HGAS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 19, 2024

Report Source: 2024 1st Quarter Report

Global Gas Corp

Global Gas Corp. Stock Analysis HGAS

United States Materials Nano Cap Report:
Global Gas Corp. engages in the development and supply of nascent pure-play hydrogen, carbon and industrial gas. The company is headquartered in New York City, New York and currently employs 2 full-time employees. The company went IPO on 2020-12-18. The company offers low-carbon and clean hydrogen, pure carbon dioxide, and other gases generated from a variety of feedstocks. Its activities involve the sourcing, identification, evaluation and vetting of offtake customers seeking to purchase industrial gases; the securing of local feedstocks, equipment, and utilities; the planning and management of projects, and the structuring and financing of projects. The company targets both privately- and publicly funded hydrogen development and selected carbon recovery projects, including projects supported by local-, county-, state-, and national-level governments in North America, Western Europe and Great Britain. In selecting feedstock to generate industrial gases, it targets renewable waste and seeks arrangements with owners, such as wastewater treatment plants, landfills, food waste processing facilities, and agricultural farms, to access their feedstock.
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Global Gas Corp (HGAS) Chart

Key Statistics of Global Gas Corp (HGAS)

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

Today's Range

$0.06$0.06

Today's Open

$0.06

Volume

104.00

P/E Ratio (TTM)

19.71

52 Week Range

$0.03$0.23

Market Cap

710.43K

Avg. Volume

2915.00

Dividend Yield

-

Financial Metrics & Statements of Global Gas Corp (HGAS)

FAQ's for Global Gas Corp (HGAS)

  • According to Musaffa’s Shariah screening methodology, Global Gas Corp (HGAS) 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.

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