Is New Concept Energy, Inc. (GBR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 6.6% / 30% | 0.0% / 30% | 145.89% / 5% | ✗ NOT HALAL |
| DJIM | 0.0% / 33% | 6.6% / 33% | 0.0% / 33% | 145.89% / 5% | ✗ NOT HALAL |
| MSCI | 0.0% / 33% | 7.9% / 33% | 0.0% / 33% | 145.89% / 5% | ✗ NOT HALAL |
| S&P | 0.0% / 33% | 6.6% / 33% | 0.0% / 33% | 145.89% / 5% | ✗ NOT HALAL |
| FTSE | 0.0% / 33% | 7.9% / 33% | 0.0% / 50% | 145.89% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 67.3% | |
| Operating Margin | -161.5% | |
| Net Margin | -50.3% | |
| Return on Equity (ROE) | -1.7% | |
| Return on Assets (ROA) | -3.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$64,000 |
| Free Cash Flow | -$84,000 |
| Current Ratio | 5.3 |
| Total Assets | $5M |
Price & Trading
| Last Close | $0.88 |
| 50-Day MA | $0.85 |
| 200-Day MA | $0.92 |
| Avg Volume | 729K |
| Beta | 1.1 |
|
52-Week Range
$0.67
| |
About New Concept Energy, Inc. (GBR)
New Concept Energy, Inc. engages in the real estate rental business. The company owns land located in Parkersburg, West Virginia. It also provides advisory and management services for an independent oil and gas company. The company was formerly known as CabelTel International Corporation and changed its name to New Concept Energy, Inc. in May 2008. New Concept Energy, Inc. was founded in 1978 and is headquartered in Dallas, Texas.
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Frequently Asked Questions
Is New Concept Energy, Inc. (GBR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), New Concept Energy, 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 New Concept Energy, Inc.'s debt ratio?
New Concept Energy, Inc.'s debt ratio is 0.0% 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 0.0%.
What are New Concept Energy, Inc.'s key financial metrics?
New Concept Energy, Inc. has a market capitalization of $5M, and revenue of $146,000. The company maintains a gross margin of 67.3% and a net margin of -50.3%. Return on equity stands at -1.7%.
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.