Is Hop On Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Hop On Inc (HPNN) is currently classified as NOT HALAL as of January 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 Hop On 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 Hop On Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Hop On Inc?

Muslim investors may consider investing in Hop On 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 Hop On Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Hop On 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 Hop On Inc updated?

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

Can a halal stock like Hop On 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 Hop On Inc?

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

HPNN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 05, 2024

Report Source: 2023 3rd Quarter Report

Hop On Inc. Stock Analysis HPNN

United States Industrials Nano Cap Report: Q3, 2023

Hop-on, Inc. engages in development and manufacturing of electronics, distributed software and telecommunications services. The company is headquartered in Albuquerque, New Mexico. The company went IPO on 2001-07-11. Its products and technologies are sold under the Hop-on brand. The company offers solutions for entertainment and journalism. The firm specializes in the development and production of electronics, software distribution, and telecommunications hardware and services. The company has also created CDMA disposable cell phone. Its portfolio includes Digitalage, U.S. Manufacturing, and Licensing Agreements. The firm is advancing digital content protection technologies, a rights management platform, and a decentralized social media network under the Digitalage brand. Its subsidiaries are Digitalage, Inc. and Hop-on Wireless, Inc. Digitalage, Inc. is developing a platform that offers open and free sharing of ideas and content, as well as dialogue and debate within the boundaries of the United States law. The company also offers personal online data storage, content protection, and digital rights management.

Key Statistics of Hop On Inc (HPNN)

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

3.83M

P/E Ratio (TTM)

52 Week Range

$0.00$0.00

Market Cap

6.13M

Avg. Volume

6.23M

Dividend Yield

Financial Metrics & Statements of Hop On Inc (HPNN)

FAQ's for Hop On Inc (HPNN)

According to Musaffa’s Shariah screening methodology, Hop On Inc (HPNN) is currently classified as NOT HALAL as of January 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.