Is ASURE SOFTWARE INC (ASUR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 6.6% / 30% | 8.0% / 30% | 6.8% / 30% | 0.76% / 5% | ✓ HALAL |
| DJIM | 6.6% / 33% | 8.0% / 33% | 6.8% / 33% | 0.76% / 5% | ✓ HALAL |
| MSCI | 4.1% / 33% | 4.9% / 33% | 4.2% / 33% | 0.76% / 5% | ✓ HALAL |
| S&P | 6.6% / 33% | 8.0% / 33% | 6.8% / 33% | 0.76% / 5% | ✓ HALAL |
| FTSE | 4.1% / 33% | 4.9% / 33% | 4.2% / 50% | 0.76% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 67.5% | |
| Operating Margin | 4.5% | |
| Net Margin | -9.3% | |
| Return on Equity (ROE) | -6.6% | |
| Return on Assets (ROA) | -1.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $22M |
| Free Cash Flow | -$8M |
| Total Debt | $75M |
| Debt-to-Equity | 37.8 |
| Current Ratio | 1.1 |
| Total Assets | $531M |
Price & Trading
| Last Close | $7.95 |
| 50-Day MA | $8.73 |
| 200-Day MA | $8.78 |
| Avg Volume | 118K |
| Beta | 0.5 |
|
52-Week Range
$6.80
| |
About ASURE SOFTWARE INC (ASUR)
Asure Software, Inc. engages in the provision of cloud-based Human Capital Management (HCM) software solutions in the United States. It provides its human resources (HR) tool as Software-as-a-Service that helps various small and medium-sized businesses to build a productive workforce to help them stay compliant and allocate resources to grow their business. The company offers a comprehensive suite of HCM tools through its Asure HCM platform, which includes payroll and tax filing, HR management tools, time and attendance software, recruiting, and benefits administration. It provides technology-enabled services such as AsureMarketplace, facilitating automated data exchange with third-party providers; HR compliance services; AsurePay, a payroll card solution; and insurance brokerage services for benefits management. The company also offers payroll processing and compliance; offers payroll calculation and processing services, including wage and overtime calculations, garnishments, direct deposit processing, and related payroll administration; HR compliance and workforce management; time and attendance solutions; applicant tracking and recruiting tools; insurance brokerage and benefits administration, retirement plan administration; tax management solutions; payroll tax processing platforms; outsourced payroll tax services; and treasury and funds management services. The company delivers its products directly and through a national network of reseller partners and referral partners. Asure Software, Inc. was formerly known as Forgent Networks Inc. and changed its name to Asure Software, Inc. in September 2007. Asure Software, Inc. was incorporated in 1985 and is headquartered in Austin, Texas.
Purification Calculator
As a halal stock with 0.76% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is ASURE SOFTWARE INC (ASUR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ASURE SOFTWARE 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 ASURE SOFTWARE INC's debt ratio?
ASURE SOFTWARE INC's debt ratio is 6.6% 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 4.1%.
Does ASURE SOFTWARE INC require dividend purification?
Yes, ASURE SOFTWARE INC has an impermissible income ratio of 0.76%, which means 0.76% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are ASURE SOFTWARE INC's key financial metrics?
ASURE SOFTWARE INC has a market capitalization of $224M, and revenue of $141M. The company maintains a gross margin of 67.5% and a net margin of -9.3%. Return on equity stands at -6.6%.
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.