Is Innovative Food Holdings Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Innovative Food Holdings Inc (IVFH) is currently classified as DOUBTFUL as of January 2025. 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 Innovative Food Holdings 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 Innovative Food Holdings Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Innovative Food Holdings Inc?

Muslim investors may consider investing in Innovative Food Holdings 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 Innovative Food Holdings Inc classified as DOUBTFUL?

Musaffa determines the Shariah status of Innovative Food Holdings 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 Innovative Food Holdings Inc updated?

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

Can a halal stock like Innovative Food Holdings 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 Innovative Food Holdings Inc?

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

IVFH Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: January 15, 2025

Report Source: 2024 3rd Quarter Report

Innovative Food Holdings Inc. Stock Analysis IVFH

United States Consumer Discretionary Nano Cap Report: Q3, 2024

The company is headquartered in Broadview, Illinois and currently employs 70 full-time employees. The company went IPO on 2001-06-21.

Key Statistics of Innovative Food Holdings Inc (IVFH)

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

Today's Range

$0.29$0.29

Today's Open

$0.29

Volume

1000.00

P/E Ratio (TTM)

52 Week Range

$0.26$1.88

Market Cap

16.49M

Avg. Volume

38.86K

Dividend Yield

Financial Metrics & Statements of Innovative Food Holdings Inc (IVFH)

FAQ's for Innovative Food Holdings Inc (IVFH)

According to Musaffa’s Shariah screening methodology, Innovative Food Holdings Inc (IVFH) is currently classified as DOUBTFUL as of January 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.