Is GDEV Inc. (GDEV) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.5% / 30% | 49.1% / 30% | 13.9% / 30% | 0.56% / 5% | ✗ NOT HALAL |
| DJIM | 0.5% / 33% | 49.1% / 33% | 13.9% / 33% | 0.56% / 5% | ✗ NOT HALAL |
| MSCI | 0.5% / 33% | 49.5% / 33% | 14.0% / 33% | 0.56% / 5% | ✗ NOT HALAL |
| S&P | 0.5% / 33% | 49.1% / 33% | 13.9% / 33% | 0.56% / 5% | ✗ NOT HALAL |
| FTSE | 0.5% / 33% | 49.5% / 33% | 14.0% / 50% | 0.56% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 65.4% | |
| Operating Margin | 25.5% | |
| Net Margin | 13.7% | |
| Return on Assets (ROA) | 16.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $29M |
| Free Cash Flow | $28M |
| Total Debt | $1M |
| Current Ratio | 0.6 |
| Total Assets | $272M |
Price & Trading
| Last Close | $15.99 |
| 50-Day MA | $15.92 |
| 200-Day MA | $18.02 |
| Avg Volume | 2K |
| Beta | 1.2 |
|
52-Week Range
$8.60
| |
About GDEV Inc. (GDEV)
GDEV Inc. develops and publishes online games in the United States, Europe, Asia, and internationally. Its core product offering includes Hero Wars, offers a suite of games across mobile, social, and web-based platforms, as well as franchises gaming in the role-playing game genre. The company was formerly known as Nexters Inc. and changed its name to GDEV Inc. in June 2023. GDEV Inc. was founded in 2010 and is headquartered in Limassol, Cyprus.
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Frequently Asked Questions
Is GDEV Inc. (GDEV) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), GDEV 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 GDEV Inc.'s debt ratio?
GDEV Inc.'s debt ratio is 0.5% 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 0.5%.
What are GDEV Inc.'s key financial metrics?
GDEV Inc. has a market capitalization of $272M, trailing P/E ratio of 5.9, and revenue of $421M. The company maintains a gross margin of 65.4% and a net margin of 13.7%.
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.