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MGON Shariah Compliance
Screening Methodology: AAOIFI
HALAL
Last Updated: February 10, 2025
Report Source: 2025 2nd Quarter Report
Breakthrough Chemistry Inc. Stock Analysis MGON
Megola, Inc. is a consortium group of health technologies and service companies, which engages in identifying environmentally sound solutions. The company is headquartered in Bonita Springs, Florida. The company went IPO on 2002-12-12. The firm has its own E-commerce Branding Division, Service Department, Licensing Division, Franchise Division maintaining its diverse manufactured product portfolios. Its principal products consist of two product lines: The Stink Genie and Balanced2Day (B2D). The Stink Genie is a do-it-yourself multi-purpose disinfectant/deodorizing/sanitizing unit that is an engineered, integrated UVC (ozone) system designed to reduce and control toxic compounds, such as mold, mildew, fungus, formaldehyde, xylene gasses and all types of smoke along with infectious agents, such as SARS Coronavirus, bacteria, influenza, hemolytic streptococci and others. The company offers Premium Hemp Extract products under the brand name B2D. The products are available in a variety of forms and formulations to help boost energy, manage pain, reduce stress, anxiety, insomnia and other benefits.
Read More Breakthrough Chemistry Inc (MGON) Chart
Key Statistics of Breakthrough Chemistry Inc (MGON)
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
$0.09Volume
400.00P/E Ratio (TTM)
25.9352 Week Range
Market Cap
1.61MAvg. Volume
18.50KDividend Yield
-Financial Metrics & Statements of Breakthrough Chemistry Inc (MGON)
FAQ's for Breakthrough Chemistry Inc (MGON)
- According to Musaffa’s Shariah screening methodology, Breakthrough Chemistry Inc (MGON) is currently classified as HALAL as of February 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.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Breakthrough Chemistry Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Breakthrough Chemistry 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.
- Musaffa determines the Shariah status of Breakthrough Chemistry Inc 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 Breakthrough Chemistry Inc 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 Breakthrough Chemistry Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.