Is AVAX ONE TECHNOLOGY LTD. (AVX) Halal?

NASDAQ Financial Services Canada $51M
✗ NOT HALAL
Confidence: 95/100
AVAX ONE TECHNOLOGY LTD. (AVX) 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 December 2024

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
$-47.19
P/B Ratio
0.2
EV/EBITDA
-8.6
EV: $53M
Revenue
$67,887
Beta
-0.1
Low volatility
Current Ratio
0.7

Profitability

Gross Margin 5.5%
Operating Margin -444.5%
Net Margin 0.0%
Return on Equity (ROE) -196.2%
Return on Assets (ROA) -34.0%

Cash Flow & Balance Sheet

Operating Cash Flow-$5M
Free Cash Flow-$7M
Total Debt$1M
Debt-to-Equity13.9
Current Ratio0.7
Total Assets$11M

Price & Trading

Last Close$0.61
50-Day MA$0.86
200-Day MA$2.97
Avg Volume764K
Beta-0.1
52-Week Range
$0.55
$22.50

About AVAX ONE TECHNOLOGY LTD. (AVX)

CEO
Ms. Jolie G. Kahn CPA, Esq.
Employees
3
Sector
Financial Services
Industry
Asset Management
Country
Canada
Exchange
NASDAQ
Market Cap
$51M
Currency
USD

AVAX One Technology Ltd. operates as an Avalanche Treasury company and develops and provides investors regulated access to Layer 1 blockchain ecosystems. The company also develops and commercializes plant-based ingredients and products that deliver healthier and nutritious solutions. Additionally, it offers controlled environment agriculture equipment; provides management advisory services; holds intellectual property; engages in the real estate holding and development business; and manufactures hydroxyl devices and food products. The company was formerly known as AgriFORCE Growing Systems Ltd. and changed its name to Avax One Technology Ltd. in November 2025. Avax One Technology Ltd. was incorporated in 2017 and is headquartered in Vancouver, Canada.

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Frequently Asked Questions

Is AVAX ONE TECHNOLOGY LTD. (AVX) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), AVAX ONE TECHNOLOGY LTD. 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 AVAX ONE TECHNOLOGY LTD.'s debt ratio?

AVAX ONE TECHNOLOGY LTD.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are AVAX ONE TECHNOLOGY LTD.'s key financial metrics?

AVAX ONE TECHNOLOGY LTD. has a market capitalization of $51M, and revenue of $67,887. Return on equity stands at -196.2%.

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.