Is Phonex Holdings Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Phonex Holdings Inc (PXHI) is currently classified as NOT COVERED as of May 2026. 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 Phonex 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 Phonex Holdings Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Phonex Holdings Inc?

Muslim investors may consider investing in Phonex 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 Phonex Holdings Inc classified as NOT COVERED?

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

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

Can a halal stock like Phonex 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 Phonex Holdings Inc?

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

Phonex Holdings Inc. Stock Analysis PXHI

United States Industrials Nano Cap

PhoneX Holdings, Inc. engages in the management of an online platform for the wholesale exchange of used smartphones. The firm's software as a service (SaaS) platform helps carriers, manufacturers, and distributors manage inventory, optimize sales, and expand customer networks. The firm's business types include PhoneX for Enterprises and PhoneX for Device Resellers. Its solutions include PhoneX Storefront, PhoneX Connect for Enterprises, PhoneX Connect for Device Resellers and PhoneX Warehouse. The firm's PhoneX Storefront is an e-commerce platform specific to the pre-owned device ecosystem. The firm's PhoneX Warehouse is made for wholesalers, value-added distributors, and remanufacturers in the pre-owned mobile device industry. PhoneX Warehouse tracks devices at the IMEI level, all the way from its customer’s supplier SKU to its customer SKU. The Company’s PhoneX Connect product enables smaller resellers to connect to and pre-sell inventory of larger suppliers.

Key Statistics of Phonex Holdings Inc (PXHI)

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

Today's Range

$1.10$1.10

Today's Open

$1.10

Volume

1000.00

P/E Ratio (TTM)

52 Week Range

$1.00$3.25

Market Cap

42.50M

Avg. Volume

4566.07

Dividend Yield

Financial Metrics & Statements of Phonex Holdings Inc (PXHI)

FAQ's for Phonex Holdings Inc (PXHI)

According to Musaffa’s Shariah screening methodology, Phonex Holdings Inc (PXHI) is currently classified as NOT COVERED as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.