Is Fitell Corp (FTEL) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 14.4% / 30% | 139.9% / 30% | 132.7% / 30% | 4.15% / 5% | ✗ NOT HALAL |
| DJIM | 14.4% / 33% | 139.9% / 33% | 132.7% / 33% | 4.15% / 5% | ✗ NOT HALAL |
| MSCI | 2.6% / 33% | 25.4% / 33% | 24.1% / 33% | 4.15% / 5% | ✓ HALAL |
| S&P | 14.4% / 33% | 139.9% / 33% | 132.7% / 33% | 4.15% / 5% | ✗ NOT HALAL |
| FTSE | 2.6% / 33% | 25.4% / 33% | 24.1% / 50% | 4.15% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 39.3% | |
| Operating Margin | 5.9% | |
| Net Margin | -13.1% | |
| Return on Equity (ROE) | -7.5% | |
| Return on Assets (ROA) | -5.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$1M |
| Free Cash Flow | -$1M |
| Total Debt | $298,560 |
| Debt-to-Equity | 3.4 |
| Current Ratio | 4.4 |
| Total Assets | $11M |
Price & Trading
| Last Close | $1.59 |
| 50-Day MA | $2.21 |
| 200-Day MA | $33.44 |
| Avg Volume | 297K |
| Beta | 7.4 |
|
52-Week Range
$0.85
| |
About Fitell Corp (FTEL)
Fitell Corporation, through its subsidiary, GD Wellness Pty Ltd, operates as an online retailer of gym and fitness equipment for personal training studios and commercial gyms chains in Australia and Southeast Asia. The company markets and sells fitness equipment, including home gym and commercial strength-training equipment; and cardio equipment, such as rowing machines, exercise bikes, treadmills, and other related products under the Muscle Motion, Rapid Motion, Harison, and FleetX brands. It is also involved in the boutique fitness clubs licensing business. The company sells its products online through its website and offline, such as by phone, email, and showroom. Fitell Corporation was founded in 2005 and is headquartered in Taren Point, Australia.
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Frequently Asked Questions
Is Fitell Corp (FTEL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Fitell 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 Fitell Corp's debt ratio?
Fitell Corp's debt ratio is 14.4% 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 2.6%.
What are Fitell Corp's key financial metrics?
Fitell Corp has a market capitalization of $2M, and revenue of $5M. The company maintains a gross margin of 39.3% and a net margin of -13.1%. Return on equity stands at -7.5%.
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.