Is Bragg Gaming Group Inc. (BRAG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Gambling | ✗ NOT HALAL | |||
| DJIM | Excluded — Gambling | ✗ NOT HALAL | |||
| MSCI | Excluded — Gambling | ✗ NOT HALAL | |||
| S&P | Excluded — Gambling | ✗ NOT HALAL | |||
| FTSE | Excluded — Gambling | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 55.0% | |
| Operating Margin | -0.1% | |
| Net Margin | -7.6% | |
| Return on Equity (ROE) | -11.9% | |
| Return on Assets (ROA) | -2.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $11M |
| Free Cash Flow | -$2M |
| Total Debt | $10M |
| Debt-to-Equity | 12.1 |
| Current Ratio | 1.0 |
| Total Assets | $107M |
Price & Trading
| Last Close | $1.98 |
| 50-Day MA | $1.88 |
| 200-Day MA | $2.74 |
| Avg Volume | 44K |
| Beta | 0.4 |
|
52-Week Range
$1.46
| |
About Bragg Gaming Group Inc. (BRAG)
Bragg Gaming Group Inc. operates as an iGaming content and technology solutions. The company offers Bragg PAM, a player account management platform; Bragg HUB, an iGaming product delivery solution; and Fuze, a gamification and engagement toolset. It also offers casino content, and marketing and operational services. The company operates in Malta, the Netherlands, the United States, Brazil, Curaçao, Marshall Islands, Belgium, Croatia, Isle of Man, Czech Republic, and internationally. The company was formerly known as Rockies Financial Corporation and changed its name to Bragg Gaming Group Inc. in 2018. Bragg Gaming Group Inc. is headquartered in Toronto, Canada.
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Frequently Asked Questions
Is Bragg Gaming Group Inc. (BRAG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Bragg Gaming 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 Bragg Gaming Group Inc.'s debt ratio?
Bragg Gaming Group Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Bragg Gaming Group Inc.'s key financial metrics?
Bragg Gaming Group Inc. has a market capitalization of $47M, and revenue of $102M. The company maintains a gross margin of 55.0% and a net margin of -7.6%. Return on equity stands at -11.9%.
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.