Is CareCloud, Inc. (CCLD) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 3.0% / 30% | 4.4% / 30% | 14.7% / 30% | 0.08% / 5% | ✓ HALAL |
| DJIM | 3.0% / 33% | 4.4% / 33% | 14.7% / 33% | 0.08% / 5% | ✓ HALAL |
| MSCI | 4.8% / 33% | 7.2% / 33% | 23.9% / 33% | 0.08% / 5% | ✓ HALAL |
| S&P | 3.0% / 33% | 4.4% / 33% | 14.7% / 33% | 0.08% / 5% | ✓ HALAL |
| FTSE | 4.8% / 33% | 7.2% / 33% | 23.9% / 50% | 0.08% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 46.5% | |
| Operating Margin | 9.1% | |
| Net Margin | 9.0% | |
| Return on Equity (ROE) | 19.8% | |
| Return on Assets (ROA) | 9.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $29M |
| Free Cash Flow | $21M |
| Total Debt | $4M |
| Debt-to-Equity | 7.2 |
| Current Ratio | 1.1 |
| Total Assets | $88M |
Price & Trading
| Last Close | $3.81 |
| 50-Day MA | $2.81 |
| 200-Day MA | $2.93 |
| Avg Volume | 388K |
| Beta | 2.2 |
|
52-Week Range
$1.14
| |
About CareCloud, Inc. (CCLD)
CareCloud, Inc., a healthcare information technology company, provides technology-enabled business solutions, Software-as-a-Service offerings, and related business services to healthcare providers and hospitals primarily in the United States. It operates through Healthcare IT and Medical Practice Management segments. The company's proprietary software and business services includes technology-enabled business solutions; cloud-based software; digital health services; healthcare IT professional services and staffing; MAP App; and medical practice management services. It also offers revenue cycle management services, healthcare claims clearinghouse, and medical coding and credentialing services; electronic health records, practice management software and related capabilities, patient experience management solutions, business intelligence and healthcare analytics platforms, and customized applications, interfaces, and various other technology solutions, as well as artificial intelligence, such as CareCloud cirrusAI, AI-powered clinical decision support, AI-powered virtual support assistant, AI-driven appeals, Stratus AI Desk Agent, and CareCloud cirrusAI. In addition, the company provides chronic care management, remote patient monitoring, and telemedicine solutions; professional services; managed services; workforce augmentation; on-demand staffing; and strategic advisory services. Further, it offers medical practice management services to medical practices comprising appropriate facilities, equipment, supplies, support services, nurses, and administrative support staff, as well as management, bill-paying, and financial advisory services. It serves physicians, nurses, nurse practitioners, therapists, physician assistants, and other clinicians that render bills for their services. The company was formerly known as MTBC, Inc. and changed its name to CareCloud, Inc. in March 2021. CareCloud, Inc. was founded in 1999 and is headquartered in Somerset, New Jersey.
Purification Calculator
As a halal stock with 0.08% impermissible income, you need to purify your dividends.
Related Halal Stocks in Healthcare
Frequently Asked Questions
Is CareCloud, Inc. (CCLD) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CareCloud, Inc. 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 CareCloud, Inc.'s debt ratio?
CareCloud, Inc.'s debt ratio is 3.0% 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 4.8%.
Does CareCloud, Inc. require dividend purification?
Yes, CareCloud, Inc. has an impermissible income ratio of 0.08%, which means 0.08% 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 CareCloud, Inc.'s key financial metrics?
CareCloud, Inc. has a market capitalization of $148M, trailing P/E ratio of 34.9, and revenue of $120M. The company maintains a gross margin of 46.5% and a net margin of 9.0%. Return on equity stands at 19.8%.
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.