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METHODOLOGY

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Our 5-step halal methodology, in 90 seconds.

VXIT Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 29, 2024

Report Source: 2024 3rd Quarter Report

VirExit Technologies Inc

VirExit Technologies Inc. Stock Analysis VXIT

United States N/A Nano Cap Report:
VirExit Technologies, Inc. operates as a renewable energy company, which engages in incubating franchise business concepts designed to affect the individual, community, and local economy in rural and peri-urban areas across the globe. The company is headquartered in Richland, Washington. The company went IPO on 2016-04-28. The firm is focused on enhancing indoor air quality and effective weapons detection and improving the well-being of communities worldwide. The firm offers a Passive Portal, which is a zero-radiation walk-through weapons detector utilizing its patented Passive Scanning Al Technology. The Passive Portal non-invasively detects weapons and contraband by reading subtle changes in the Earth's magnetic field. The company also offers MaxClean 756, which reduces harmful microorganisms in the air and on surfaces by up to 29% in occupied treated spaces, including known viruses, bacteria, fungi, mold, mildew, bad odors and VOCs.
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VirExit Technologies Inc (VXIT) Chart

Key Statistics of VirExit Technologies Inc (VXIT)

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

Today's Range

$0.00$0.00

Today's Open

$0.00

Volume

17.23M

P/E Ratio (TTM)

-

52 Week Range

$0.00$0.00

Market Cap

4.01M

Avg. Volume

9.60M

Dividend Yield

-

Financial Metrics & Statements of VirExit Technologies Inc (VXIT)

FAQ's for VirExit Technologies Inc (VXIT)

  • According to Musaffa’s Shariah screening methodology, VirExit Technologies Inc (VXIT) is currently classified as NOT HALAL as of October 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 VirExit Technologies Inc using these criteria to determine its compliance status.
  • Muslim investors may consider investing in VirExit Technologies 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 VirExit Technologies 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 VirExit Technologies 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 VirExit Technologies 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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