Is Fintech Select Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Fintech Select Ltd (FTEC.V) is currently classified as DOUBTFUL 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 Fintech Select 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 Fintech Select Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Fintech Select Ltd?

Muslim investors may consider investing in Fintech Select 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 Fintech Select Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Fintech Select 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 Fintech Select Ltd updated?

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

Can a halal stock like Fintech Select 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 Fintech Select Ltd?

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

FTEC.V Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: July 17, 2025

Report Source: 2025 1st Quarter Report

Fintech Select Ltd. Stock Analysis FTEC.V

Canada Industrials Nano Cap Report: Q1, 2025

Fintech Select Ltd. engages in providing prepaid solutions, mobile banking, and cryptocurrency technologies. The company is headquartered in Chatham, Ontario. The company went IPO on 2004-08-20. The firm operates through various divisions: Prepaid Solutions, Twifty, Selectcoin and Call Center. The company operates a 24/7/365 multi-lingual call center, providing top-notch customer support to third-party customers in Canada and the United States, as well as to its own customers across all its platforms. Its corporate and government-facing MasterCard programs include Canada’s robust infrastructure, including a large POS footprint that allows consumers to fund their cards. Twifty specializes in e-commerce processing, corporate disbursements, and remittances. Selectcoin allows anyone to buy and sell cryptocurrencies through its large POS footprint. The company also operates an international call center that provides fulfillment and customer service support to customers.

Key Statistics of Fintech Select Ltd (FTEC.V)

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

Today's Range

CAD0.04CAD0.07

Today's Open

CAD0.04

Volume

441.66K

P/E Ratio (TTM)

52 Week Range

CAD0.03CAD0.10

Market Cap

2.80M

Avg. Volume

81.63K

Dividend Yield

Financial Metrics & Statements of Fintech Select Ltd (FTEC.V)

FAQ's for Fintech Select Ltd (FTEC.V)

According to Musaffa’s Shariah screening methodology, Fintech Select Ltd (FTEC.V) is currently classified as DOUBTFUL 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.