Is Icts International NV halal to invest in?

According to Musaffa's Shariah screening methodology, Icts International NV (ICTSF) is currently classified as NOT HALAL as of October 2023. 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 Icts International NV 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 Icts International NV using these criteria to determine its compliance status.

Can Muslims buy shares of Icts International NV?

Muslim investors may consider investing in Icts International NV 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 Icts International NV classified as NOT HALAL?

Musaffa determines the Shariah status of Icts International NV 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 Icts International NV updated?

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

Can a halal stock like Icts International NV 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 Icts International NV?

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

ICTSF Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 17, 2023

Report Source: 2022 Annual Report

Icts International NV. Stock Analysis ICTSF

United States Industrials Micro Cap Report: 2022 Annual

ICTS International NV engages in the provision of security technologies and services. The firm operates in three segments: corporate, airport security and other aviation services, and technology. The airport security and other aviation services segment provide security and other services to airlines and airport authorities, predominantly in Europe and the United States. The technology segment is involved in the development and sale of identity security software to financial and other institutions, in Europe and the United States. ICTS, through its subsidiary, Huntleigh USA, Corp. (Huntleigh), engages primarily in non-security related activities in the United States. ICTS, through I-SEC International Security B.V. (I-SEC) and its subsidiaries, supplies aviation security services at airports in Europe and the Far East. ICTS, through Au10tix Ltd. (Au10Tix) and AU10TIX B.V., develops technological systems and solutions for financial and other institutions.

Key Statistics of Icts International NV (ICTSF)

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

Today's Range

$5.41$5.99

Today's Open

$5.41

Volume

1075.00

P/E Ratio (TTM)

52 Week Range

$3.06$6.02

Market Cap

170.44M

Avg. Volume

751.33

Dividend Yield

Financial Metrics & Statements of Icts International NV (ICTSF)

FAQ's for Icts International NV (ICTSF)

According to Musaffa’s Shariah screening methodology, Icts International NV (ICTSF) is currently classified as NOT HALAL as of October 2023. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.