Is FAX (FAX) Halal?

AMEX Financial Services Singapore $591M
✗ NOT HALAL
Confidence: 95/100
FAX (FAX) is Not Halal under AAOIFI Standard 21 due to its classification in the Asset Management 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 October 2025

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

Financial Highlights

P/E Ratio
16.3
EPS
$0.88
Dividend Yield
1384.0%
Payout: 225.0%
P/B Ratio
0.9
Revenue
$45M
Growth: -27.6%
Beta
0.5
Low volatility
Current Ratio
2.7

Profitability

Gross Margin 100.0%
Operating Margin 78.2%
Net Margin 62.2%
Return on Equity (ROE) 5.1%
Return on Assets (ROA) 2.7%

Cash Flow & Balance Sheet

Operating Cash Flow$82M
Free Cash Flow$82M
Total Debt$326M
Debt-to-Equity62.2
Current Ratio2.7
Total Assets$1.1B

Price & Trading

Last Close$14.80
50-Day MA$15.54
200-Day MA$15.75
Avg Volume220K
Beta0.5
52-Week Range
$13.99
$16.90

About FAX (FAX)

CEO
Mr. Martin James Gilbert C.A., L.L.B., LLD, M.A., MA LLB LLD CA
Sector
Financial Services
Industry
Asset Management
Country
Singapore
Exchange
AMEX
Market Cap
$591M
Currency
USD

Abrdn Asia-Pacific Income Fund Inc is a close ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets of Asia, Australia, and New Zeland. It primarily invests in debt securities issued by governmental entities, banks, companies, and other entities. Abrdn Asia-Pacific Income Fund Inc was formed on March 14, 1986 and is domiciled in the United States.

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Frequently Asked Questions

Is FAX (FAX) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), FAX 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 FAX's debt ratio?

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

What are FAX's key financial metrics?

FAX has a market capitalization of $591M, trailing P/E ratio of 16.3, and revenue of $45M. The company maintains a gross margin of 100.0% and a net margin of 62.2%. Return on equity stands at 5.1%.

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.