Is Vivic Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Vivic Corp (VIVC) is currently classified as NOT HALAL as of January 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 Vivic 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 Vivic Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Vivic Corp?

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

Musaffa determines the Shariah status of Vivic 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 Vivic Corp updated?

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

Can a halal stock like Vivic 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 Vivic Corp?

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

VIVC Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 17, 2025

Report Source: 2025 1st Quarter Report

Vivic Corp. Stock Analysis VIVC

United States Consumer Discretionary Nano Cap Report: Q1, 2025

Vivic Corp. operates as a holding company, which engages in the design, production, operation, sale, and services of yachts. The company is headquartered in Las Vegas, Nevada and currently employs 14 full-time employees. The company went IPO on 2018-07-03. The firm is engaged in the design, construction, on an outsourced basis, and distribution of power boats, charter boats and eco-friendly new energy boats. The company designs and offers various yacht models which differ in their sizes, performance, and functions. The company has its own brand name, VIVIC. Its yachts are manufactured by third parties selected by the Company. The firm is the exclusive distributor of Monte Fino yachts in the People’s Republic of China, the Philippines and the Middle East. The company markets its yachts by participating in boat shows, through a channel of agents and operators in various regions. The company includes a V55 Luxury Catamaran Yacht, EV2, MF C45 Motor Yacht and others. The V55 yacht is a sophisticated and powerful vessel with an overall length of approximately 17.36 meters, a maximum beam of over 7.4 meters, a draft of over 0.9 meters and a displacement of over 25 tons.

Key Statistics of Vivic Corp (VIVC)

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

Today's Range

$0.03$0.03

Today's Open

$0.03

Volume

10.00K

P/E Ratio (TTM)

52 Week Range

$0.03$0.45

Market Cap

1.66M

Avg. Volume

8448.60

Dividend Yield

Financial Metrics & Statements of Vivic Corp (VIVC)

FAQ's for Vivic Corp (VIVC)

According to Musaffa’s Shariah screening methodology, Vivic Corp (VIVC) is currently classified as NOT HALAL as of January 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.