Zoomd Technologies Ltd. (ZMDTF) - Halal (Shariah-Compliant)
Zoomd Technologies Ltd. (ZMDTF) is classified as Halal (Shariah-Compliant) 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
- Communication Services
- Industry
- Internet Content & Information
- Result
- Pass
- Reason
- The sector "Communication Services" and industry "Internet Content & Information" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 1.7% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 25.5% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.3% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.34%.Based on the company's financial statements, approximately 0.34% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.34% of total income). Some scholars may differ on the exact calculation method.
About Zoomd Technologies Ltd.
Zoomd Technologies Ltd. operates as a marketing technology user-acquisition and engagement platform worldwide. The company operates a mobile app user-acquisition platform that integrates with various digital media outlets. Its platform presents a unified view of various media sources to serve as a comprehensive user acquisition control center for advertisers and streamlines campaign management through a single point of contact. The company has a strategic collaboration with Sharp Alpha to expand user acquisition growth opportunities. Zoomd Technologies Ltd. was founded in 2012 and is based in Toronto, Canada.
Frequently Asked Questions
Is Zoomd Technologies Ltd. (ZMDTF) stock halal to invest in?
According to AAOIFI Shariah screening standards, Zoomd Technologies Ltd. (ZMDTF) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Does Zoomd Technologies Ltd. have any interest income?
Zoomd Technologies Ltd.'s interest income ratio is 25.5% of total revenue. AAOIFI standards require this to be below 30%.

