Is AGM GROUP HOLDINGS, INC. (AGMH) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 40.7% / 30% | 579.8% / 30% | 0.65% / 5% | ✗ NOT HALAL |
| DJIM | 0.0% / 33% | 40.7% / 33% | 579.8% / 33% | 0.65% / 5% | ✗ NOT HALAL |
| MSCI | 0.0% / 33% | 1.9% / 33% | 27.1% / 33% | 0.65% / 5% | ✓ HALAL |
| S&P | 0.0% / 33% | 40.7% / 33% | 579.8% / 33% | 0.65% / 5% | ✗ NOT HALAL |
| FTSE | 0.0% / 33% | 1.9% / 33% | 27.1% / 50% | 0.65% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 15.4% | |
| Operating Margin | -1.6% | |
| Net Margin | 31.4% | |
| Return on Equity (ROE) | 95.3% | |
| Return on Assets (ROA) | 18.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $7M |
| Free Cash Flow | $7M |
| Total Debt | $0 |
| Debt-to-Equity | 6.1 |
| Current Ratio | 1.9 |
| Total Assets | $61M |
Price & Trading
| Last Close | $0.94 |
| 50-Day MA | $1.44 |
| 200-Day MA | $2.81 |
| Avg Volume | 150K |
| Beta | 2.4 |
|
52-Week Range
$0.90
| |
About AGM GROUP HOLDINGS, INC. (AGMH)
AGM Group Holdings Inc., a technology company, engages in the sale of cryptocurrency mining machine and standardized computing equipment in China, Hong Kong, and Singapore. It is also involved in the technology hardware research and development, manufacture, as well as assembling and sales of technology hardware. The company was incorporated in 2015 and is based in Wan Chai, Hong Kong.
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Frequently Asked Questions
Is AGM GROUP HOLDINGS, INC. (AGMH) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), AGM GROUP HOLDINGS, 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 AGM GROUP HOLDINGS, INC.'s debt ratio?
AGM GROUP HOLDINGS, INC.'s debt ratio is 0.0% 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 0.0%.
What are AGM GROUP HOLDINGS, INC.'s key financial metrics?
AGM GROUP HOLDINGS, INC. has a market capitalization of $2M, trailing P/E ratio of 0.0, and revenue of $32M. The company maintains a gross margin of 15.4% and a net margin of 31.4%. Return on equity stands at 95.3%.
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.