Is BCHT (BCHT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.5% / 30% | 5.7% / 30% | 3.0% / 30% | 1.69% / 5% | ✓ HALAL |
| DJIM | 0.5% / 33% | 5.7% / 33% | 3.0% / 33% | 1.69% / 5% | ✓ HALAL |
| MSCI | 3.0% / 33% | 33.7% / 33% | 17.8% / 33% | 1.69% / 5% | ✗ NOT HALAL |
| S&P | 0.5% / 33% | 5.7% / 33% | 3.0% / 33% | 1.69% / 5% | ✓ HALAL |
| FTSE | 3.0% / 33% | 33.7% / 33% | 17.8% / 50% | 1.69% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 49.2% | |
| Operating Margin | 11.0% | |
| Net Margin | -19.5% | |
| Return on Equity (ROE) | -978.0% | |
| Return on Assets (ROA) | -10.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$4M |
| Free Cash Flow | -$5M |
| Total Debt | $306,223 |
| Current Ratio | 0.5 |
| Total Assets | $10M |
Price & Trading
| Last Close | $2.05 |
| 50-Day MA | $2.88 |
| 200-Day MA | $3.36 |
| Avg Volume | 104K |
| Beta | 2.1 |
|
52-Week Range
$1.85
| |
About BCHT (BCHT)
Birchtech Corp., an environmental services and technology company, engages in developing and delivering solutions to the power industry in the United States and internationally. It provides mercury capture solutions. Its Sorbent Enhancement Additive (SEA) technology offers total mercury control with solutions based on a thorough scientific understanding of actual and probable interactions involved in mercury capture in coal-fired flue gas. The company is also involved in the extraction and processing of rare earth elements. In addition, it provides water purification solutions that focus on PFAS/PFOS removal from potable water. Birchtech Corp. was formerly known as Midwest Energy Emissions Corp. and changed its name to Birchtech Corp. in October 2024. The company is headquartered in Corsicana, Texas.
Purification Calculator
As a halal stock with 1.69% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is BCHT (BCHT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), BCHT 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 BCHT's debt ratio?
BCHT's debt ratio is 0.5% 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 3.0%.
Does BCHT require dividend purification?
Yes, BCHT has an impermissible income ratio of 1.69%, which means 1.69% 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 BCHT's key financial metrics?
BCHT has a market capitalization of $50M, and revenue of $17M. The company maintains a gross margin of 49.2% and a net margin of -19.5%. Return on equity stands at -978.0%.
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.