Is ENIGMATIG LTD (EGG) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.5% / 30% | 9.8% / 30% | 1.1% / 30% | 4.03% / 5% | ✓ HALAL |
| DJIM | 0.5% / 33% | 9.8% / 33% | 1.1% / 33% | 4.03% / 5% | ✓ HALAL |
| MSCI | 3.9% / 33% | 72.5% / 33% | 8.2% / 33% | 4.03% / 5% | ✗ NOT HALAL |
| S&P | 0.5% / 33% | 9.8% / 33% | 1.1% / 33% | 4.03% / 5% | ✓ HALAL |
| FTSE | 3.9% / 33% | 72.5% / 33% | 8.2% / 50% | 4.03% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 68.8% | |
| Operating Margin | -45.7% | |
| Net Margin | 12.6% | |
| Return on Equity (ROE) | 6.3% | |
| Return on Assets (ROA) | 3.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$2M |
| Free Cash Flow | -$2M |
| Total Debt | $708,446 |
| Debt-to-Equity | 4.4 |
| Current Ratio | 8.3 |
| Total Assets | $18M |
Price & Trading
| Last Close | $5.50 |
| 50-Day MA | $5.60 |
| 200-Day MA | $5.17 |
| Avg Volume | 13K |
|
52-Week Range
$2.53
| |
About ENIGMATIG LTD (EGG)
Enigmatig Limited, together with its subsidiaries, provides consulting services for financial institutions in Singapore, Hong Kong and mainland China. The company offers global operation, licensing advisory, and corporate secretarial and support services. It also offers ancillary regulatory consultancy services, including advising on establishing a business plan, creating operation, risk and compliance manuals, assisting clients with finding and negotiating on their behalf with suitable professionals to serve as local agent, nominee director, nominee shareholder, general manager, compliance officer, and finance manager; and assisting clients with finding and negotiating suitable office premises. In addition, the company offers management consultancy; client relationship management and software; fintech; formation or management of international business companies; and corporate secretarial and support services, including filing of regulatory documents, maintaining company registers, compiling articles of incorporation, and coordinating with financial institutions to open new bank accounts and compiling applicable regulatory documentation for establishment of new entities. It sells its products through referrals from existing or former clients, business partners, and other third parties. The company formerly known as Desfran Holdings Limited and changed its name to Enigmatig Limited in April 2024. Enigmatig Limited was founded in 2010 and is headquartered in Singapore.
Purification Calculator
As a halal stock with 4.03% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is ENIGMATIG LTD (EGG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ENIGMATIG LTD 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 ENIGMATIG LTD's debt ratio?
ENIGMATIG LTD's debt ratio is 0.5% 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 3.9%.
Does ENIGMATIG LTD require dividend purification?
Yes, ENIGMATIG LTD has an impermissible income ratio of 4.03%, which means 4.03% 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 ENIGMATIG LTD's key financial metrics?
ENIGMATIG LTD has a market capitalization of $202M, trailing P/E ratio of 363.0, and revenue of $4M. The company maintains a gross margin of 68.8% and a net margin of 12.6%. Return on equity stands at 6.3%.
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.