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Is Fitell Corp Stock Halal?
Shariah Compliance Analysis of FTEL Stock
No. As of October 2026, Fitell Corp (FTEL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Fitell Corp does not pass Musaffa's business and financial screening criteria.
Fitell Corp. is a holding company, which engages in the business of selling gym and fitness equipment. The company is headquartered in Sydney, New South Wales and currently employs 16 full-time employees. The company went IPO on 2023-08-08. The Company’s brand portfolio is categorized into three brands under its Gym Direct brand: Muscle Motion, Rapid Motion, and FleetX, in over 2,000 stock-keeping units (SKUs). The Company’s products and services include fitness equipment and licensing business. The company markets and sells fitness equipment and related products as well as a shop for business setup from personal training studios to commercial gyms. Its fitness equipment products are sold directly to customers through online or offline platforms. Its licensing business offers turnkey solution for personal training studios and commercial gym chains. Its artificial intelligence (AI)-powered interactive platform, 1FinalRound, provides online training content along with various other services.
FTEL Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Fitell Corp is classified as not halal.
NOT HALALFitell Corp (FTEL) Chart
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Financial Metrics & Statements of Fitell Corp (FTEL)
FAQ's for Fitell Corp (FTEL)
- As of October 2026, Fitell Corp FTEL 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 Fitell Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in Fitell 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 Fitell 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 Fitell 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 Fitell 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 Fitell Corp (FTEL)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
| Name | Price | 1D Change | Market Cap | Rating | |
|---|---|---|---|---|---|
Shoe Carnival Inc SCVL | $17.43 | 4.68% | $474.40M | Unlock |