Is Maquia Capital Acquisition Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Maquia Capital Acquisition Corp (MAQC) is currently classified as NOT HALAL 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 Maquia Capital Acquisition 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 Maquia Capital Acquisition Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Maquia Capital Acquisition Corp?

Muslim investors may consider investing in Maquia Capital Acquisition 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 Maquia Capital Acquisition Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Maquia Capital Acquisition 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 Maquia Capital Acquisition Corp updated?

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

Can a halal stock like Maquia Capital Acquisition 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 Maquia Capital Acquisition Corp?

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

MAQC Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 15, 2025

Report Source: 2024 3rd Quarter Report

Maquia Capital Acquisition Corp. Stock Analysis MAQC

United States N/A Nano Cap Report: Q3, 2024

Maquia Capital Acquisition Corp. is a blank check company. The company is headquartered in Miami, Florida. The company went IPO on 2021-05-05. The firm is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company has not selected any specific business combination target. The firm intends to focus its search on technology-focused middle market and emerging growth companies in North America.

Key Statistics of Maquia Capital Acquisition Corp (MAQC)

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

Today's Range

$2.00$2.00

Today's Open

$2.00

Volume

200.00

P/E Ratio (TTM)

52 Week Range

$2.00$11.40

Market Cap

5.70M

Avg. Volume