Matrix IT Ltd RMTHF
$29.60 $0.40 (1.33%) 1D
Last Updated: Aug 21, 12:00 AM·OOTC
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RMTHF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Matrix IT Ltd is classified as doubtful.
DOUBTFUL
Report Source: undefined Quarter Report
Matrix IT Ltd. Stock Analysis RMTHF
United States Information Technology Mid Cap Matrix IT Ltd. is an information technology (IT) company, which engages in the supply of software solutions and marketing of hardware and software products. Matrix IT is involved in designing and marketing software technologies and products for businesses. Its services portfolio falls into eight segments: Consulting, Integration and Infrastructure, Microsoft Dynamics CRM Global Services, Offshore Services, Outsourcing, Professional Services, Software Products, and Training and Deployment. The company provides its services to clients operating in the of banking sector, defense, healthcare and medical, industry, retail and commerce, public and governmental sector, and in the telecommunication sector. The firm's subsidiaries include Matrix Global, XTIVIA, Tiltan, Effect, Media Tech HiTech, Financial Education Center, John Bryce, TACT and Tangram. On October 26, 2011, it divested its subsidiary maXimum ERP.
Matrix IT Ltd (RMTHF) Chart
Financial Metrics & Statements of Matrix IT Ltd (RMTHF)
FAQ's for Matrix IT Ltd (RMTHF)
- As of August 2026, Matrix IT Ltd RMTHF is classified as doubtful 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 Matrix IT Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Matrix IT 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 Matrix IT 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 Matrix IT 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 Matrix IT Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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