RAKR Shariah Compliance
Screening Methodology: AAOIFI
LOCKED
Rainmaker Worldwide Inc. Stock Analysis RAKR
Rainmaker Worldwide, Inc. engages in the commercialization, sale, and development of patented water technologies that provides drinking water. The company is headquartered in Peterborough, Ontario. The company went IPO on 2004-12-03. The firm provides economical drinking water at scale wherever it is needed. The company has developed two types of energy-efficient, fresh water-producing/purification technologies, including Air-to-Water (AW) and Water-to-Water (WW). The Air-to-Water, which harvests fresh water from humidity and heat in the atmosphere. The Water-to-Water, which transforms contaminated water (saltwater, sewage, polluted) into safe, clean water by using environmentally sustainable processes. The Company’s technologies can be wind driven, solar based, or can use conventional power sources, such as a grid or generator. The company is deployable anywhere and leaves no carbon trace. Miranda Water Treatment Systems is a subsidiary of the Company focusing on the deployment of water solutions including water production from air, wastewater treatment and complex water purification systems in the Americas and globally.
Read More RAKR Chart
FAQ's
Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.