Is Freightos Ltd (CRGOW) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| DJIM | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| MSCI | 1.3% / 33% | 50.5% / 33% | 5.0% / 33% | 9.3% / 5% | ✗ NOT HALAL |
| S&P | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| FTSE | 1.3% / 33% | 50.5% / 33% | 5.0% / 50% | 9.3% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 66.8% | |
| Operating Margin | -75.9% | |
| Net Margin | -59.5% | |
| Return on Equity (ROE) | -35.8% | |
| Return on Assets (ROA) | -17.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$12M |
| Free Cash Flow | -$12M |
| Total Debt | $954,000 |
| Debt-to-Equity | 5.5 |
| Current Ratio | 2.2 |
| Total Assets | $74M |
Price & Trading
| Last Close | $0.16 |
| Beta | 1.2 |
|
52-Week Range
$0.16
| |
About Freightos Ltd (CRGOW)
Freightos Limited operates a vendor-neutral booking and payment platform for international freight. It operates WebCargo, a platform for connecting carriers and forwarders; and Freightos.com, a platform for connecting service providers to importers/exporters. The company offers software-as-a-service solutions, such as WebCargo Rate & Quote (Air), a dynamic airline rates and eBookings; WebCargo Rate & Quote (Multimodal), a multi-modal rate repository; data services provide digitalize static carrier rates; WebCargo Airline that enables airlines to control bookings and optimize pricing with real-time booking analytics; and Shipsta Procure that enables shippers or forwarders to manage their ongoing tender procurement process for logistics service. In addition, it provides digital customs brokerage services. The company was founded in 2011 and is based in Barcelona, Spain.
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Frequently Asked Questions
Is Freightos Ltd (CRGOW) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Freightos Ltd 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 Freightos Ltd's debt ratio?
Freightos Ltd's debt ratio is not available 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 1.3%.
What are Freightos Ltd's key financial metrics?
Freightos Ltd has a market capitalization of N/A, and revenue of $24M. The company maintains a gross margin of 66.8% and a net margin of -59.5%. Return on equity stands at -35.8%.
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.