM)

1.79

52 Week Range

AUD0.01AUD0.01

Market Cap

10.88M

Avg. Volume

1.76M

Dividend Yield

Financial Metrics & Statements of Fatfish Group Ltd (FFG.AX)

FAQ's for Fatfish Group Ltd (FFG.AX)

According to Musaffa’s Shariah screening methodology, Fatfish Group Ltd (FFG.AX) is currently classified as NOT HALAL as of February 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.