Is Blink Charging Co. (BLNK) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 11.5% / 30% | 59.1% / 30% | 46.1% / 30% | 101.96% / 5% | ✗ NOT HALAL |
| DJIM | 11.5% / 33% | 59.1% / 33% | 46.1% / 33% | 101.96% / 5% | ✗ NOT HALAL |
| MSCI | 4.9% / 33% | 25.4% / 33% | 19.8% / 33% | 101.96% / 5% | ✗ NOT HALAL |
| S&P | 11.5% / 33% | 59.1% / 33% | 46.1% / 33% | 101.96% / 5% | ✗ NOT HALAL |
| FTSE | 4.9% / 33% | 25.4% / 33% | 19.8% / 50% | 101.96% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 30.2% | |
| Operating Margin | -46.4% | |
| Net Margin | -118.4% | |
| Return on Equity (ROE) | -88.5% | |
| Return on Assets (ROA) | -18.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$47M |
| Free Cash Flow | -$56M |
| Total Debt | $11M |
| Debt-to-Equity | 11.1 |
| Current Ratio | 1.6 |
| Total Assets | $218M |
Price & Trading
| Last Close | $0.61 |
| 50-Day MA | $0.69 |
| 200-Day MA | $1.09 |
| Avg Volume | 2.7M |
| Beta | 1.8 |
|
52-Week Range
$0.54
| |
About Blink Charging Co. (BLNK)
Blink Charging Co., through its subsidiaries, owns, operates, manufactures, and provides electric vehicle (EV) charging equipment and networked EV charging services in the United States and internationally. It offers residential and commercial EV charging equipment that enable EV drivers to recharge at various location types. The company also provides Blink Network, a cloud-based system that operates, maintains, and manages various Blink charging stations and associated charging data, back-end operations, and payment processing, as well as offers fleets, property owners, managers, parking companies, and state and municipal entities with cloud-based services that enable the remote monitoring and management of EV charging stations; and EV drivers with station information, including station location, availability, and applicable fees. Further, it offers EV charging hardware, software services, and extended warranty service plans. It has strategic partnerships across transit/destination locations, including airports, auto dealers, healthcare/medicals, hotels, mixed-use and municipal locations, multifamily residential and condos, parks and recreation areas, parking lots, restaurants, retailers, schools and universities, stadiums, supermarkets, transportation hubs, and workplace locations. Blink Charging Co. was founded in 2009 and is headquartered in Bowie, Maryland.
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Frequently Asked Questions
Is Blink Charging Co. (BLNK) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Blink Charging Co. 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 Blink Charging Co.'s debt ratio?
Blink Charging Co.'s debt ratio is 11.5% 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 4.9%.
What are Blink Charging Co.'s key financial metrics?
Blink Charging Co. has a market capitalization of $77M, and revenue of $124M. The company maintains a gross margin of 30.2% and a net margin of -118.4%. Return on equity stands at -88.5%.
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.