Is Delixy Holdings Ltd (DLXY) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 29.2% / 30% | 19.3% / 30% | 102.3% / 30% | 0.06% / 5% | ✗ NOT HALAL |
| DJIM | 29.2% / 33% | 19.3% / 33% | 102.3% / 33% | 0.06% / 5% | ✗ NOT HALAL |
| MSCI | 21.4% / 33% | 14.1% / 33% | 75.0% / 33% | 0.06% / 5% | ✗ NOT HALAL |
| S&P | 29.2% / 33% | 19.3% / 33% | 102.3% / 33% | 0.06% / 5% | ✗ NOT HALAL |
| FTSE | 21.4% / 33% | 14.1% / 33% | 75.0% / 50% | 0.06% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 1.3% | |
| Operating Margin | 0.4% | |
| Net Margin | 0.4% | |
| Return on Equity (ROE) | 84.7% | |
| Return on Assets (ROA) | 3.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $612,000 |
| Free Cash Flow | $612,000 |
| Total Debt | $5M |
| Debt-to-Equity | 211.1 |
| Current Ratio | 1.2 |
| Total Assets | $24M |
Price & Trading
| Last Close | $0.56 |
| 50-Day MA | $0.87 |
| 200-Day MA | $2.26 |
| Avg Volume | 1.7M |
|
52-Week Range
$0.51
| |
About Delixy Holdings Ltd (DLXY)
Delixy Holdings Limited, an investment holding company, engages in the wholesale trading of crude oil and oil-based products in Southeast Asia, East Asia, and the Middle East. The company was incorporated in 2024 and is headquartered in Singapore. Delixy Holdings Limited is a subsidiary of Mega Origin Holdings Limited.
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Frequently Asked Questions
Is Delixy Holdings Ltd (DLXY) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Delixy Holdings 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 Delixy Holdings Ltd's debt ratio?
Delixy Holdings Ltd's debt ratio is 29.2% 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 21.4%.
What are Delixy Holdings Ltd's key financial metrics?
Delixy Holdings Ltd has a market capitalization of $10M, trailing P/E ratio of 8.8, and revenue of $315M. The company maintains a gross margin of 1.3% and a net margin of 0.4%. Return on equity stands at 84.7%.
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.