Is Novo Integrated Sciences Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Novo Integrated Sciences Inc (NVOS) 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 Novo Integrated Sciences 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 Novo Integrated Sciences Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Novo Integrated Sciences Inc?

Muslim investors may consider investing in Novo Integrated Sciences 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 Novo Integrated Sciences Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Novo Integrated Sciences 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 Novo Integrated Sciences Inc updated?

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

Can a halal stock like Novo Integrated Sciences 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 Novo Integrated Sciences Inc?

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

NVOS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 27, 2025

Report Source: 2024 Annual Report

Novo Integrated Sciences Inc. Stock Analysis NVOS

United States Health Care Nano Cap Report: 2024 Annual

Novo Integrated Sciences, Inc. engages in the provision of medical services. The company is headquartered in Bellevue, Washington and currently employs 115 full-time employees. The company went IPO on 2005-07-12. The company operates through two reportable segments: healthcare services and product sales. Its businesses include healthcare, medical technology, manufacturing, research and diagnostics, and products and brands. Its specialized primary health care services include physiotherapy, chiropractic care, manual/manipulative therapy, occupational therapy, eldercare, and others. Its products include Terragenx and ProDip (dietary supplement pouches). Terragenx is a micro-dosing IoNovo Iodine product for all ages and lifestyles. Its medical technologies include telemedicine, and remote patient monitoring.

Key Statistics of Novo Integrated Sciences Inc (NVOS)

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

Today's Range

$0.02$0.02

Today's Open

$0.02

Volume

14.00K

P/E Ratio (TTM)

52 Week Range

$0.00$0.06

Market Cap

61.16K

Avg. Volume

55.40K

Dividend Yield

Financial Metrics & Statements of Novo Integrated Sciences Inc (NVOS)

FAQ's for Novo Integrated Sciences Inc (NVOS)

According to Musaffa’s Shariah screening methodology, Novo Integrated Sciences Inc (NVOS) 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.