Is Multicorp International Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Multicorp International Inc (MCIC) is currently classified as NOT HALAL as of March 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 Multicorp International 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 Multicorp International Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Multicorp International Inc?

Muslim investors may consider investing in Multicorp International 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 Multicorp International Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Multicorp International 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 Multicorp International Inc updated?

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

Can a halal stock like Multicorp International 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 Multicorp International Inc?

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

MCIC Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 20, 2025

Report Source: 2024 3rd Quarter Report

Multicorp International Inc. Stock Analysis MCIC

United States Health Care Nano Cap Report: Q3, 2024

MultiCorp International, Inc. engages in supplying PPE gloves and is also committed to identifying and acquiring companies that are focused on growth in a variety of medical and technical sectors. The company is headquartered in Agoura Hills, California. The company went IPO on 2001-06-21. The firm is focused on working on a medical app that will assist in monitoring potential life threatening scenarios. The firm is also investigating software opportunities associated with new technologies to enhance specific outcomes.

Key Statistics of Multicorp International Inc (MCIC)

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

82.41K

P/E Ratio (TTM)

52 Week Range

$0.00$0.01

Market Cap

456.24K

Avg. Volume

335.39K

Dividend Yield

Financial Metrics & Statements of Multicorp International Inc (MCIC)

FAQ's for Multicorp International Inc (MCIC)

According to Musaffa’s Shariah screening methodology, Multicorp International Inc (MCIC) is currently classified as NOT HALAL as of March 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.