Is BLACKBERRY Ltd (BB) Halal?
Shariah Screening — 5 Standards
Based on financial data from February 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 11.8% / 30% | 16.6% / 30% | 11.0% / 30% | 0.24% / 5% | ✓ HALAL |
| DJIM | 11.8% / 33% | 16.6% / 33% | 11.0% / 33% | 0.24% / 5% | ✓ HALAL |
| MSCI | 18.4% / 33% | 26.1% / 33% | 17.3% / 33% | 0.24% / 5% | ✓ HALAL |
| S&P | 11.8% / 33% | 16.6% / 33% | 11.0% / 33% | 0.24% / 5% | ✓ HALAL |
| FTSE | 18.4% / 33% | 26.1% / 33% | 17.3% / 50% | 0.24% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 75.0% | |
| Operating Margin | 13.1% | |
| Net Margin | 4.0% | |
| Return on Equity (ROE) | 2.9% | |
| Return on Assets (ROA) | 2.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $16M |
| Free Cash Flow | $6M |
| Total Debt | $239M |
| Debt-to-Equity | 30.8 |
| Current Ratio | 2.1 |
| Total Assets | $1.3B |
Price & Trading
| Last Close | $3.25 |
| 50-Day MA | $3.48 |
| 200-Day MA | $4.01 |
| Avg Volume | 7.0M |
| Beta | 1.3 |
|
52-Week Range
$2.80
| |
About BLACKBERRY Ltd (BB)
BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Secure Communications, QNX, and Licensing. The company offers BlackBerry Dynamics, a development platform and secure container for mobile applications; BlackBerry Workspaces a secure Enterprise File Sync and Share (EFSS) solution; BlackBerry Messenger (BBM) Enterprise, an enterprise-grade secure instant messaging solution for messaging, voice, and video; BlackBerry SecuSUITE, a multi-OS voice and text messaging solution; BlackBerry AtHoc, a secure networked critical event management solution; and BlackBerry unified endpoint management (UEM) solutions. It also provides BlackBerry Certicom, a patented elliptic curve cryptography, which provides device security, anti-counterfeiting, and product authentication solutions; BlackBerry Radar offers monitoring and telematics solutions for transportation and logistics; and BlackBerry IVY, a vehicle data platform that allows automakers to access vehicle's sensor data and apply machine learning at the edge to generate and share predictive insights and inferences. In addition, the company offers enterprise consulting and engineering consulting services. It is also involved in the patent licensing. The company was formerly known as Research In Motion Limited and changed its name to BlackBerry Limited in July 2013. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada.
Purification Calculator
As a halal stock with 0.24% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is BLACKBERRY Ltd (BB) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), BLACKBERRY Ltd 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 BLACKBERRY Ltd's debt ratio?
BLACKBERRY Ltd's debt ratio is 11.8% 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 18.4%.
Does BLACKBERRY Ltd require dividend purification?
Yes, BLACKBERRY Ltd has an impermissible income ratio of 0.24%, which means 0.24% 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 BLACKBERRY Ltd's key financial metrics?
BLACKBERRY Ltd has a market capitalization of $1.9B, trailing P/E ratio of 79.0, and revenue of $535M. The company maintains a gross margin of 75.0% and a net margin of 4.0%. Return on equity stands at 2.9%.
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.