Is Intchains Group Ltd (ICG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.4% / 30% | 670.2% / 30% | 36.5% / 30% | 5.76% / 5% | ✗ NOT HALAL |
| DJIM | 0.4% / 33% | 670.2% / 33% | 36.5% / 33% | 5.76% / 5% | ✗ NOT HALAL |
| MSCI | 0.0% / 33% | 47.8% / 33% | 2.6% / 33% | 5.76% / 5% | ✗ NOT HALAL |
| S&P | 0.4% / 33% | 670.2% / 33% | 36.5% / 33% | 5.76% / 5% | ✗ NOT HALAL |
| FTSE | 0.0% / 33% | 47.8% / 33% | 2.6% / 50% | 5.76% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 7.2% | |
| Operating Margin | -231.3% | |
| Net Margin | -23.6% | |
| Return on Equity (ROE) | -5.2% | |
| Return on Assets (ROA) | -6.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$138M |
| Free Cash Flow | -$148M |
| Total Debt | $272,000 |
| Debt-to-Equity | 0.1 |
| Current Ratio | 13.6 |
| Total Assets | $1.1B |
Price & Trading
| Last Close | $1.36 |
| 50-Day MA | $1.52 |
| 200-Day MA | $1.79 |
| Avg Volume | 53K |
| Beta | 1.6 |
|
52-Week Range
$0.93
| |
About Intchains Group Ltd (ICG)
Intchains Group Limited engages in the provision of altcoin mining products in the People's Republic of China. It focuses on designing and sales of application-specific integrated circuit chips for blockchain applications. The company also offers Xihe Platform, which integrates self-developed blockchain proof-of-work algorithms and related cryptographic algorithms, as well as systematic data analysis process. In addition, it offers ancillary software, hardware, and other products. It serves distributors. Intchains Group Limited was founded in 2017 and is based in Pudong, China.
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Frequently Asked Questions
Is Intchains Group Ltd (ICG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Intchains Group 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 Intchains Group Ltd's debt ratio?
Intchains Group Ltd's debt ratio is 0.4% 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 Intchains Group Ltd's key financial metrics?
Intchains Group Ltd has a market capitalization of $75M, and revenue of $282M. The company maintains a gross margin of 7.2% and a net margin of -23.6%. Return on equity stands at -5.2%.
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.