Is IBEX Ltd (IBEX) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 17.0% / 30% | 3.7% / 30% | 28.9% / 30% | 0.17% / 5% | ✓ HALAL |
| DJIM | 17.0% / 33% | 3.7% / 33% | 28.9% / 33% | 0.17% / 5% | ✓ HALAL |
| MSCI | 25.5% / 33% | 5.6% / 33% | 43.4% / 33% | 0.17% / 5% | ✗ NOT HALAL |
| S&P | 17.0% / 33% | 3.7% / 33% | 28.9% / 33% | 0.17% / 5% | ✓ HALAL |
| FTSE | 25.5% / 33% | 5.6% / 33% | 43.4% / 50% | 0.17% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 30.4% | |
| Operating Margin | 9.3% | |
| Net Margin | 7.3% | |
| Return on Equity (ROE) | 33.6% | |
| Return on Assets (ROA) | 12.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $46M |
| Free Cash Flow | $27M |
| Total Debt | $70M |
| Debt-to-Equity | 41.6 |
| Current Ratio | 1.8 |
| Total Assets | $273M |
Price & Trading
| Last Close | $26.71 |
| 50-Day MA | $31.61 |
| 200-Day MA | $33.46 |
| Avg Volume | 134K |
| Beta | 0.7 |
|
52-Week Range
$21.64
| |
About IBEX Ltd (IBEX)
IBEX Limited provides end-to-end technology-enabled customer lifecycle experience solutions in the United States and internationally. The company's products and services portfolio includes ibex Connect that offers customer service, technical support, revenue generation, and other value-added outsourced back-office services through the CX model, which integrates voice, email, chat, SMS, social media, and other communication applications; ibex Digital, a customer acquisition solution that comprises digital marketing, e-commerce technology, and platform solutions; and ibex CX, which provides a suite to measure, monitor, and manage its clients' customer experiences. It operates customer engagement and customer acquisition delivery centers. The company serves banking and financial services, delivery and logistics, health tech and wellness, high tech, retail and e-commerce, streaming and entertainment, travel and hospitality, and utility industries. IBEX Limited was formerly known as IBEX Holdings Limited and changed its name to IBEX Limited in September 2019. The company was incorporated in 2017 and is headquartered in Washington, District of Columbia.
Purification Calculator
As a halal stock with 0.17% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is IBEX Ltd (IBEX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), IBEX 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 IBEX Ltd's debt ratio?
IBEX Ltd's debt ratio is 17.0% 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 25.5%.
Does IBEX Ltd require dividend purification?
Yes, IBEX Ltd has an impermissible income ratio of 0.17%, which means 0.17% 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 IBEX Ltd's key financial metrics?
IBEX Ltd has a market capitalization of $356M, trailing P/E ratio of 8.8, and revenue of $558M. The company maintains a gross margin of 30.4% and a net margin of 7.3%. Return on equity stands at 33.6%.
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.