Is FBS Global Ltd (FBGL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 30.2% / 30% | 58.1% / 30% | 131.6% / 30% | 1.35% / 5% | ✗ NOT HALAL |
| DJIM | 30.2% / 33% | 58.1% / 33% | 131.6% / 33% | 1.35% / 5% | ✗ NOT HALAL |
| MSCI | 9.9% / 33% | 19.0% / 33% | 43.0% / 33% | 1.35% / 5% | ✗ NOT HALAL |
| S&P | 30.2% / 33% | 58.1% / 33% | 131.6% / 33% | 1.35% / 5% | ✗ NOT HALAL |
| FTSE | 9.9% / 33% | 19.0% / 33% | 43.0% / 50% | 1.35% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 10.6% | |
| Operating Margin | 3.4% | |
| Net Margin | -4.5% | |
| Return on Equity (ROE) | -8.0% | |
| Return on Assets (ROA) | -2.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$122,071 |
| Free Cash Flow | -$197,210 |
| Total Debt | $2M |
| Debt-to-Equity | 7.9 |
| Current Ratio | 1.5 |
| Total Assets | $16M |
Price & Trading
| Last Close | $0.52 |
| 50-Day MA | $0.84 |
| 200-Day MA | $0.71 |
| Avg Volume | 2.3M |
|
52-Week Range
$0.34
| |
About FBS Global Ltd (FBGL)
FBS Global Limited, together with its subsidiaries, operates as a building contractor in Singapore. The company provides construction and engineering services, including the supply of building materials and precast concrete components, recycling of construction and industrial wastes, research, and development, as well as pavement consultancy services. It also engages in the design, supply, and installation of ceilings, partitions, timber deck, carpet, lead lining, acoustic wall panel, built-in furnishings, and carpentry; and provision of mechanical and electrical services of a building. The company undertakes interior fit-out works for institutional, residential, commercial, and industrial building projects. FBS Global Limited was founded in 1996 and is based in Singapore.
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Frequently Asked Questions
Is FBS Global Ltd (FBGL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), FBS Global Ltd 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 FBS Global Ltd's debt ratio?
FBS Global Ltd's debt ratio is 30.2% 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 9.9%.
What are FBS Global Ltd's key financial metrics?
FBS Global Ltd has a market capitalization of $8M, and revenue of $14M. The company maintains a gross margin of 10.6% and a net margin of -4.5%. Return on equity stands at -8.0%.
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.