FormFactor, Inc.

FORM stock is Shariah-compliant

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About FormFactor, Inc. (FORM)

FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions. It operates in two segments, Probe Cards and Systems, offering products for testing various semiconductor devices and providing related services. The company markets and sells its products globally through direct sales force, representatives, and distributors.

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Is FormFactor, Inc. (FORM) stock halal to invest in?
Yes, FORM is Shariah-compliant based on the company’s latest financial reports and therefore considered halal to invest in. Last updated on Aug 27, 2024.
No, FORM is Shariah-compliant based on the company’s latest financial reports and therefore not considered halal to invest in. Last updated on Aug 27, 2024.
FORM is flagged as Shariah-compliant 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 FormFactor, Inc.'s business that require careful consideration. Last updated on Aug 27, 2024.
Does FormFactor, Inc. have any interest income?
Yes, FormFactor, Inc. does have interest income. According to the company's latest annual report for the fiscal year ending Dec 30, 2023, FormFactor, Inc. reported revenue of 663102000 and interest income of 7217000. The interest income represents 1.08% 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, FormFactor, Inc. has not reported any interest income. According to the company's latest annual report for the fiscal year ending Dec 30, 2023, FormFactor, Inc. reported total revenue of 663102000, 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 FormFactor, Inc. stock is Shariah-compliant?
İslami Finansal Kurumlar için Muhasebe ve Denetim Organizasyonu tarafından belirlenen yönergeleri kullanıyoruz (AAOIFI) tarafından şeriata uygunluğu değerlendirmek üzere kurulmuştur. AAOIFI, Şeriat'a uygunluk değerlendirmesi yapan önde gelen uluslararası bir kuruluştur. İslami finans için standartlar. Kılavuz ilkeleri, bir şirketin ticari faaliyetlerinin ve finansal yapı İslami ilkelerle uyumludur. Bu standartlar, İslami finans sektöründe geniş çapta saygı görmektedir. ve hisse senetlerinin Şeriata uygunluğunu değerlendirmek için tutarlı bir çerçeve sağlar. diğer finansal araçlar. AAOIFI'nin Şeriat kurulunda Şeyh Muhammed gibi tanınmış akademisyenler yer almaktadır. Taqi Usmani, Şeyh AbdulSattar Abu Ghuddah ve Şeyh Abdullah AlManea.
How often is FormFactor, Inc. stock reviewed for Shariah compliance?
The Shariah compliance status of FormFactor, Inc. 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 FormFactor, Inc.'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 FORM, 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 FormFactor, Inc. stock considered halal?
Yes, dividends from FORM 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 FormFactor, Inc. (FORM), check the Zoya app. For more details on the purification process, read our comprehensive guide.
No, dividends from FORM 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 FormFactor, Inc. shares?
If you hold FormFactor, Inc. 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 FormFactor, Inc. (FORM) stock on Zoya

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