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Our 5-step halal methodology, in 90 seconds.

SPRS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2024

Report Source: 2024 2nd Quarter Report

Surge Components Inc

Surge Components Inc. Stock Analysis SPRS

United States Industrials Nano Cap Report:
Surge Components, Inc. engages in the distribution of electronic products and components. The company is headquartered in Deer Park, New York and currently employs 46 full-time employees. The company went IPO on 2001-12-03. The firm operates with two sales groups, Surge Components (Surge) and Challenge Electronics (Challenge). Its products include capacitors, which are electrical energy storage devices, and discrete semiconductor components, such as rectifiers, transistors, and diodes, which are single function low power semiconductor products that are packaged alone as compared to integrated circuits such as microprocessors. The products that the Company sells are utilized in the electronic circuitry of diverse products, including, but not limited to, automobiles, audio products, temperature control products, lighting products, energy-related products, computer-related products, various types of consumer products, garage door openers, household appliances, power supplies and security equipment. Its core products include buzzers, speakers, microphones, resonators, alarms, chimes, filters, and discriminators.
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Surge Components Inc (SPRS) Chart

Key Statistics of Surge Components Inc (SPRS)

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

Today's Range

$3.57$3.57

Today's Open

$3.32

Volume

485.00

P/E Ratio (TTM)

17.95

52 Week Range

$2.21$3.64

Market Cap

19.72M

Avg. Volume

3768.64

Dividend Yield

-

Financial Metrics & Statements of Surge Components Inc (SPRS)

FAQ's for Surge Components Inc (SPRS)

  • According to Musaffa’s Shariah screening methodology, Surge Components Inc (SPRS) is currently classified as NOT HALAL as of July 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.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Surge Components Inc using these criteria to determine its compliance status.
  • Muslim investors may consider investing in Surge Components 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.
  • Musaffa determines the Shariah status of Surge Components Inc 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 Surge Components Inc 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 Surge Components Inc 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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