Is XTM Inc halal to invest in?

According to Musaffa's Shariah screening methodology, XTM Inc (PAID.CN) is currently classified as NOT HALAL as of June 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 XTM 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 XTM Inc using these criteria to determine its compliance status.

Can Muslims buy shares of XTM Inc?

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

Musaffa determines the Shariah status of XTM 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 XTM Inc updated?

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

Can a halal stock like XTM 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 XTM Inc?

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

PAID.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 27, 2025

Report Source: 2025 1st Quarter Report

XTM Inc. Stock Analysis PAID.CN

Canada Financials Nano Cap Report: Q1, 2025

XTM, Inc. is a financial technology company, which engages in designing, building, and maintaining payment and ecommerce solutions customized for business and consumers in Canada. The company is headquartered in Toronto, Ontario. The company went IPO on 2020-03-10. Through its AnyDay platform, the Company provides businesses with automated tip pooling, instant payouts, and Earned Wage Access (EWA) solutions that empower employees with financial flexibility and control. Through its AnyDay product, a mobile and enterprise software solution specifically designed to provide earned wages to employees, on demand, via a mobile wallet, accessible via the Internet or by a free mobile app paired with a chip and pin EMV Mastercard debit card, its solution includes free banking features and is used by employees in Canada and the United States. The company supports various brands, including Earls, Marriott Hotels, Maple Leaf Sports & Entertainment, Cactus Club, and Live Nation. The firm serves the hospitality, healthcare, casinos and manufacturing industries.

Key Statistics of XTM Inc (PAID.CN)

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

Today's Range

CAD0.01CAD0.01

Today's Open

CAD0.01

Volume

74.00K

P/E Ratio (TTM)

52 Week Range

CAD0.01CAD0.07

Market Cap

2.79M

Avg. Volume

339.19K

Dividend Yield

Financial Metrics & Statements of XTM Inc (PAID.CN)

FAQ's for XTM Inc (PAID.CN)

According to Musaffa’s Shariah screening methodology, XTM Inc (PAID.CN) is currently classified as NOT HALAL as of June 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.