Is Cloopen Group Holding Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Cloopen Group Holding Ltd (RAASY) 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 Cloopen Group Holding Ltd 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 Cloopen Group Holding Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Cloopen Group Holding Ltd?

Muslim investors may consider investing in Cloopen Group Holding Ltd 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 Cloopen Group Holding Ltd classified as NOT COVERED?

Musaffa determines the Shariah status of Cloopen Group Holding Ltd 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 Cloopen Group Holding Ltd updated?

The Shariah compliance status of Cloopen Group Holding Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Cloopen Group Holding Ltd 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 Cloopen Group Holding Ltd?

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

Cloopen Group Holding Ltd. Stock Analysis RAASY

United States Information Technology Micro Cap

Cloopen Group Holding Ltd. provides cloud based communications solutions. The company is headquartered in Beijing, Beijing and currently employs 1,107 full-time employees. The company went IPO on 2021-02-09. The firm offers cloud-based communications solutions, covering communications platform as a service (CPaaS), cloud-based contact centers (cloud-based CC), and cloud-based unified communications and collaborations (cloud-based UC&C). The firm serves industries such as internet, telecommunications, financial services, industrial manufacturing and energy.

Key Statistics of Cloopen Group Holding Ltd (RAASY)

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

Today's Range

$2.20$2.35

Today's Open

$2.20

Volume

1007.00

P/E Ratio (TTM)

52 Week Range

$0.11$2.52

Market Cap

66.74M

Avg. Volume

11.26K

Dividend Yield

Financial Metrics & Statements of Cloopen Group Holding Ltd (RAASY)

FAQ's for Cloopen Group Holding Ltd (RAASY)

According to Musaffa’s Shariah screening methodology, Cloopen Group Holding Ltd (RAASY) 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.