Is Glidelogic Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Glidelogic Corp (GDLG) is currently classified as NOT HALAL as of July 2024. 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 Glidelogic Corp 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 Glidelogic Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Glidelogic Corp?

Muslim investors may consider investing in Glidelogic 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.

Why is Glidelogic Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Glidelogic Corp 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 Glidelogic Corp updated?

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

Can a halal stock like Glidelogic Corp 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 Glidelogic Corp?

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

GDLG Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 12, 2024

Report Source: 2024 1st Quarter Report

Glidelogic Corp. Stock Analysis GDLG

United States N/A Nano Cap Report: Q1, 2024

Glidelogic Corp. engages in software development, encryption, block chain technologies, and related business lines. The company is headquartered in Las Vegas, Nevada and currently employs 2 full-time employees. The company went IPO on 2022-10-26. The firm offers consulting services across three areas, such as artificial intelligence (AI) Solutions and Entertainment Marketing, FinTech Innovations and Blockchain Developments. The company is developing a large-scale entertainment marketing-focused model based on open-source large language models (LLMs) and agentic AI. The company is crafting AI applications for specific verticals within the e-commerce and social media domains, particularly in the realm of virtual digital personas, offering ways to engage audiences through AI agents. The company offers consulting services to cross-border e-commerce payment service providers. The company also offers custom software development and white-label solutions. The company also collaborates with UnionPay and Alipay via NihaoPay (a cross-border payment platform) to build a solution for cross-border e-commerce. In the blockchain sphere, it offers development and consulting services for Web3 project.

Key Statistics of Glidelogic Corp (GDLG)

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

Today's Range

$0.09$0.09

Today's Open

$0.09

Volume

14.80K

P/E Ratio (TTM)

52 Week Range

$0.02$0.90

Market Cap

13.32M

Avg. Volume

13.71K

Dividend Yield

Financial Metrics & Statements of Glidelogic Corp (GDLG)

FAQ's for Glidelogic Corp (GDLG)

According to Musaffa’s Shariah screening methodology, Glidelogic Corp (GDLG) is currently classified as NOT HALAL as of July 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.