Is Agora, Inc. (API) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 12.7% / 30% | 68.5% / 30% | 12.8% / 30% | 12.71% / 5% | ✗ NOT HALAL |
| DJIM | 12.7% / 33% | 68.5% / 33% | 12.8% / 33% | 12.71% / 5% | ✗ NOT HALAL |
| MSCI | 7.2% / 33% | 38.5% / 33% | 7.2% / 33% | 12.71% / 5% | ✗ NOT HALAL |
| S&P | 12.7% / 33% | 68.5% / 33% | 12.8% / 33% | 12.71% / 5% | ✗ NOT HALAL |
| FTSE | 7.2% / 33% | 38.5% / 33% | 7.2% / 50% | 12.71% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 66.4% | |
| Operating Margin | -2.6% | |
| Net Margin | 6.8% | |
| Return on Equity (ROE) | 1.7% | |
| Return on Assets (ROA) | -0.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$14M |
| Free Cash Flow | -$49M |
| Total Debt | $50M |
| Debt-to-Equity | 14.6 |
| Current Ratio | 4.6 |
| Total Assets | $700M |
Price & Trading
| Last Close | $3.45 |
| 50-Day MA | $4.26 |
| 200-Day MA | $3.88 |
| Avg Volume | 448K |
| Beta | 0.7 |
|
52-Week Range
$2.52
| |
About Agora, Inc. (API)
Agora, Inc., through its subsidiaries, engages in the operation of a real-time engagement platform-as-a-service in the United States, the People's Republic of China, and internationally. Its cloud platform enables real-time engagement for concurrent end users which offers developers products, such as video calling, voice calling, interactive live streaming, broadcast streaming, chat, signaling, interactive whiteboard, conversational AI engine and conversational AI toolkit for IoT devices, and others. The company also provides extensions, including analytics, recording, AI noise suppression, 3D spatial audio technology, real-time transcription, and extensions marketplace for solutions and services. In addition, it offers application platforms comprising flexible classroom, a low-code application platform as a service for education providers; and app builder, a no-code application platform. The company operates through Agora and Shengwang brands. Agora, Inc. was incorporated in 2013 and is headquartered in Santa Clara, California.
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Frequently Asked Questions
Is Agora, Inc. (API) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Agora, 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 Agora, Inc.'s debt ratio?
Agora, Inc.'s debt ratio is 12.7% 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 7.2%.
What are Agora, Inc.'s key financial metrics?
Agora, Inc. has a market capitalization of $306M, trailing P/E ratio of 8.5. The company maintains a gross margin of 66.4% and a net margin of 6.8%. Return on equity stands at 1.7%.
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.