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GROM Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 17, 2024

Report Source: 2024 1st Quarter Report

Analyst's Ratings for Grom Social Enterprises Inc (GROM)

Based on 7 analysts giving stock ratings to Grom Social Enterprises Inc in the past 3 months

Strong
Sell
SellHoldBuyStrong
Buy
Strong Buy
29
Buy
57
Hold
14
Sell
0
Strong Sell
0
Grom Social Enterprises Inc

Grom Social Enterprises Inc. Stock Analysis GROM

United States Communication Services Nano Cap Report:
Grom Social Enterprises, Inc. is a media, technology, and entertainment company, which engages in the delivery of content to children under the age of 13 years, creation, acquisition, and development of a commercial potential of Kids and Family entertainment properties and associated business opportunities, provision of animation services, and offering protective web filtering solutions to block unwanted or inappropriate content. The company is headquartered in Boca Raton, Florida and currently employs 86 full-time employees. The company went IPO on 2016-10-10. The firm focuses on delivering content to children under the age of 13 years in a safe, secure platform that can be monitored by parents or guardians. The firm conducts its business through subsidiaries, including Grom Social, Inc. (GSOC), TD Holdings Limited (TDH), Grom Educational Services, Inc. (GEDU), Grom Nutritional Services, Inc. (GNUT) and Curiosity Ink Media, LLC (CIM). GSOC operates its social media network designed for children under the age of 13 years. TDH operates through two subsidiaries: Top Draw Animation Hong Kong Limited and Top Draw Animation, Inc., which are engaged in the production of animated films and television series. GEDU operates its Web filtering services provided to schools and government agencies. CIM is a kids and family original content and media company that focuses on building and managing entertainment brands and franchises.
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Grom Social Enterprises Inc (GROM) Chart

Key Statistics of Grom Social Enterprises Inc (GROM)

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

Today's Range

$0.00$0.00

Today's Open

$0.00

Volume

408.00

P/E Ratio (TTM)

-

52 Week Range

$0.00$0.00

Market Cap

902.20

Avg. Volume

413.32

Dividend Yield

-

Financial Metrics & Statements of Grom Social Enterprises Inc (GROM)

FAQ's for Grom Social Enterprises Inc (GROM)

  • According to Musaffa’s Shariah screening methodology, Grom Social Enterprises Inc (GROM) is currently classified as NOT HALAL as of June 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.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Grom Social Enterprises Inc using these criteria to determine its compliance status.
  • Muslim investors may consider investing in Grom Social Enterprises 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.
  • Musaffa determines the Shariah status of Grom Social Enterprises Inc 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 Grom Social Enterprises Inc 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 Grom Social Enterprises Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

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