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INQD Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: July 22, 2024
Report Source: 2023 Annual Report
Indoor Harvest Corp. Stock Analysis INQD
Indoor Harvest Corp. engages in the provision of leveraging technology and planning on vertical farming, building integrated agriculture, controlled environment agriculture, and aeroponic cultivation technology in the cannabis industry. The company is headquartered in Austin, Texas and currently employs 0 full-time employees. The company went IPO on 2015-01-15. The firm is focused on leveraging technology and planning on vertical farming, building integrated agriculture, controlled environment agriculture, and aeroponic cultivation technology with other synergistic enterprises in the cannabis industry. The firm's wholly owned subsidiary, IHC Consulting, Inc. (IHC), is engaged in providing consulting and other services to the Company and others on a contracted basis. The current business strategy of the Company is to serve as an integrated consolidation platform for plant-based industry companies focused on hemp, other hemp-related products, cannabidiol (CBD), and other plant-based businesses with the potential to be part of opportunities while sharing intellectual capital, technology, expanded business networks, and access to new capital markets and liquidity for investors.
Read More Indoor Harvest Corp (INQD) Chart
Key Statistics of Indoor Harvest Corp (INQD)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$0.00Volume
1.45MP/E Ratio (TTM)
-52 Week Range
Market Cap
320.57KAvg. Volume
309.35KDividend Yield
-Financial Metrics & Statements of Indoor Harvest Corp (INQD)
FAQ's for Indoor Harvest Corp (INQD)
- According to Musaffa’s Shariah screening methodology, Indoor Harvest Corp (INQD) 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.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Indoor Harvest Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in Indoor Harvest 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.
- Musaffa determines the Shariah status of Indoor Harvest Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Indoor Harvest Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Indoor Harvest Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.