Is Paranovus Entertainment Technology Ltd. (PAVS) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 54.4% / 30% | 116.0% / 30% | 0.0% / 30% | 0.22% / 5% | ✗ NOT HALAL |
| DJIM | 54.4% / 33% | 116.0% / 33% | 0.0% / 33% | 0.22% / 5% | ✗ NOT HALAL |
| MSCI | 6.6% / 33% | 14.1% / 33% | 0.0% / 33% | 0.22% / 5% | ✓ HALAL |
| S&P | 54.4% / 33% | 116.0% / 33% | 0.0% / 33% | 0.22% / 5% | ✗ NOT HALAL |
| FTSE | 6.6% / 33% | 14.1% / 33% | 0.0% / 50% | 0.22% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 20.0% | |
| Operating Margin | -5.1% | |
| Net Margin | -54.8% | |
| Return on Equity (ROE) | -21.5% | |
| Return on Assets (ROA) | -3.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$3M |
| Free Cash Flow | -$3M |
| Total Debt | $2M |
| Debt-to-Equity | 10.8 |
| Current Ratio | 1.1 |
| Total Assets | $36M |
Price & Trading
| Last Close | $0.25 |
| 50-Day MA | $1.22 |
| 200-Day MA | $48.36 |
| Avg Volume | 2.5M |
| Beta | -0.5 |
|
52-Week Range
$0.19
| |
About Paranovus Entertainment Technology Ltd. (PAVS)
Paranovus Entertainment Technology Ltd. operates in the artificial intelligence (AI)-powered entertainment industry. The company focuses on providing AI-driven games and applications. The company was formerly known as Happiness Development Group Limited and changed its name to Paranovus Entertainment Technology Ltd. in March 2023. Paranovus Entertainment Technology Ltd. was founded in 2004 and is based in New York, New York.
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Frequently Asked Questions
Is Paranovus Entertainment Technology Ltd. (PAVS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Paranovus Entertainment Technology Ltd. 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 Paranovus Entertainment Technology Ltd.'s debt ratio?
Paranovus Entertainment Technology Ltd.'s debt ratio is 54.4% 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 6.6%.
What are Paranovus Entertainment Technology Ltd.'s key financial metrics?
Paranovus Entertainment Technology Ltd. has a market capitalization of $725,543, and revenue of $71,542. The company maintains a gross margin of 20.0% and a net margin of -54.8%. Return on equity stands at -21.5%.
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.