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TAPP Shariah Compliance
Screening Methodology: AAOIFI
HALAL
Last Updated: April 28, 2024
Report Source: 2023 Annual Report
Tap Resources Inc. Stock Analysis TAPP
Tap Resources, Inc. is a holding company, which engages in providing its subsidiary, Yodole, mobile phone services. The company is headquartered in Carson City, Nevada and currently employs 0 full-time employees. The company went IPO on 2009-12-24. The company provides cellular phone models, text and numeric paging, data capability, no roaming or landline connection charges, and others. Yodole is The People Friendly Network offering Internet, voice, security, and television (TV) services. The company also provides broadband fiber optic Internet along with absolute cable TV (digital hi-def cable TV). Its subsidiary also includes Frequency Technologies, LLC, which provides and manufactures Beam Ray machines. Frequency Technologies LLC specializes in providing exceptional light and sound frequency solutions through its Beam Ray machines. Its Beam Ray machines are computer-driven audio and light frequency generators that illuminate an argon/neon tube. The company also manufactures and sells medical technology devices in addition to maintaining its telecommunications and internet services.
Read More Tap Resources Inc (TAPP) Chart
Key Statistics of Tap Resources Inc (TAPP)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$0.08Volume
103.25KP/E Ratio (TTM)
-52 Week Range
Market Cap
2.99MAvg. Volume
53.36KDividend Yield
-Financial Metrics & Statements of Tap Resources Inc (TAPP)
FAQ's for Tap Resources Inc (TAPP)
- According to Musaffa’s Shariah screening methodology, Tap Resources Inc (TAPP) is currently classified as HALAL as of April 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 Tap Resources Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Tap Resources 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 Tap Resources 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 Tap Resources 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 Tap Resources Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.