Advasa Holdings, Inc. (ADBT) - Questionable
Advasa Holdings, Inc. (ADBT) is classified as Questionable according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Technology
- Industry
- Software - Application
- Result
- Pass
- Reason
- The sector "Technology" and industry "Software - Application" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: N/A | Threshold: 30% | Result: Warning
- Cash & Interest-bearing Securities Ratio
- Value: N/A | Threshold: 30% | Result: Warning
- Non-Permissible Income Ratio
- Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.00%.No non-permissible income detected in the financial statements, so this calculation finds nothing to purify based on available data.
About Advasa Holdings, Inc.
Advasa Holdings, Inc., a financial technology and services company, provides a suite of financial services and solutions in Japan. Its core product, the FUKUPE platform, is a patented Earned Wage Access (EWA) solution that provides employees with real-time access to earned wages through cashless receipts and settlements that integrate with wallets, cards, and bank accounts. Its patented system consists in gathering, using, and managing necessary employee and employer-related data to ensure access to on-demand payroll for employees, while integrating with the HR and payroll systems that employers already have in place. The company license its EWA technology portfolio and offer original equipment manufacturer services. Advasa Holdings, Inc. was founded in 2017 and is headquartered in Minato, Japan.
Frequently Asked Questions
Is Advasa Holdings, Inc. (ADBT) stock halal to invest in?
According to AAOIFI Shariah screening standards, Advasa Holdings, Inc. (ADBT) is currently classified as Questionable. This is based on both business activity and financial ratio screening.
Does Advasa Holdings, Inc. have any interest income?
Identified interest income is 0.0% of Advasa Holdings, Inc.'s total income. AAOIFI standards require non-permissible income to be below 5%.


