Is ARB IOT Group Ltd (ARBB) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.7% / 30% | 400.4% / 30% | 337.6% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 1.7% / 33% | 400.4% / 33% | 337.6% / 33% | N/A | ✗ NOT HALAL |
| MSCI | 0.1% / 33% | 12.2% / 33% | 10.3% / 33% | N/A | ✓ HALAL |
| S&P | 1.7% / 33% | 400.4% / 33% | 337.6% / 33% | N/A | ✗ NOT HALAL |
| FTSE | 0.1% / 33% | 12.2% / 33% | 10.3% / 50% | N/A | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | -4.1% | |
| Operating Margin | -15.2% | |
| Net Margin | -36.2% | |
| Return on Equity (ROE) | -31.4% | |
| Return on Assets (ROA) | -12.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $55M |
| Free Cash Flow | $25M |
| Total Debt | $138,899 |
| Debt-to-Equity | 0.0 |
| Current Ratio | 7.6 |
| Total Assets | $273M |
Price & Trading
| Last Close | $4.20 |
| 50-Day MA | $5.16 |
| 200-Day MA | $5.75 |
| Avg Volume | 18K |
| Beta | 1.1 |
|
52-Week Range
$3.92
| |
About ARB IOT Group Ltd (ARBB)
ARB IOT Group Limited, through its subsidiaries, provides Internet of Things (IoT) system solutions, and system integration and support services in Malaysia. It operates through the Internet of Things (IoT), and Investment Holding and Others segments. The company offers IoT smart building and engineering solutions, including design, procurement, installation, testing, commissioning, and sale of various IoT systems, solutions, and devices, as well as integration of automated systems for smart buildings, including installation of wired and wireless, and mechatronic works for property developers and contractors. It also provides IoT smart agriculture and system development services, such as development, supply, installation, commissioning, testing, and sale of smart systems related to the IoT concept and functionality. The company was incorporated in 2022 and is based in Singapore, Singapore.
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Frequently Asked Questions
Is ARB IOT Group Ltd (ARBB) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ARB IOT Group Ltd 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 ARB IOT Group Ltd's debt ratio?
ARB IOT Group Ltd's debt ratio is 1.7% 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 0.1%.
What are ARB IOT Group Ltd's key financial metrics?
ARB IOT Group Ltd has a market capitalization of $8M. The company maintains a gross margin of -4.1% and a net margin of -36.2%. Return on equity stands at -31.4%.
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.