Is BingEx Ltd (FLX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 25.7% / 30% | 452.2% / 30% | 26.8% / 30% | 0.47% / 5% | ✗ NOT HALAL |
| DJIM | 25.7% / 33% | 452.2% / 33% | 26.8% / 33% | 0.47% / 5% | ✗ NOT HALAL |
| MSCI | 3.4% / 33% | 60.4% / 33% | 3.6% / 33% | 0.47% / 5% | ✗ NOT HALAL |
| S&P | 25.7% / 33% | 452.2% / 33% | 26.8% / 33% | 0.47% / 5% | ✗ NOT HALAL |
| FTSE | 3.4% / 33% | 60.4% / 33% | 3.6% / 50% | 0.47% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 11.8% | |
| Operating Margin | 0.3% | |
| Net Margin | 2.7% | |
| Return on Equity (ROE) | 13.8% | |
| Return on Assets (ROA) | 2.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $2M |
| Free Cash Flow | $1M |
| Total Debt | $42M |
| Debt-to-Equity | 2.7 |
| Current Ratio | 2.3 |
| Total Assets | $1.2B |
Price & Trading
| Last Close | $2.72 |
| 50-Day MA | $2.83 |
| 200-Day MA | $3.14 |
| Avg Volume | 259K |
|
52-Week Range
$2.01
| |
About BingEx Ltd (FLX)
BingEx Limited, through its subsidiaries, engages in the provision of on-demand dedicated courier services under the FlashEx brand name in the People's Republic of China. The company offers Flash-Riders as service who provides the courier services. It serves individual and business customers, including local retailers, restaurants, and logistics players through its mobile platform and website. The company was incorporated in 2014 and is headquartered in Beijing, the People's Republic of China.
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Frequently Asked Questions
Is BingEx Ltd (FLX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), BingEx 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 BingEx Ltd's debt ratio?
BingEx Ltd's debt ratio is 25.7% 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 3.4%.
What are BingEx Ltd's key financial metrics?
BingEx Ltd has a market capitalization of $191M, trailing P/E ratio of 11.7, and revenue of $4.5B. The company maintains a gross margin of 11.8% and a net margin of 2.7%. Return on equity stands at 13.8%.
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.