Is Saean Group Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Saean Group Inc (SEAN) is currently classified as NOT HALAL as of May 2024. 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 Saean Group Inc 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 Saean Group Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Saean Group Inc?

Muslim investors may consider investing in Saean Group Inc 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 Saean Group Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Saean Group Inc 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 Saean Group Inc updated?

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

Can a halal stock like Saean Group Inc 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 Saean Group Inc?

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

SEAN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 22, 2024

Report Source: 2024 1st Quarter Report

Saean Group Inc. Stock Analysis SEAN

United States N/A Micro Cap Report: Q1, 2024

Saean Group, Inc. engages in the design and development services of electric vehicles. The company is headquartered in Irvine, California. The company went IPO on 2004-10-07. The firm's systems delivers payment acceptance, real time accounting, and payment risk mitigation services. The company offers EZ exit card to load inmate's remaining account funds on a debit card; EZ release kiosk that allows individual to bail themselves using a credit card; EZ money load kiosk enables family to give an inmate funds; EZ booking kiosk provides deposit funds from newly booked inmates; EZ work release kiosk pays inmate work release fees; and ATM services. The firm distributes its technologies through direct sales, channel partners, and various licensed entities.

Key Statistics of Saean Group Inc (SEAN)

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

Today's Range

$0.25$0.25

Today's Open

$0.25

Volume

444.00

P/E Ratio (TTM)

52 Week Range

$0.15$2.80

Market Cap

93.91M

Avg. Volume