Is Global Interactive Technologies, Inc. (GITS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 4.6% / 30% | 0.0% / 30% | 0.0% / 30% | N/A | ✓ HALAL |
| DJIM | 4.6% / 33% | 0.0% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| MSCI | 5.8% / 33% | 0.0% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| S&P | 4.6% / 33% | 0.0% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| FTSE | 5.8% / 33% | 0.0% / 33% | 0.0% / 50% | N/A | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | -29447.3% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -73.1% | |
| Return on Assets (ROA) | -9.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$456,413 |
| Free Cash Flow | -$456,413 |
| Total Debt | $370,043 |
| Debt-to-Equity | 2.2 |
| Current Ratio | 0.2 |
| Total Assets | $6M |
Price & Trading
| Last Close | $2.40 |
| 50-Day MA | $2.56 |
| 200-Day MA | $2.03 |
| Avg Volume | 2.7M |
| Beta | -0.5 |
|
52-Week Range
$0.66
| |
About Global Interactive Technologies, Inc. (GITS)
Global Interactive Technologies, Inc., through its subsidiary, operates as a technology-driven platform company in South Korea. The company operates Faning, an interactive platform designed to facilitate content discovery, monetization, user-generated content, and deep community engagement among global fandom communities; and Koreavibe.net, a digital media property providing original news content and features dedicated to global K-culture fandoms, attracting substantial viewership through its website and social media channels. The company was formerly known as Hanryu Holdings, Inc. and changed its name to Global Interactive Technologies, Inc. in December 2024. Global Interactive Technologies, Inc. was founded in 2018 and is based in Seoul, South Korea.
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Frequently Asked Questions
Is Global Interactive Technologies, Inc. (GITS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Global Interactive Technologies, Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Global Interactive Technologies, Inc.'s debt ratio?
Global Interactive Technologies, Inc.'s debt ratio is 4.6% 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 5.8%.
What are Global Interactive Technologies, Inc.'s key financial metrics?
Global Interactive Technologies, Inc. has a market capitalization of $8M. Return on equity stands at -73.1%.
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.