Is Suntex Enterprises Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Suntex Enterprises Inc (SNTX) 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 Suntex Enterprises 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 Suntex Enterprises Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Suntex Enterprises Inc?

Muslim investors may consider investing in Suntex Enterprises 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 Suntex Enterprises Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Suntex Enterprises 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 Suntex Enterprises Inc updated?

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

Can a halal stock like Suntex Enterprises 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 Suntex Enterprises Inc?

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

SNTX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 16, 2024

Report Source: 2024 1st Quarter Report

Suntex Enterprises Inc. Stock Analysis SNTX

United States Energy Nano Cap Report: Q1, 2024

Suntex Enterprises, Inc. is a holding company that acquires and manages diversified portfolio of growth-oriented companies. The company is headquartered in Las Vegas, Nevada. The company went IPO on 2002-01-17. The firm provides comprehensive construction services across residential developments, commercial facilities, and industrial projects. The company maintains relationships with institutional clients and national developers, supporting a consistent pipeline of work and positioning the business for continued growth.

Key Statistics of Suntex Enterprises Inc (SNTX)

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

Today's Range

$0.01$0.01

Today's Open

$0.01

Volume

503.42K

P/E Ratio (TTM)

52 Week Range

$0.00$0.06

Market Cap

2.29M

Avg. Volume

3.19M

Dividend Yield

Financial Metrics & Statements of Suntex Enterprises Inc (SNTX)

FAQ's for Suntex Enterprises Inc (SNTX)

According to Musaffa’s Shariah screening methodology, Suntex Enterprises Inc (SNTX) 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.