Is Tele Group Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Tele Group Corp (TMLL) is currently classified as NOT 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.

Is Tele Group Corp 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 Tele Group Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Tele Group Corp?

Muslim investors may consider investing in Tele Group Corp 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 Tele Group Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Tele Group Corp 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 Tele Group Corp updated?

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

Can a halal stock like Tele Group Corp 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 Tele Group Corp?

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

TMLL Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 26, 2024

Report Source: 2023 Annual Report

Tele Group Corp. Stock Analysis TMLL

United States Communication Services Micro Cap Report: 2023 Annual

Tele Group Corp. is a software company, which engages in the development of internet properties and applications. The company is headquartered in Plano, Texas. The company went IPO on 2001-07-17. The firm provides services to the portfolio companies across various industries and geographies, including custom software development, mobile app development, Website development and design, data analytics and business intelligence to achieve digital transformation, enhancing competitiveness, and achieving sustained business success. The firm also provides strategic planning, operational optimization, financial management, and access to its network of business partners and resources.

Key Statistics of Tele Group Corp (TMLL)

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

Today's Range

$1.00$1.00

Today's Open

$1.00

Volume

P/E Ratio (TTM)

Market Cap

62.40M

Avg. Volume

Dividend Yield

Financial Metrics & Statements of Tele Group Corp (TMLL)

FAQ's for Tele Group Corp (TMLL)

According to Musaffa’s Shariah screening methodology, Tele Group Corp (TMLL) is currently classified as NOT 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.