Is GULF RESOURCES, INC. (GURE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 118.3% / 30% | 136.6% / 30% | 9.3% / 30% | 1.05% / 5% | ✗ NOT HALAL |
| DJIM | 118.3% / 33% | 136.6% / 33% | 9.3% / 33% | 1.05% / 5% | ✗ NOT HALAL |
| MSCI | 5.2% / 33% | 5.9% / 33% | 0.4% / 33% | 1.05% / 5% | ✓ HALAL |
| S&P | 118.3% / 33% | 136.6% / 33% | 9.3% / 33% | 1.05% / 5% | ✗ NOT HALAL |
| FTSE | 5.2% / 33% | 5.9% / 33% | 0.4% / 50% | 1.05% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | -28.5% | |
| Operating Margin | -3.7% | |
| Net Margin | -286.8% | |
| Return on Equity (ROE) | -43.4% | |
| Return on Assets (ROA) | -4.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $675,068 |
| Free Cash Flow | -$60M |
| Total Debt | $9M |
| Debt-to-Equity | 7.5 |
| Current Ratio | 0.9 |
| Total Assets | $169M |
Price & Trading
| Last Close | $5.00 |
| 50-Day MA | $4.81 |
| 200-Day MA | $5.52 |
| Avg Volume | 24K |
| Beta | 0.3 |
|
52-Week Range
$2.04
| |
About GULF RESOURCES, INC. (GURE)
Gulf Resources, Inc., through its subsidiaries, manufactures and trades in bromine and crude salt in the People's Republic of China. The company operates through four segments: Bromine, Crude Salt, Chemical Products, and Natural Gas. It provides bromine for the manufacturing of various bromine compounds for applications in industry and agriculture, intermediates in organic synthesis, brominated flame retardants, fumigants, water purification compounds, dyes, medicines, and disinfectants. The company also offers crude salt for applications in alkali and chlorine alkali production, as well as chemical, food and beverage, and other industries. In addition, it manufactures and sells chemical products for use in oil and gas field exploration, oil and gas distribution, oil field drilling, papermaking chemical agents, and inorganic chemicals; and materials that are used for human and animal antibiotics. Gulf Resources, Inc. is headquartered in Shouguang, the People's Republic of China.
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Frequently Asked Questions
Is GULF RESOURCES, INC. (GURE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), GULF RESOURCES, 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 GULF RESOURCES, INC.'s debt ratio?
GULF RESOURCES, INC.'s debt ratio is 118.3% 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 5.2%.
What are GULF RESOURCES, INC.'s key financial metrics?
GULF RESOURCES, INC. has a market capitalization of $7M, and revenue of $8M. The company maintains a gross margin of -28.5% and a net margin of -286.8%. Return on equity stands at -43.4%.
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.