Is PetVivo Holdings Inc halal to invest in?

According to Musaffa's Shariah screening methodology, PetVivo Holdings Inc (PETV) is currently classified as HALAL as of July 2024. 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 PetVivo 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 PetVivo Holdings Inc using these criteria to determine its compliance status.

Can Muslims buy shares of PetVivo Holdings Inc?

Muslim investors may consider investing in PetVivo 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 PetVivo Holdings Inc classified as HALAL?

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

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

Can a halal stock like PetVivo 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 PetVivo Holdings Inc?

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

PETV Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 27, 2024

Report Source: 2024 Annual Report

Analyst's Ratings for PetVivo Holdings Inc (PETV)

Based on 7 analysts giving stock ratings to PetVivo Holdings Inc in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

PetVivo Holdings Inc. Stock Analysis PETV

United States Health Care Nano Cap Report: 2024 Annual

The company is headquartered in Edina, Minnesota and currently employs 24 full-time employees. The company went IPO on 2012-07-10.

Key Statistics of PetVivo Holdings Inc (PETV)

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

Today's Range

$0.74$0.80

Today's Open

$0.80

Volume

14.39K

P/E Ratio (TTM)

52 Week Range

$0.60$1.69

Market Cap

27.31M

Avg. Volume

7139.24

Dividend Yield

Financial Metrics & Statements of PetVivo Holdings Inc (PETV)

FAQ's for PetVivo Holdings Inc (PETV)

According to Musaffa’s Shariah screening methodology, PetVivo Holdings Inc (PETV) is currently classified as HALAL as of July 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.