Is TrustBIX Inc halal to invest in?

According to Musaffa's Shariah screening methodology, TrustBIX Inc (TBIX.V) is currently classified as NOT HALAL as of July 2025. 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 TrustBIX 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 TrustBIX Inc using these criteria to determine its compliance status.

Can Muslims buy shares of TrustBIX Inc?

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

Musaffa determines the Shariah status of TrustBIX 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 TrustBIX Inc updated?

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

Can a halal stock like TrustBIX 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 TrustBIX Inc?

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

TBIX.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 16, 2025

Report Source: 2025 2nd Quarter Report

TrustBIX Inc. Stock Analysis TBIX.V

Canada Information Technology Nano Cap Report: Q2, 2025

TrustBIX, Inc. is a technology and services company, which provides chain of custody and strategic sourcing solutions in the agri food industry. The company is headquartered in Edmonton, Alberta. The company went IPO on 2019-04-29. The firm offers a range of services, including auditing and certification, chain of custody, sustainability reporting, and incentive programs to help the customers enhance their operations and meet the demand in the agri-food industry. Its segments include: ViewTrak Technologies Inc., the development and sale of information solutions for the livestock industry and related services; Business InfoXchange System(BIX), which leverages blockchain-derived technology and incentive solutions to deliver independent validation of food provenance and sustainable production practices within the agri-food supply chain; and Alberta Food Security Inc., which holds the Alberta territory license for a Controlled Environment Agriculture vertical indoor solution. ViewTrak technologies include Auction Master Pro and Electronic Pork Grader.

Key Statistics of TrustBIX Inc (TBIX.V)

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

Today's Range

CAD0.01CAD0.01

Today's Open

CAD0.01

Volume

20.09K

P/E Ratio (TTM)

52 Week Range

CAD0.01CAD0.04

Market Cap

1.98M

Avg. Volume

54.46K

Dividend Yield

Financial Metrics & Statements of TrustBIX Inc (TBIX.V)

FAQ's for TrustBIX Inc (TBIX.V)

According to Musaffa’s Shariah screening methodology, TrustBIX Inc (TBIX.V) is currently classified as NOT HALAL as of July 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.