Is AlTi Global, Inc. (ALTI) Halal?

NASDAQ Financial Services United States $484M
✗ NOT HALAL
Confidence: 95/100
AlTi Global, Inc. (ALTI) is Not Halal under AAOIFI Standard 21 due to its classification in the Asset Management industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Asset Management ✗ NOT HALAL
DJIM Excluded — Asset Management ✗ NOT HALAL
MSCI Excluded — Asset Management ✗ NOT HALAL
S&P Excluded — Asset Management ✗ NOT HALAL
FTSE Excluded — Asset Management ✗ NOT HALAL

Financial Highlights

EPS
$-2.22
P/B Ratio
1.3
EV/EBITDA
-10.1
EV: $981M
Revenue
$207M
Growth: 10.5%
Beta
0.8
Low volatility
Current Ratio
1.1

Profitability

Gross Margin 19.2%
Operating Margin -47.0%
Net Margin -70.7%
Return on Equity (ROE) -25.5%
Return on Assets (ROA) -5.6%

Cash Flow & Balance Sheet

Operating Cash Flow-$51M
Free Cash Flow-$58M
Total Debt$63M
Debt-to-Equity7.3
Current Ratio1.1
Total Assets$1.3B

Price & Trading

Last Close$3.36
50-Day MA$4.23
200-Day MA$4.16
Avg Volume148K
Beta0.8
52-Week Range
$2.62
$5.45

About AlTi Global, Inc. (ALTI)

CEO
Mr. Michael Glenn Tiedemann
Employees
490
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NASDAQ
Market Cap
$484M
Currency
USD

AlTi Global, Inc. provides wealth and asset management services in the United States, the United Kingdom, and internationally. It operates in two segments, Wealth & Capital Solutions and International Real Estate. The company offers discretionary investment management and non-discretionary investment advisory services. Its trust services include creating or modifying trust instruments and acting as fiduciary. In addition, the company offers family office and administrative services comprising bookkeeping and back office, private foundation management and grant making, oversight of trust administration, financial tracking and reporting, cash flow management and bill pay, and other financial services, as well as clients estate and wealth planning, family governance and education, and philanthropic and strategic services. Further, it provides ancillary fund management services, such as sales and marketing services, which include centralized marketing, strategic positioning, product development, sales planning and execution, investor relations, materials oversight, sales channel, and branding. Additionally, the company offers international real estate services that comprise real estate co-investment and real estate fund management services; and alternatives platform, which assists money managers in building their fund management businesses. The company was formerly known as Alvarium Tiedemann Holdings, Inc. and changed its name to AlTi Global, Inc. in April 2023. The company is based in New York, New York.

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Frequently Asked Questions

Is AlTi Global, Inc. (ALTI) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), AlTi Global, 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 AlTi Global, Inc.'s debt ratio?

AlTi Global, Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are AlTi Global, Inc.'s key financial metrics?

AlTi Global, Inc. has a market capitalization of $484M, and revenue of $207M. The company maintains a gross margin of 19.2% and a net margin of -70.7%. Return on equity stands at -25.5%.

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.