Is Decentral Life Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Decentral Life Inc (WDLF) is currently classified as NOT HALAL as of January 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 Decentral Life 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 Decentral Life Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Decentral Life Inc?

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

Musaffa determines the Shariah status of Decentral Life 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 Decentral Life Inc updated?

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

Can a halal stock like Decentral Life 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 Decentral Life Inc?

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

WDLF Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 04, 2024

Report Source: 2023 3rd Quarter Report

Decentral Life Inc. Stock Analysis WDLF

United States Information Technology Nano Cap Report: Q3, 2023

Decentral Life, Inc. is an artificial intelligence and blockchain powered social network and eCommerce technology company. The company is headquartered in Greenwood Village, Colorado. The company went IPO on 2005-04-25. The firm focuses on the accumulation of crypto assets such as Ethereum and Bitcoin for long-term investment. The firm also provides Software-as-a-Service (SaaS), artificial intelligence (AI) Data-as-a-Service (DaaS), and Blockchain-as-a-Service (BaaS), Energy as a Service (EaaS) to clients in need of its AI, Web3, and Energy solutions. Its business operations include the licensing of services and targeted acquisitions of companies, as well as Real-World Assets (RWAs) that can be tokenized as digital assets, to support the convergence of AI and Blockchain technology. The company provides AI and Web3 solutions for its clients by way of license service agreements and consulting service agreements for equity.

Key Statistics of Decentral Life Inc (WDLF)

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

2.72M

P/E Ratio (TTM)

3.61

52 Week Range

$0.00$0.00

Market Cap

2.62M

Avg. Volume

3.14M

Dividend Yield

Financial Metrics & Statements of Decentral Life Inc (WDLF)

FAQ's for Decentral Life Inc (WDLF)

According to Musaffa’s Shariah screening methodology, Decentral Life Inc (WDLF) is currently classified as NOT HALAL as of January 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.