Is Haymaker Acquisition Corp. 4 (HYAC) Halal?

NYSE Financial Services United States $336M
✗ NOT HALAL
Confidence: 95/100
Haymaker Acquisition Corp. 4 (HYAC) is Not Halal under AAOIFI Standard 21 due to its classification in the Shell Companies industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Shell Companies ✗ NOT HALAL
DJIM Excluded — Shell Companies ✗ NOT HALAL
MSCI Excluded — Shell Companies ✗ NOT HALAL
S&P Excluded — Shell Companies ✗ NOT HALAL
FTSE Excluded — Shell Companies ✗ NOT HALAL

Financial Highlights

P/E Ratio
38.3
EPS
$0.30
P/B Ratio
-28.0
Revenue
$0
Beta
-0.0
Low volatility
Current Ratio
0.0

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Assets (ROA) -0.5%

Cash Flow & Balance Sheet

Operating Cash Flow-$419,849
Free Cash Flow-$419,849
Total Debt$400,000
Current Ratio0.0
Total Assets$250M

Price & Trading

Last Close$11.39
50-Day MA$11.44
200-Day MA$11.30
Avg Volume163K
Beta-0.0
52-Week Range
$10.22
$12.53

About Haymaker Acquisition Corp. 4 (HYAC)

CEO
Mr. Christopher Bradley
Sector
Financial Services
Industry
Shell Companies
Country
United States
Exchange
NYSE
Market Cap
$336M
Currency
USD

Haymaker Acquisition Corp. 4 does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to acquire and operate a business in the consumer and consumer-related products and services industries. The company was incorporated in 2023 and is based in New York, New York.

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Frequently Asked Questions

Is Haymaker Acquisition Corp. 4 (HYAC) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Haymaker Acquisition Corp. 4 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 Haymaker Acquisition Corp. 4's debt ratio?

Haymaker Acquisition Corp. 4's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Haymaker Acquisition Corp. 4's key financial metrics?

Haymaker Acquisition Corp. 4 has a market capitalization of $336M, trailing P/E ratio of 38.3.

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.