Is Gores Holdings X, Inc. / CI (GTEN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 0.0% / 30% | 0.0% / 30% | N/A | ✓ HALAL |
| DJIM | 0.0% / 33% | 0.0% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| MSCI | 14.6% / 33% | 0.2% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| S&P | 0.0% / 33% | 0.0% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| FTSE | 14.6% / 33% | 0.2% / 33% | 0.0% / 50% | N/A | ✓ HALAL |
Financial Highlights
Cash Flow & Balance Sheet
| Operating Cash Flow | -$52,901 |
| Free Cash Flow | -$52,901 |
| Total Debt | $172,901 |
| Total Assets | $1M |
Price & Trading
| Last Close | $10.23 |
| 50-Day MA | $10.30 |
| 200-Day MA | $10.28 |
| Avg Volume | 40K |
|
52-Week Range
$10.12
| |
About Gores Holdings X, Inc. / CI (GTEN)
Frequently Asked Questions
Is Gores Holdings X, Inc. / CI (GTEN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Gores Holdings X, Inc. / CI 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 Gores Holdings X, Inc. / CI's debt ratio?
Gores Holdings X, Inc. / CI's debt ratio is 0.0% 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 14.6%.
What are Gores Holdings X, Inc. / CI's key financial metrics?
Gores Holdings X, Inc. / CI has a market capitalization of $461M.
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.