Recon Technology Ltd RCON
$3.08 $0.54 (14.92%) 1D
Last Updated: Aug 21, 12:00 AM·NASDAQ
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RCON Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Recon Technology Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Recon Technology Ltd. Stock Analysis RCON
United States Energy Nano Cap Recon Technology Ltd. engages in providing oilfield services. The firm operates four segments. The Automation Product and Software segment mainly provides pumping unit controller, remote terminal unit (RTU) used to monitor natural gas wells, wireless dynamometer and wireless pressure gauge, and natural gas flow computer system. The Equipment and Accessories segment mainly provides heating furnaces and burner for oil and gas production and transportation. The Oilfield Environmental Protection segment provides wastewater treatment products and related service, as well as oily sludge disposal and treatment services to oilfield companies. The Platform Outsourcing Services segment provides online platform development and maintenance services to gas stations, and application programming interface (API) port export services and related maintenance services.
Recon Technology Ltd (RCON) Chart
Financial Metrics & Statements of Recon Technology Ltd (RCON)
FAQ's for Recon Technology Ltd (RCON)
- As of August 2026, Recon Technology Ltd RCON is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Recon Technology Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Recon Technology 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.
- Musaffa determines the Shariah status of Recon Technology Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Recon Technology Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Recon Technology Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Recon Technology Ltd (RCON)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
