GXLM Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2024

Report Source: 2024 2nd Quarter Report

G

Grayscale Stellar Lumens Trust (XLM). Stock Analysis GXLM

United States N/A Nano Cap Report:
Grayscale Stellar Lumens Trust (XLM) is a US-based company operating in industry. The company is headquartered in Stamford, Connecticut. The company went IPO on 2021-10-18. Grayscale Stellar Lumens Trust (XLM) is an investment vehicle. The company provides accredited investors with secure access and exposure to the digital currency asset class in the form of a security without buying, storing, and safekeeping digital currencies directly. The company intends to reflect the value of Stellar Lumens held by the Trust, less fees and expenses. XLM's investment objective is for its shares to reflect the value of the XLM held by the Trust, less expenses and other liabilities. XLM also engages in administrative and custodial procedures necessary to accomplish activities in accordance with the provisions of the trust agreement, the custodian agreement, the license agreements and the participant agreements.
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Grayscale Stellar Lumens Trust (XLM) (GXLM) Chart

Key Statistics of Grayscale Stellar Lumens Trust (XLM) (GXLM)

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

Today's Range

$17.10$17.60

Today's Open

$17.60

Volume

5456.00

P/E Ratio (TTM)

-

52 Week Range

$14.00$53.55

Market Cap

8.53M

Avg. Volume

6435.35

Dividend Yield

-

Financial Metrics & Statements of Grayscale Stellar Lumens Trust (XLM) (GXLM)

FAQ's for Grayscale Stellar Lumens Trust (XLM) (GXLM)

  • According to Musaffa’s Shariah screening methodology, Grayscale Stellar Lumens Trust (XLM) (GXLM) 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.

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