Is Crona Corp. (CCCP) Halal?

NYSE Communication Services United States $708,760
✗ NOT HALAL
Confidence: 67/100
Crona Corp. (CCCP) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 32.8% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Crona Corp. operates in the Communication Services sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 32.8%
/ 30%
0.0%
/ 30%
0.0%
/ 30%
N/A ✗ NOT HALAL
DJIM 32.8%
/ 33%
0.0%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
MSCI 595.0%
/ 33%
0.0%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
S&P 32.8%
/ 33%
0.0%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
FTSE 595.0%
/ 33%
0.0%
/ 33%
0.0%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

EPS
$-0.01
P/B Ratio
-2.7
Revenue
$0
Beta
3.0
High volatility

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Assets (ROA) -273.8%

Cash Flow & Balance Sheet

Operating Cash Flow-$20,140
Free Cash Flow-$20,140
Total Debt$232,500
Total Assets$39,076

Price & Trading

Last Close$0.10
50-Day MA$0.10
200-Day MA$0.08
Avg Volume0
Beta3.0
52-Week Range
$0.03
$0.16

About Crona Corp. (CCCP)

CEO
Mr. Cheung Lam Hung
Sector
Communication Services
Industry
Entertainment
Country
United States
Exchange
NYSE
Market Cap
$708,760
Currency
USD

Crona Corp. engages in the memorialization business in the United States. The company provides various funeral products, including metal and wooden funeral caskets for funeral homes, funeral suppliers, and casket distributors. It serves customers in the cemetery and funeral industries. The company was incorporated in 2016 and is based in Las Vegas, Nevada.

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Frequently Asked Questions

Is Crona Corp. (CCCP) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Crona 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 Crona Corp.'s debt ratio?

Crona Corp.'s debt ratio is 32.8% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 595.0%.

What are Crona Corp.'s key financial metrics?

Crona Corp. has a market capitalization of $708,760.

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.