Is FendX Technologies Inc halal to invest in?

According to Musaffa's Shariah screening methodology, FendX Technologies Inc (FNDX.CN) 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 FendX Technologies 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 FendX Technologies Inc using these criteria to determine its compliance status.

Can Muslims buy shares of FendX Technologies Inc?

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

Musaffa determines the Shariah status of FendX Technologies 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 FendX Technologies Inc updated?

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

Can a halal stock like FendX Technologies 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 FendX Technologies Inc?

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

FNDX.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 14, 2025

Report Source: 2025 1st Quarter Report

FendX Technologies Inc. Stock Analysis FNDX.CN

Canada N/A Nano Cap Report: Q1, 2025

FendX Technologies, Inc. is a platform technology company that develops pathogen-repelling surface coatings to prevent the spread of pathogens. The firm is focused on developing products to reduce the spread of pathogens. The firm is developing both film and spray products to protect surfaces from contamination. The lead product under development, REPELWRAP film, is a protective surface coating film that prevents the adhesion of pathogens and reduces their transmission. The firm is also developing a spray coating and a catheter coating. The firm is conducting research and development activities using its nanotechnology in collaboration with partners, including McMaster University. The firm has worldwide licenses to its nanotechnology and intellectual property portfolio.

Key Statistics of FendX Technologies Inc (FNDX.CN)

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

Today's Range

CAD0.26CAD0.26

Today's Open

CAD0.26

Volume

500.00

P/E Ratio (TTM)

52 Week Range

CAD0.23CAD9.50

Market Cap

2.12M

Avg. Volume

5626.19

Dividend Yield

Financial Metrics & Statements of FendX Technologies Inc (FNDX.CN)

FAQ's for FendX Technologies Inc (FNDX.CN)

According to Musaffa’s Shariah screening methodology, FendX Technologies Inc (FNDX.CN) 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.