Is BGI (BGI) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1045.6% / 30% | 10.8% / 30% | 47.5% / 30% | 2.58% / 5% | ✗ NOT HALAL |
| DJIM | 1045.6% / 33% | 10.8% / 33% | 47.5% / 33% | 2.58% / 5% | ✗ NOT HALAL |
| MSCI | 74.2% / 33% | 0.8% / 33% | 3.4% / 33% | 2.58% / 5% | ✗ NOT HALAL |
| S&P | 1045.6% / 33% | 10.8% / 33% | 47.5% / 33% | 2.58% / 5% | ✗ NOT HALAL |
| FTSE | 74.2% / 33% | 0.8% / 33% | 3.4% / 50% | 2.58% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 37.5% | |
| Operating Margin | -0.2% | |
| Net Margin | -6.4% | |
| Return on Assets (ROA) | -0.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$2M |
| Free Cash Flow | -$9M |
| Total Debt | $145M |
| Current Ratio | 0.9 |
| Total Assets | $196M |
Price & Trading
| Last Close | $0.74 |
| 50-Day MA | $0.81 |
| 200-Day MA | $0.93 |
| Avg Volume | 32K |
| Beta | 0.2 |
|
52-Week Range
$0.56
| |
About BGI (BGI)
Birks Group Inc. designs, develops, manufactures, and retails fine jewelry, timepieces, and gifts in the United States and Canada. The company operates through two segments, Retail and Other. It offers various merchandise, including designer jewelry, diamonds, gemstone and precious metal jewelry, rings, wedding bands, earrings, bracelets, necklaces, precious gemstones, gold jewelry, pearls, and giftware. The company also operates stores under the Maison Birks, Brinkhaus, Breitling, and Graff and Patek Philippe brands. In addition, it engages in the retail and wholesale of fine jewelry collections through Mappin & Webb and Goldsmiths stores, as well as through e-commerce platforms; and e-commerce and wholesale business, and gold exchange activities. The company was formerly known as Birks & Mayors Inc. and changed its name to Birks Group Inc. in September 2013. Birks Group Inc. was founded in 1879 and is headquartered in Montreal, Canada.
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Frequently Asked Questions
Is BGI (BGI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), BGI 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 BGI's debt ratio?
BGI's debt ratio is 1045.6% 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 74.2%.
What are BGI's key financial metrics?
BGI has a market capitalization of $14M, and revenue of $178M. The company maintains a gross margin of 37.5% and a net margin of -6.4%.
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.