Is Empery Digital Inc. (EMPD) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.5% / 30% | 1.5% / 30% | 0.1% / 30% | 442.2% / 5% | ✗ NOT HALAL |
| DJIM | 0.5% / 33% | 1.5% / 33% | 0.1% / 33% | 442.2% / 5% | ✗ NOT HALAL |
| MSCI | 13.0% / 33% | 35.2% / 33% | 1.4% / 33% | 442.2% / 5% | ✗ NOT HALAL |
| S&P | 0.5% / 33% | 1.5% / 33% | 0.1% / 33% | 442.2% / 5% | ✗ NOT HALAL |
| FTSE | 13.0% / 33% | 35.2% / 33% | 1.4% / 50% | 442.2% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -92.9% | |
| Operating Margin | -10275.1% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -20.8% | |
| Return on Assets (ROA) | -7.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$16M |
| Free Cash Flow | -$16M |
| Total Debt | $810,886 |
| Debt-to-Equity | 11.6 |
| Current Ratio | 0.5 |
| Total Assets | $6M |
Price & Trading
| Last Close | $4.17 |
| 50-Day MA | $4.25 |
| 200-Day MA | $6.43 |
| Avg Volume | 977K |
| Beta | -0.6 |
|
52-Week Range
$3.19
| |
About Empery Digital Inc. (EMPD)
Empery Digital Inc. designs, develops, and sells electric off road powersport vehicles in the United States. The company provides electric two-wheeled e-bikes and motorcycles; four-wheeled utility terrain vehicles; and golf carts, as well as various upgrades and accessories. It sells its products through powersports dealers, bicycle retailers, and golf cart dealers, as well as through its website. Empery Digital Inc. was formerly known as Volcon, Inc. and changed its name to Empery Digital Inc. in July 2025. Empery Digital Inc. was incorporated in 2020 and is based in Round Rock, Texas.
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Frequently Asked Questions
Is Empery Digital Inc. (EMPD) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Empery Digital 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 Empery Digital Inc.'s debt ratio?
Empery Digital Inc.'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 13.0%.
What are Empery Digital Inc.'s key financial metrics?
Empery Digital Inc. has a market capitalization of $123M, trailing P/E ratio of 0.0, and revenue of $4M. Return on equity stands at -20.8%.
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.