Formula Systems 1985 Ltd FORTY
$116.21 $6.34 (5.77%) 1D
Last Updated: Aug 18, 12:00 AM·NASDAQ
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FORTY Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Formula Systems 1985 Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Formula Systems 1985 Ltd. Stock Analysis FORTY
United States Information Technology Small Cap Formula Systems (1985) Ltd. engages in the provision of software solutions and information technology professional services. The Company, through its directly held subsidiary and affiliated companies, is engaged in providing software solutions and services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration. The firm operates through two segments: software services and IT professional services. The software services segment develops markets, sells and supports an application platform, software applications, business and process integration solutions, and related services. The IT professional services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, as well as supplemental outsourcing services.
Formula Systems 1985 Ltd (FORTY) Chart
Financial Metrics & Statements of Formula Systems 1985 Ltd (FORTY)
FAQ's for Formula Systems 1985 Ltd (FORTY)
- As of August 2026, Formula Systems 1985 Ltd FORTY is classified as not halal 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 Formula Systems 1985 Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Formula Systems 1985 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.
- Musaffa determines the Shariah status of Formula Systems 1985 Ltd 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 Formula Systems 1985 Ltd 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 Formula Systems 1985 Ltd 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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