Is Helo Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Helo Corp (HLOC) is currently classified as DOUBTFUL as of April 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 Helo 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 Helo Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Helo Corp?

Muslim investors may consider investing in Helo 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 Helo Corp classified as DOUBTFUL?

Musaffa determines the Shariah status of Helo 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 Helo Corp updated?

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

Can a halal stock like Helo 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 Helo Corp?

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

HLOC Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: April 27, 2024

Report Source: 2023 Annual Report

Helo Corp. Stock Analysis HLOC

United States Information Technology Nano Cap Report: 2023 Annual

Helo Corp. is a wellness technology company, which engages in the provision of wearable devices for use in the quantified-self wellness market. The company developed the NutraMatic and Helo AI platforms, which leverage artificial intelligence (AI) and other technologies to analyze wearer data, provide personalized nutrition and recommendations. The company launched smartwatches, smart scales, and other wellness related products and services. The BioSense health band and Helo BioSense devices feature a proof-of-sensing chip, allowing data collected by each device to be digitally signed, providing a secure chain of data validation and enabling wearable device data monetization. Helo Health Ltd., a subsidiary, operates the e-commerce site, Helo Health Website. NutraLife AI mobile app and BioStrip product, an at-home personal urine test, that together offers users AI-informed personalized wellness guidance.

Key Statistics of Helo Corp (HLOC)

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

150.00

P/E Ratio (TTM)

52 Week Range

$0.00$1.01

Market Cap

47.69M

Avg. Volume

911.67

Dividend Yield

Financial Metrics & Statements of Helo Corp (HLOC)

FAQ's for Helo Corp (HLOC)

According to Musaffa’s Shariah screening methodology, Helo Corp (HLOC) is currently classified as DOUBTFUL as of April 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.