Is CERAGON NETWORKS LTD (CRNT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 20.4% / 30% | 17.5% / 30% | 79.1% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 20.4% / 33% | 17.5% / 33% | 79.1% / 33% | N/A | ✗ NOT HALAL |
| MSCI | 11.9% / 33% | 10.2% / 33% | 46.2% / 33% | N/A | ✗ NOT HALAL |
| S&P | 20.4% / 33% | 17.5% / 33% | 79.1% / 33% | N/A | ✗ NOT HALAL |
| FTSE | 11.9% / 33% | 10.2% / 33% | 46.2% / 50% | N/A | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 33.8% | |
| Operating Margin | 2.1% | |
| Net Margin | -0.6% | |
| Return on Equity (ROE) | -1.2% | |
| Return on Assets (ROA) | 2.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $26M |
| Free Cash Flow | $10M |
| Total Debt | $41M |
| Debt-to-Equity | 21.0 |
| Current Ratio | 1.9 |
| Total Assets | $345M |
Price & Trading
| Last Close | $2.22 |
| 50-Day MA | $2.28 |
| 200-Day MA | $2.24 |
| Avg Volume | 493K |
| Beta | 1.3 |
|
52-Week Range
$1.82
| |
About CERAGON NETWORKS LTD (CRNT)
Ceragon Networks Ltd. provides wireless transport solutions for cellular operators and other wireless service providers in North America, Europe, Africa, the Asia Pacific, the Middle East, India, and Latin America. The company's solutions use microwave and millimeter wave radio technology to transfer telecommunication traffic between base stations, small/distributed cells, and the service provider's network. It provides IP-20 all-outdoor solutions, such as IP-20C, IP-20C-HP, IP-20S, IP-20E, and IP-20V; IP-20 split-mount/ all-indoor solutions comprising IP-20N/IP-20A, IP-20F, and IP-20G; and IP-50 disaggregated solutions, including IP-50E, IP-50EX, IP-50C, IP-50CX, and IP-50FX for various short-haul, long-haul, fronthaul, small cells, routing, and enterprise access applications. In addition, the company offers network and radio planning, site surveys, solutions development, installation, network rollout, wireless transport network auditing and optimization, maintenance, training, and other services. It serves internet service providers, municipalities, government, utilities, and maritime communications broadcasters and defense, as well as oil and gas companies, public safety organizations, business and public institutions, broadcasters, energy utilities, and private communications networks. The company sells its products through direct sales, original equipment manufacturers, distributors, and system integrators. The company was formerly known as Giganet Ltd. and changed its name to Ceragon Networks Ltd. in September 2000. Ceragon Networks Ltd. was incorporated in 1996 and is headquartered in Rosh Haayin, Israel.
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Frequently Asked Questions
Is CERAGON NETWORKS LTD (CRNT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CERAGON NETWORKS 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 CERAGON NETWORKS LTD's debt ratio?
CERAGON NETWORKS LTD's debt ratio is 20.4% 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 11.9%.
What are CERAGON NETWORKS LTD's key financial metrics?
CERAGON NETWORKS LTD has a market capitalization of $191M. The company maintains a gross margin of 33.8% and a net margin of -0.6%. Return on equity stands at -1.2%.
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.