Is Global Engine Group Holding Ltd (GLE) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 96.4% / 30% | 196.4% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 0.0% / 33% | 96.4% / 33% | 196.4% / 33% | N/A | ✗ NOT HALAL |
| MSCI | 0.0% / 33% | 26.0% / 33% | 53.0% / 33% | N/A | ✗ NOT HALAL |
| S&P | 0.0% / 33% | 96.4% / 33% | 196.4% / 33% | N/A | ✗ NOT HALAL |
| FTSE | 0.0% / 33% | 26.0% / 33% | 53.0% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 15.8% | |
| Operating Margin | -142.9% | |
| Net Margin | -25.3% | |
| Return on Equity (ROE) | -15.1% | |
| Return on Assets (ROA) | -8.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1,810 |
| Free Cash Flow | $1,810 |
| Total Debt | $0 |
| Debt-to-Equity | 0.0 |
| Current Ratio | 3.4 |
| Total Assets | $32M |
Price & Trading
| Last Close | $0.37 |
| 50-Day MA | $0.38 |
| 200-Day MA | $0.82 |
| Avg Volume | 162K |
|
52-Week Range
$0.25
| |
About Global Engine Group Holding Ltd (GLE)
Global Engine Group Holding Limited provides integrated solutions in the information communication technologies (ICT), system integration, and other technical consultation service areas primarily in Hong Kong. The company offers ICT solution services, including cloud platform deployment, IT consultation services, IT system design, configuration, maintenance, and data center colocation and cloud services; technical services, such as technical development, support, and outsourcing services for data center and cloud computing infrastructure, mobility and fixed network communications, and Internet-of-things (IoT) projects; and project management services. It serves telecom operators; data center and cloud computing services providers; and IoT solutions providers, resellers, and users. Global Engine Group Holding Limited was incorporated in 2021 and is based in Kwun Tong, Hong Kong.
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Frequently Asked Questions
Is Global Engine Group Holding Ltd (GLE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Global Engine Group Holding Ltd 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 Global Engine Group Holding Ltd's debt ratio?
Global Engine Group Holding Ltd'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 Global Engine Group Holding Ltd's key financial metrics?
Global Engine Group Holding Ltd has a market capitalization of $9M. The company maintains a gross margin of 15.8% and a net margin of -25.3%. Return on equity stands at -15.1%.
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.