Is Binah Capital Group, Inc. (BCGWW) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| DJIM | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| MSCI | 43.2% / 33% | 11.2% / 33% | 16.5% / 33% | 2.74% / 5% | ✗ NOT HALAL |
| S&P | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| FTSE | 43.2% / 33% | 11.2% / 33% | 16.5% / 50% | 2.74% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 17.9% | |
| Operating Margin | 4.3% | |
| Net Margin | 0.6% | |
| Return on Equity (ROE) | 5.9% | |
| Return on Assets (ROA) | 1.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$617,000 |
| Free Cash Flow | -$702,000 |
| Total Debt | $29M |
| Debt-to-Equity | 148.3 |
| Current Ratio | 0.7 |
| Total Assets | $67M |
Price & Trading
| Last Close | $0.10 |
| Beta | 0.3 |
About Binah Capital Group, Inc. (BCGWW)
Binah Capital Group, Inc., together with its subsidiaries, operates in the wealth management industry. The company provides access to stock, bond, exchange-traded fund, and options execution services; and research, compliance, supervision, and accounting and related services for financial advisors. It also offers mutual funds and insurance products, as well as alternative investments, such as non-traded real estate investment trusts, unit trusts, and fixed and variable annuities. The company was founded in 2016 and is headquartered in Albany, New York. Binah Capital Group, Inc. operates as a subsidiary of MHC Securities, LLC.
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Frequently Asked Questions
Is Binah Capital Group, Inc. (BCGWW) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Binah Capital Group, 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 Binah Capital Group, Inc.'s debt ratio?
Binah Capital Group, Inc.'s debt ratio is not available 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 43.2%.
What are Binah Capital Group, Inc.'s key financial metrics?
Binah Capital Group, Inc. has a market capitalization of N/A, and revenue of $164M. The company maintains a gross margin of 17.9% and a net margin of 0.6%. Return on equity stands at 5.9%.
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.