Is Quantgate Systems Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Quantgate Systems Inc (QGSI) 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 Quantgate Systems 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 Quantgate Systems Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Quantgate Systems Inc?

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

Musaffa determines the Shariah status of Quantgate Systems 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 Quantgate Systems Inc updated?

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

Can a halal stock like Quantgate Systems 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 Quantgate Systems Inc?

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

QGSI Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 08, 2025

Report Source: 2025 1st Quarter Report

Quantgate Systems Inc. Stock Analysis QGSI

United States Information Technology Nano Cap Report: Q1, 2025

QuantGate Systems, Inc. is a financial technology company. The company is headquartered in New York City, New York. The company went IPO on 2010-04-22. The firm is engaged in developing artificial intelligence, machine learning and big-data processing algorithms to deliver software-as-a-service (SaaS) solutions and seamless application programming interface (API) integration. Through its subsidiary, Mobilotto Systems Inc., the Company is engaged in the research, development, and commercialization of geo location technology that enables the identification and tracking of the geographic location of objects or people using various data sources. The AI algorithms apply to any digital currency traded on exchanges interfaced with an electronic order book. The company has also developed a set of modules, systems and AI algorithms aligned to deliver a scalable and robust crypto solution to power any third-party mobile, desktop, Web or SaaS-based clients via a set of enterprise APIs. Its Pilot / Stealth is a Platform as a Service solution, providing intelligence-based, automated software solutions.

Key Statistics of Quantgate Systems Inc (QGSI)

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

Today's Range

$0.01$0.01

Today's Open

$0.01

Volume

31.52K

P/E Ratio (TTM)

52 Week Range

$0.01$0.05

Market Cap

3.99M

Avg. Volume

23.43K

Dividend Yield

Financial Metrics & Statements of Quantgate Systems Inc (QGSI)

FAQ's for Quantgate Systems Inc (QGSI)

According to Musaffa’s Shariah screening methodology, Quantgate Systems Inc (QGSI) 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.