Take-Two Interactive

TTWO stock is questionable

Dikuasakan oleh API Zoya

About Take-Two Interactive (TTWO)

Take-Two Interactive Software, Inc. is a global video game company that develops, publishes, and markets interactive entertainment across various platforms and genres. The company is known for popular franchises such as Grand Theft Auto, Red Dead Redemption, NBA 2K, and BioShock, as well as a wide range of mobile games. Founded in 1993 and headquartered in New York, Take-Two creates products for console gaming systems, personal computers, and mobile devices.

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Is Take-Two Interactive (TTWO) stock halal to invest in?
Yes, TTWO is questionable based on the company’s latest financial reports and therefore considered halal to invest in. Last updated on Aug 27, 2024.
No, TTWO is questionable based on the company’s latest financial reports and therefore not considered halal to invest in. Last updated on Aug 27, 2024.
TTWO is flagged as questionable in terms of Shariah compliance based on the company's latest financial reports. This means that while the company's operations do not definitively violate Islamic guidelines, there are certain aspects of Take-Two Interactive's business that require careful consideration. Last updated on Aug 27, 2024.
Does Take-Two Interactive have any interest income?
Yes, Take-Two Interactive does have interest income. According to the company's latest annual report for the fiscal year ending Mar 31, 2024, Take-Two Interactive reported revenue of 5349600000 and interest income of 65600000. The interest income represents 1.21% of the combined total. It's worth noting that some companies may report additional interest income as part of their revenue. For a detailed breakdown of all interest income and revenue segments, please refer to the full Shariah compliance report available in the Zoya app.
No, Take-Two Interactive has not reported any interest income. According to the company's latest annual report for the fiscal year ending Mar 31, 2024, Take-Two Interactive reported total revenue of 5349600000, with no separate interest income disclosed. However, it's worth noting that some companies may report interest income as part of their revenue. For a detailed breakdown of all interest income and revenue segments, please refer to the full Shariah compliance report available in the Zoya app.
What guidelines are used to determine if Take-Two Interactive stock is Shariah-compliant?
Kami menggunakan garis panduan yang ditetapkan oleh Organisasi Perakaunan dan Pengauditan untuk Institusi Kewangan Islam (AAOIFI) untuk menilai pematuhan Syariah. AAOIFI ialah organisasi antarabangsa terkemuka yang menetapkan piawaian untuk kewangan Islam. Garis panduan mereka membantu menentukan sama ada aktiviti perniagaan dan struktur kewangan syarikat sejajar dengan prinsip Islam. Piawaian ini dihormati secara meluas dalam industri kewangan Islam dan menyediakan rangka kerja yang konsisten untuk menilai pematuhan Syariah saham dan instrumen kewangan lain. Lembaga Syariah AAOIFI termasuk ulama terkenal seperti Sheikh Muhammad Taqi Usmani, Sheikh AbdulSattar Abu Ghuddah, dan Sheikh Abdullah AlManea.
How often is Take-Two Interactive stock reviewed for Shariah compliance?
The Shariah compliance status of Take-Two Interactive stock is reviewed on a regular basis, with a minimum frequency of once per quarter. However, if there are any significant changes or major developments in the company's operations that may impact its compliance, an immediate review will be conducted to ensure ongoing adherence to Shariah principles.
How can I stay updated on Take-Two Interactive's compliance status?
To stay informed, we recommend regularly checking Zoya for updates. You can also enable alerts within the Zoya app to receive notifications whenever there is a change in the Shariah compliance of TTWO, or any other stocks you are monitoring. This is particularly useful as Shariah compliance can fluctuate due to changes in a company's financial ratios or business activities.
Are dividends from Take-Two Interactive stock considered halal?
Yes, dividends from TTWO are considered halal. However, you may need to purify a portion of the dividend if the company has any impermissible revenue. Shariah standards typically allow up to 5% of revenue from impermissible sources for a stock to remain compliant. To find the exact percentage of impermissible revenue for Take-Two Interactive (TTWO), check the Zoya app. For more details on the purification process, read our comprehensive guide.
No, dividends from TTWO are not considered halal because the stock is currently not Shariah-compliant. When a stock is non-compliant, any dividends received from it are considered impermissible income and should be donated to charity as a form of purification. To learn more about the purification process and how to handle impermissible income, read our comprehensive guide.
Do I need to pay Zakat on my Take-Two Interactive shares?
If you hold Take-Two Interactive stock as an investment, through an Employee Stock Ownership Plan (ESOP), stock options, restricted stock units (RSUs), or any other form of stock ownership, and meet the Nisab threshold, you may be required to pay Zakat on it. The calculation of Zakat on stocks can be complex and depends on various factors. To help make this easy, we've created a free Zakat calculation tool. For an even easier experience, use the Zoya mobile app, where you can link your brokerage account to automatically import holdings.

How to buy Take-Two Interactive (TTWO) stock on Zoya

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