Is Alset Inc. (AEI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 4.9% / 30% | 80.6% / 30% | 16.2% / 30% | 3.16% / 5% | ✗ NOT HALAL |
| DJIM | 4.9% / 33% | 80.6% / 33% | 16.2% / 33% | 3.16% / 5% | ✗ NOT HALAL |
| MSCI | 3.1% / 33% | 50.2% / 33% | 10.1% / 33% | 3.16% / 5% | ✗ NOT HALAL |
| S&P | 4.9% / 33% | 80.6% / 33% | 16.2% / 33% | 3.16% / 5% | ✗ NOT HALAL |
| FTSE | 3.1% / 33% | 50.2% / 33% | 10.1% / 50% | 3.16% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 44.5% | |
| Operating Margin | -201.0% | |
| Net Margin | -105.0% | |
| Return on Equity (ROE) | -10.5% | |
| Return on Assets (ROA) | -2.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $5M |
| Free Cash Flow | $5M |
| Total Debt | $3M |
| Debt-to-Equity | 1.5 |
| Current Ratio | 10.6 |
| Total Assets | $97M |
Price & Trading
| Last Close | $1.81 |
| 50-Day MA | $2.35 |
| 200-Day MA | $2.21 |
| Avg Volume | 31K |
| Beta | 1.4 |
|
52-Week Range
$0.70
| |
About Alset Inc. (AEI)
Alset Inc. engages in real estate development business in the United States, Singapore, Hong Kong, Australia, South Korea, and the People's Republic of China. It operates through Real Estate, Digital Transformation Technology, Biohealth, and Other Business Activities segments. The Real Estate segment develops property projects and participates in third-party property development projects; and owns, operates, and manages real estate development projects, including land subdivision developments and house rental projects. The Digital Transformation Technology segment provides support, implementation, and development services with various technologies, including blockchain, e-commerce, social media, artificial intelligent customer service applications, and metaverse services. Its technology platform focuses on business-to-business solutions, such as communications and workflow through instant messaging systems, social media, e-commerce and payment systems, direct marketing platforms, e-real estate, brand protection, and counterfeit and fraud detection; and mobile application product development and other businesses, including information technology services to end-users, service providers, and other commercial users through multiple platforms. The Biohealth segment engages in developing, researching, testing, manufacturing, licensing, and distributing biohealth products and services through retail, direct selling, network marketing, and e-commerce. The Other Business Activities segment provides corporate strategy and business development, food and beverage, asset management, corporate restructuring, and leveraged buy-out services; and operates cafes and restaurants, and a portfolio of trading securities. It engages in consumer products business and financial services. The company was formerly known as Alset EHome International Inc. and changed its name to Alset Inc. in October 2022. The company was incorporated in 2018 and is headquartered in Bethesda, Maryland.
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Frequently Asked Questions
Is Alset Inc. (AEI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Alset Inc. 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 Alset Inc.'s debt ratio?
Alset Inc.'s debt ratio is 4.9% 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 3.1%.
What are Alset Inc.'s key financial metrics?
Alset Inc. has a market capitalization of $69M, and revenue of $21M. The company maintains a gross margin of 44.5% and a net margin of -105.0%. Return on equity stands at -10.5%.
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.