Is GameOn Entertainment Technologies Inc halal to invest in?

According to Musaffa's Shariah screening methodology, GameOn Entertainment Technologies Inc (GET.CN) is currently classified as NOT HALAL as of November 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 GameOn Entertainment Technologies Inc 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 GameOn Entertainment Technologies Inc using these criteria to determine its compliance status.

Can Muslims buy shares of GameOn Entertainment Technologies Inc?

Muslim investors may consider investing in GameOn Entertainment Technologies Inc 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 GameOn Entertainment Technologies Inc classified as NOT HALAL?

Musaffa determines the Shariah status of GameOn Entertainment Technologies Inc 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 GameOn Entertainment Technologies Inc updated?

The Shariah compliance status of GameOn Entertainment Technologies Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like GameOn Entertainment Technologies Inc 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 GameOn Entertainment Technologies Inc?

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

GET.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 06, 2024

Report Source: 2024 2nd Quarter Report

GameOn Entertainment Technologies Inc. Stock Analysis GET.CN

Canada N/A Nano Cap Report: Q2, 2024

GameOn Entertainment Technologies, Inc. is the technology company. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2021-06-01. The firm is engaged in integrating Web3 technology to enhance player engagement and asset ownership. Through partnerships with premier sports leagues, such as LALIGA, PFL, and Karate Combat, and leveraging blockchain solutions from Arbitrum, the Company is engaged in delivering an interactive fantasy sports gaming experience. The digital asset token ($GAME) token, crafted in partnership with Sportsology, allows fans globally to compete, engage, and win rewards based on actual sports results. The firm's wholly owned subsidiaries include V2 Games USA Inc. and GameOn Entertainment Technologies Pty Ltd.

Key Statistics of GameOn Entertainment Technologies Inc (GET.CN)

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

Today's Range

CAD0.01CAD0.02

Today's Open

CAD0.01

Volume

115.39K

P/E Ratio (TTM)

52 Week Range

CAD0.04CAD0.21

Market Cap

1.02M

Avg. Volume

135.47K

Dividend Yield

Financial Metrics & Statements of GameOn Entertainment Technologies Inc (GET.CN)

FAQ's for GameOn Entertainment Technologies Inc (GET.CN)

According to Musaffa’s Shariah screening methodology, GameOn Entertainment Technologies Inc (GET.CN) is currently classified as NOT HALAL as of November 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.