Is Future FinTech Group Inc. (FTFT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 14.8% / 30% | 66.2% / 30% | 148.9% / 30% | 51.23% / 5% | ✗ NOT HALAL |
| DJIM | 14.8% / 33% | 66.2% / 33% | 148.9% / 33% | 51.23% / 5% | ✗ NOT HALAL |
| MSCI | 4.2% / 33% | 18.7% / 33% | 42.1% / 33% | 51.23% / 5% | ✗ NOT HALAL |
| S&P | 14.8% / 33% | 66.2% / 33% | 148.9% / 33% | 51.23% / 5% | ✗ NOT HALAL |
| FTSE | 4.2% / 33% | 18.7% / 33% | 42.1% / 50% | 51.23% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 10.7% | |
| Operating Margin | 40.6% | |
| Net Margin | -120.6% | |
| Return on Equity (ROE) | -109.4% | |
| Return on Assets (ROA) | -47.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$20M |
| Free Cash Flow | -$20M |
| Total Debt | $1M |
| Debt-to-Equity | 5.8 |
| Current Ratio | 6.2 |
| Total Assets | $26M |
Price & Trading
| Last Close | $1.22 |
| 50-Day MA | $1.65 |
| 200-Day MA | $5.53 |
| Avg Volume | 24K |
| Beta | 1.6 |
|
52-Week Range
$1.18
| |
About Future FinTech Group Inc. (FTFT)
Future FinTech Group Inc., through its subsidiaries, engages in supply-chain financing services and trading businesses in the People's Republic of China. It offers cross-border money transfer, and brokerage and investment banking services, as well as trades in coal, aluminum ingots, sand, and steel. The company also operates an online store e-commerce platform, as well as engages in the sales of non-alcoholic beverages and dairy beverages. In addition, it provides integrated business and financial consulting services The company was formerly known as SkyPeople Fruit Juice, Inc. and changed its name to Future FinTech Group Inc. in June 2017. Future FinTech Group Inc. is headquartered in Causeway Bay, Hong Kong.
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Frequently Asked Questions
Is Future FinTech Group Inc. (FTFT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Future FinTech Group Inc. 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 Future FinTech Group Inc.'s debt ratio?
Future FinTech Group Inc.'s debt ratio is 14.8% 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 4.2%.
What are Future FinTech Group Inc.'s key financial metrics?
Future FinTech Group Inc. has a market capitalization of $6M, and revenue of $2M. The company maintains a gross margin of 10.7% and a net margin of -120.6%. Return on equity stands at -109.4%.
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.