Is Keen Vision Acquisition Corp. (KVAC) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | 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
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$1M |
| Free Cash Flow | -$1M |
| Total Debt | $600,000 |
| Current Ratio | 0.0 |
| Total Assets | $70M |
Price & Trading
| Last Close | $12.00 |
| 50-Day MA | $11.92 |
| 200-Day MA | $11.66 |
| Avg Volume | 18K |
|
52-Week Range
$11.19
| |
About Keen Vision Acquisition Corp. (KVAC)
Keen Vision Acquisition Corporation does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, and related business combination with one or more businesses or entities. It also intends to focus on businesses in the biotechnology, consumer goods, and agriculture sectors. The company was formerly known as Central Acquisition Limited and changed its name to Keen Vision Acquisition Corporation in September 2021. Keen Vision Acquisition Corporation was incorporated in 2021 and is based in Summit, New Jersey.
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Frequently Asked Questions
Is Keen Vision Acquisition Corp. (KVAC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Keen Vision Acquisition 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 Keen Vision Acquisition Corp.'s debt ratio?
Keen Vision Acquisition Corp.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Keen Vision Acquisition Corp.'s key financial metrics?
Keen Vision Acquisition Corp. has a market capitalization of $111M, trailing P/E ratio of 63.2.
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.