Is Openlocker Holdings Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Openlocker Holdings Inc (OLKR) is currently classified as NOT 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.

Is Openlocker 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 Openlocker Holdings Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Openlocker Holdings Inc?

Muslim investors may consider investing in Openlocker 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 Openlocker Holdings Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Openlocker 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 Openlocker Holdings Inc updated?

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

Can a halal stock like Openlocker 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 Openlocker Holdings Inc?

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

OLKR Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 28, 2025

Report Source: 2025 1st Quarter Report

Openlocker Holdings Inc. Stock Analysis OLKR

United States Information Technology Micro Cap Report: Q1, 2025

OpenLocker Holdings, Inc. engages in offering marketing solutions for collegiate and professional sports organizations and athletes. The company is headquartered in West Palm Beach, Florida. The company offers a comprehensive suite of collectibles, products and services, adopting a hybrid flexible model creating products both licensed and non-licensed with colleges, professional sports teams, leagues, brands and others. The Platinum Card by OpenLocker is a metal, wallet-sized card that has the digital art print sublimated on one side and a QR code printed on the other side which directs to the fan community online portal. The company also sells exclusive gear, including t-shirts, sweatshirts, hats and pins, in its exclusive gear shops. The OpenLocker Marketplace provides a user-friendly shopping experience for sports fans to purchase membership cards, gear and collectibles featuring their favorite athletes for access to exclusive perks and rewards.

Key Statistics of Openlocker Holdings Inc (OLKR)

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

Today's Range

$0.14$0.21

Today's Open

$0.14

Volume

1049.00

P/E Ratio (TTM)

52 Week Range

$0.06$0.41

Market Cap

99.41M

Avg. Volume

1025.00

Dividend Yield

Financial Metrics & Statements of Openlocker Holdings Inc (OLKR)

FAQ's for Openlocker Holdings Inc (OLKR)

According to Musaffa’s Shariah screening methodology, Openlocker Holdings Inc (OLKR) is currently classified as NOT 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.