Is Greenpro Capital Corp. (GRNQ) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.2% / 30% | 6.9% / 30% | 6.5% / 30% | 0.55% / 5% | ✓ HALAL |
| DJIM | 0.2% / 33% | 6.9% / 33% | 6.5% / 33% | 0.55% / 5% | ✓ HALAL |
| MSCI | 0.5% / 33% | 17.4% / 33% | 16.2% / 33% | 0.55% / 5% | ✓ HALAL |
| S&P | 0.2% / 33% | 6.9% / 33% | 6.5% / 33% | 0.55% / 5% | ✓ HALAL |
| FTSE | 0.5% / 33% | 17.4% / 33% | 16.2% / 50% | 0.55% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 85.1% | |
| Operating Margin | -132.4% | |
| Net Margin | -41.1% | |
| Return on Equity (ROE) | -27.8% | |
| Return on Assets (ROA) | -12.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$1M |
| Free Cash Flow | -$1M |
| Total Debt | $33,930 |
| Debt-to-Equity | 1.3 |
| Current Ratio | 1.4 |
| Total Assets | $6M |
Price & Trading
| Last Close | $2.48 |
| 50-Day MA | $1.89 |
| 200-Day MA | $1.69 |
| Avg Volume | 18K |
| Beta | 1.5 |
|
52-Week Range
$0.83
| |
About Greenpro Capital Corp. (GRNQ)
Greenpro Capital Corp. provides financial consulting and corporate advisory services to small and medium-sized businesses primarily in Hong Kong, China, Malaysia, Singapore, Indonesia, Thailand, Japan, Taiwan, the United Kingdom, and the United States. The company operates through Service Business, Digital Business, and Real Estate Business segments. It offers business consulting and corporate advisory services, including cross-border listing advisory, tax planning, bookkeeping, advisory and transaction, record management, and accounting outsourcing services, as well as company review, bank loan advisory, and bank product analysis; and venture capital investment, and related education and support services. The company also provides company formation advisory, company secretarial, insurance brokerage, financial, wealth planning, administration, charity, trusteeship, and risk management, investment planning and management, business support, asset protection, and performance monitoring services. In addition, the company is involved in the digital banking business; provision of a digital platform; and trading of digital assets. The company was formerly known as Greenpro, Inc. and changed its name to Greenpro Capital Corp. in May 2015. Greenpro Capital Corp. was incorporated in 2013 and is headquartered in Kuala Lumpur, Malaysia.
Purification Calculator
As a halal stock with 0.55% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Greenpro Capital Corp. (GRNQ) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Greenpro Capital Corp. 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 Greenpro Capital Corp.'s debt ratio?
Greenpro Capital Corp.'s debt ratio is 0.2% 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%.
Does Greenpro Capital Corp. require dividend purification?
Yes, Greenpro Capital Corp. has an impermissible income ratio of 0.55%, which means 0.55% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Greenpro Capital Corp.'s key financial metrics?
Greenpro Capital Corp. has a market capitalization of $23M, and revenue of $3M. The company maintains a gross margin of 85.1% and a net margin of -41.1%. Return on equity stands at -27.8%.
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.