Is ABUNDIA GLOBAL IMPACT GROUP, INC. (AGIG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 6.9% / 30% | 0.6% / 30% | 0.2% / 30% | N/A | ✓ HALAL |
| DJIM | 6.9% / 33% | 0.6% / 33% | 0.2% / 33% | N/A | ✓ HALAL |
| MSCI | 142.4% / 33% | 12.8% / 33% | 5.0% / 33% | N/A | ✗ NOT HALAL |
| S&P | 6.9% / 33% | 0.6% / 33% | 0.2% / 33% | N/A | ✓ HALAL |
| FTSE | 142.4% / 33% | 12.8% / 33% | 5.0% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 46.2% | |
| Operating Margin | -9449.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -347.9% | |
| Return on Assets (ROA) | -94.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$2M |
| Free Cash Flow | -$2M |
| Total Debt | $6M |
| Debt-to-Equity | 54.6 |
| Current Ratio | 0.8 |
| Total Assets | $4M |
Price & Trading
| Last Close | $1.60 |
| 50-Day MA | $2.68 |
| 200-Day MA | $5.82 |
| Avg Volume | 1.2M |
|
52-Week Range
$1.36
| |
About ABUNDIA GLOBAL IMPACT GROUP, INC. (AGIG)
Abundia Global Impact Group Inc., technology solutions company, focuses on converting waste into renewable fuels and chemicals in the United States. The company offers crude pyrolysis oil from waste plastic, recycled diesel, recycled naphtha, recycled waxes and lubricant feedstocks, and bio-fuel products, as well as bio-sustainable aviation fuels. It operates in the recycling and renewable energy, environmental change, fuels, and chemicals sectors. The company is based in Houston, Texas. Abundia Global Impact Group Inc. operates as a subsidiary of Abundia Financial, Llc.
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Frequently Asked Questions
Is ABUNDIA GLOBAL IMPACT GROUP, INC. (AGIG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ABUNDIA GLOBAL IMPACT GROUP, INC. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is ABUNDIA GLOBAL IMPACT GROUP, INC.'s debt ratio?
ABUNDIA GLOBAL IMPACT GROUP, INC.'s debt ratio is 6.9% 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 142.4%.
What are ABUNDIA GLOBAL IMPACT GROUP, INC.'s key financial metrics?
ABUNDIA GLOBAL IMPACT GROUP, INC. has a market capitalization of $65M. Return on equity stands at -347.9%.
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.