YY Shariah Compliance
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JOYY Inc. Stock Analysis YY
JOYY, Inc. engages in managing a communication social platform, which enables users to join real-time online group activities through voice, text, and video. The company employs 7,449 full-time employees The company went IPO on 2012-11-21. The firm operates several social products, including Bigo Live for live streaming, Likee for short-form videos, Hago for multiplayer social networking, an instant messaging product, and others. The firm operates through two segments: BIGO and All other. The BIGO segment primarily consists of several social entertainment platforms, including Bigo Live, Likee, imo, and others. The All other segment primarily consist of Hago, Shopline, and certain audio live streaming platforms. Bigo Live enables its users to share their life moments, showcase their talents, socialize, and connect with other users. Likee enables users to easily discover, create and share short-form videos, with all-in-one video creation tools, such as filters and special effects, and AI-backed personalized feed. Hago provides casual games, integrating social features, such as audio and video multiuser chatrooms and 3D virtual interactive party games.
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Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.