Is Global-E Online Ltd. (GLBE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.4% / 30% | 7.9% / 30% | 3.9% / 30% | N/A | ✓ HALAL |
| DJIM | 0.4% / 33% | 7.9% / 33% | 3.9% / 33% | N/A | ✓ HALAL |
| MSCI | 2.0% / 33% | 37.6% / 33% | 18.3% / 33% | N/A | ✗ NOT HALAL |
| S&P | 0.4% / 33% | 7.9% / 33% | 3.9% / 33% | N/A | ✓ HALAL |
| FTSE | 2.0% / 33% | 37.6% / 33% | 18.3% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 45.3% | |
| Operating Margin | 19.0% | |
| Net Margin | 7.1% | |
| Return on Equity (ROE) | 7.5% | |
| Return on Assets (ROA) | 3.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $169M |
| Free Cash Flow | $167M |
| Total Debt | $25M |
| Debt-to-Equity | 2.5 |
| Current Ratio | 1.9 |
| Total Assets | $1.3B |
Price & Trading
| Last Close | $30.90 |
| 50-Day MA | $34.57 |
| 200-Day MA | $35.32 |
| Avg Volume | 1.5M |
| Beta | 1.2 |
|
52-Week Range
$26.64
| |
About Global-E Online Ltd. (GLBE)
Global-E Online Ltd., together with its subsidiaries, provides direct-to-consumer cross-border e-commerce platform in Israel, the United Kingdom, the United States, and internationally. Its platform enables international shoppers to buy online and merchants to sell from and to worldwide. The company was incorporated in 2013 and is headquartered in Petah Tikva, Israel.
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Frequently Asked Questions
Is Global-E Online Ltd. (GLBE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Global-E Online Ltd. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Global-E Online Ltd.'s debt ratio?
Global-E Online Ltd.'s debt ratio is 0.4% 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 2.0%.
What are Global-E Online Ltd.'s key financial metrics?
Global-E Online Ltd. has a market capitalization of $4.9B, trailing P/E ratio of 74.2. The company maintains a gross margin of 45.3% and a net margin of 7.1%. 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.