Is ESH Acquisition Corp. (ESHA) Halal?

NASDAQ Financial Services United States $47M
✗ NOT HALAL
Confidence: 95/100
ESH Acquisition Corp. (ESHA) is Not Halal under AAOIFI Standard 21 due to its classification in the Shell Companies industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Shell Companies ✗ NOT HALAL
DJIM Excluded — Shell Companies ✗ NOT HALAL
MSCI Excluded — Shell Companies ✗ NOT HALAL
S&P Excluded — Shell Companies ✗ NOT HALAL
FTSE Excluded — Shell Companies ✗ NOT HALAL

Financial Highlights

EPS
$-0.47
P/B Ratio
-20.3
Revenue
$0
Beta
-0.2
Low volatility
Current Ratio
0.1

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Assets (ROA) -2.4%

Cash Flow & Balance Sheet

Operating Cash Flow-$2M
Free Cash Flow-$2M
Current Ratio0.1
Total Assets$10M

Price & Trading

Last Close$11.99
50-Day MA$12.07
200-Day MA$11.68
Avg Volume159K
Beta-0.2
52-Week Range
$10.76
$27.00

About ESH Acquisition Corp. (ESHA)

CEO
Mr. James L. Francis
Sector
Financial Services
Industry
Shell Companies
Country
United States
Exchange
NASDAQ
Market Cap
$47M
Currency
USD

ESH Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities in the entertainment, sports, and hospitality sectors. The company was incorporated in 2021 and is based in New York, New York.

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Frequently Asked Questions

Is ESH Acquisition Corp. (ESHA) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), ESH Acquisition Corp. 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 ESH Acquisition Corp.'s debt ratio?

ESH Acquisition Corp.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are ESH Acquisition Corp.'s key financial metrics?

ESH Acquisition Corp. has a market capitalization of $47M.

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.