Is Emerald Holding, Inc. (EEX) Halal?

NYSE Communication Services United States $891M
✗ NOT HALAL
Confidence: 90/100
Emerald Holding, Inc. (EEX) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 48.3% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Emerald Holding, Inc. operates in the Communication Services sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 48.3%
/ 30%
22.8%
/ 30%
9.7%
/ 30%
2.13%
/ 5%
✗ NOT HALAL
DJIM 48.3%
/ 33%
22.8%
/ 33%
9.7%
/ 33%
2.13%
/ 5%
✗ NOT HALAL
MSCI 39.3%
/ 33%
18.6%
/ 33%
7.9%
/ 33%
2.13%
/ 5%
✗ NOT HALAL
S&P 48.3%
/ 33%
22.8%
/ 33%
9.7%
/ 33%
2.13%
/ 5%
✗ NOT HALAL
FTSE 39.3%
/ 33%
18.6%
/ 33%
7.9%
/ 50%
2.13%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.15
Dividend Yield
133.0%
Payout: 150.0%
P/B Ratio
2.6
EV/EBITDA
11.2
EV: $1.3B
Revenue
$463M
Growth: 24.3%
Beta
0.6
Low volatility
Current Ratio
0.8

Profitability

Gross Margin 63.9%
Operating Margin 32.1%
Net Margin -6.6%
Return on Equity (ROE) -8.5%
Return on Assets (ROA) 4.7%

Cash Flow & Balance Sheet

Operating Cash Flow$43M
Free Cash Flow$34M
Total Debt$509M
Debt-to-Equity151.2
Current Ratio0.8
Total Assets$1.2B

Price & Trading

Last Close$4.53
50-Day MA$4.59
200-Day MA$4.67
Avg Volume40K
Beta0.6
52-Week Range
$3.21
$5.45

About Emerald Holding, Inc. (EEX)

CEO
Mr. Herve Sedky
Employees
821
Sector
Communication Services
Industry
Advertising Agencies
Country
United States
Exchange
NYSE
Market Cap
$891M
Currency
USD

Emerald Holding, Inc. operates as a business-to-business (B2B) event organizer in the United States. The company provides B2B trade shows, expos, and conferences; B2C showcases; and B2B digital media platforms and print publications, which provides industry-specific news, insights, education, and analysis across various sectors. It also offers B2B e-commerce and digital merchandising solutions to manufacturers and retailers through Elastic Suite platform. Emerald Holding, Inc. was incorporated in 2013 and is headquartered in New York, New York.

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Frequently Asked Questions

Is Emerald Holding, Inc. (EEX) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Emerald Holding, 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 Emerald Holding, Inc.'s debt ratio?

Emerald Holding, Inc.'s debt ratio is 48.3% 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 39.3%.

What are Emerald Holding, Inc.'s key financial metrics?

Emerald Holding, Inc. has a market capitalization of $891M, and revenue of $463M. The company maintains a gross margin of 63.9% and a net margin of -6.6%. Return on equity stands at -8.5%.

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.