FRMO Corp FRMO
$7.49 $0.01 (0.13%) 1D
Last Updated: Aug 21, 12:00 AM·OOTC
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FRMO Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, FRMO Corp is classified as doubtful.
DOUBTFUL
Report Source: undefined Quarter Report
FRMO Corp. Stock Analysis FRMO
United States N/A Small Cap FRMO Corp. operates as a holding company, which engages in the identification and participation in operating assets. The company is headquartered in White Plains, New York. The firm is focused on making strategic investments in public and private companies. The firm holds a 21.84% and 21.80% equity interest in Horizon Kinetics Hard Assets LLC (HKHA), a company formed by Horizon Kinetics LLC (Horizon). The firm also holds a 4.95% interest in Horizon and earns substantially all of its advisory fees from Horizon. The firm's investments in digital assets include direct exposure to Bitcoin, Bitcoin Cash, Ethereum Classic, Ethereum, Litecoin and ZCash. Its wholly owned subsidiary is Fromex Equity Corp.
FRMO Corp (FRMO) Chart
Financial Metrics & Statements of FRMO Corp (FRMO)
FAQ's for FRMO Corp (FRMO)
- As of August 2026, FRMO Corp FRMO is classified as doubtful 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 FRMO Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in FRMO Corp 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 FRMO Corp 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 FRMO Corp 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 FRMO Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for FRMO Corp (FRMO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
