Is AlphaTON Capital Corp (ATON) Halal?

NASDAQ Financial Services British Virgin Islands $7M
✗ NOT HALAL
Confidence: 95/100
AlphaTON Capital Corp (ATON) is Not Halal under AAOIFI Standard 21 due to its classification in the Asset Management industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from March 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Asset Management ✗ NOT HALAL
DJIM Excluded — Asset Management ✗ NOT HALAL
MSCI Excluded — Asset Management ✗ NOT HALAL
S&P Excluded — Asset Management ✗ NOT HALAL
FTSE Excluded — Asset Management ✗ NOT HALAL

Financial Highlights

EPS
$-8.01
P/B Ratio
0.2
EV/EBITDA
0.1
EV: -$1M
Revenue
$0
Beta
0.4
Low volatility
Current Ratio
0.9

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -311.0%
Return on Assets (ROA) -34.3%

Cash Flow & Balance Sheet

Operating Cash Flow-$5M
Free Cash Flow-$5M
Total Debt$0
Current Ratio0.9
Total Assets$2M

Price & Trading

Last Close$0.32
50-Day MA$0.49
200-Day MA$3.81
Avg Volume6.1M
Beta0.4
52-Week Range
$0.28
$15.82

About AlphaTON Capital Corp (ATON)

CEO
Ms. Brittany Kaiser
Employees
3
Sector
Financial Services
Industry
Asset Management
Country
British Virgin Islands
Exchange
NASDAQ
Market Cap
$7M
Currency
USD

AlphaTON Capital Corp. operates as a digital asset treasury company. It focuses on building and managing a strategic reserve of The Open Network (TON) tokens and developing the Telegram ecosystem. The company provides public market investors with institutional-grade exposure to the TON ecosystem and Telegram's billion user platform. Its activities cover network validation and staking operations, and development of Telegram-based applications, as well as strategic investments in TON-based decentralized finance protocols, gaming platforms, and business applications. The company is also advancing various therapies that target known checkpoint resistance pathways to achieve durable treatment response and improve quality of life for patients. The company was formerly known as Portage Biotech Inc. and changed its name to AlphaTON Capital Corp. in September 2025. AlphaTON Capital Corp. is based in Road Town, British Virgin Islands.

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Frequently Asked Questions

Is AlphaTON Capital Corp (ATON) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), AlphaTON Capital Corp is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is AlphaTON Capital Corp's debt ratio?

AlphaTON Capital Corp's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are AlphaTON Capital Corp's key financial metrics?

AlphaTON Capital Corp has a market capitalization of $7M. Return on equity stands at -311.0%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.