Is Recon Technology Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Recon Technology Ltd (RCON) is currently classified as NOT HALAL as of April 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 Recon Technology 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 Recon Technology Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Recon Technology Ltd?

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.

Why is Recon Technology Ltd classified as NOT HALAL?

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.

How often is the Shariah compliance for Recon Technology Ltd updated?

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

Can a halal stock like Recon Technology 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 Recon Technology Ltd?

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.

RCON Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 17, 2026

Report Source: 2026 2nd Quarter Report

Analyst's Ratings for Recon Technology Ltd (RCON)

Based on 6 analysts giving stock ratings to Recon Technology Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Recon Technology Ltd. Stock Analysis RCON

United States Energy Micro Cap Report: Q2, 2026

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.

Key Statistics of Recon Technology Ltd (RCON)

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

Today's Range

$0.61$0.82

Today's Open

$0.61

Volume

36.75K

P/E Ratio (TTM)

52 Week Range

$0.60$7.16

Market Cap

63.85M

Avg. Volume

20.19K

Dividend Yield

Financial Metrics & Statements of Recon Technology Ltd (RCON)

FAQ's for Recon Technology Ltd (RCON)

According to Musaffa’s Shariah screening methodology, Recon Technology Ltd (RCON) is currently classified as NOT HALAL as of April 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.