What Shariah screening methodology does HalalStockGuide use?

We apply all 5 major Shariah screening standards: AAOIFI Standard 21, Dow Jones Islamic Market Index (DJIM), MSCI Islamic, S&P Shariah, and FTSE Shariah. Each standard has different thresholds for debt, cash, receivables, and impermissible income ratios.

Is EQV Ventures Acquisition Corp. II (EVAC) Halal?

Q: Is EQV Ventures Acquisition Corp. II (EVAC) halal to invest in?

EQV Ventures Acquisition Corp. II is Not Halal under AAOIFI Standard 21. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

Q: What are EQV Ventures Acquisition Corp. II's key financial metrics?

EQV Ventures Acquisition Corp. II has no P/E data available. Market cap: $594M.

NYSE Financial Services United States $594M

✗ NOT HALAL

Confidence: 95/100

EQV Ventures Acquisition Corp. II (EVAC) is Not Halal under AAOIFI Standard 21 due to its classification in the Shell Companies 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	Status
AAOIFI	Excluded — Shell Companies	✗ NOT HALAL
DJIM	Excluded — Shell Companies	✗ NOT HALAL
MSCI	Excluded — Shell Companies	✗ NOT HALAL
S&P	Excluded — Shell Companies	✗ NOT HALAL
FTSE	Excluded — Shell Companies	✗ NOT HALAL

Financial Highlights

P/B Ratio

-36.9

Profitability

Gross Margin	0.0%
Operating Margin	0.0%
Net Margin	0.0%

Cash Flow & Balance Sheet

Total Assets

$362,828

Price & Trading

Last Close	$10.07
50-Day MA	$10.09
200-Day MA	$10.02
Avg Volume	152K
52-Week Range $9.90 $10.17

About EQV Ventures Acquisition Corp. II (EVAC)

CEO

Mr. Jerome Silvey

Sector

Financial Services

Industry

Shell Companies

Country

United States

Exchange

NYSE

Market Cap

$594M

Currency

USD

EQV Ventures Acquisition Corp. II focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on the energy industry targeting upstream exploration and production sector. The company was founded in 2024 and is based in Park City, Utah.

Related Halal Stocks in Financial Services

Frequently Asked Questions

Is EQV Ventures Acquisition Corp. II (EVAC) halal to invest in?

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

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

What are EQV Ventures Acquisition Corp. II's key financial metrics?

EQV Ventures Acquisition Corp. II has a market capitalization of $594M.

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.