Is INNSUITES HOSPITALITY TRUST (IHT) Halal?
Shariah Screening — 5 Standards
Based on financial data from January 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 136.7% / 30% | 1.0% / 30% | 15.8% / 30% | 0.2% / 5% | ✗ NOT HALAL |
| DJIM | 136.7% / 33% | 1.0% / 33% | 15.8% / 33% | 0.2% / 5% | ✗ NOT HALAL |
| MSCI | 90.9% / 33% | 0.7% / 33% | 10.5% / 33% | 0.2% / 5% | ✗ NOT HALAL |
| S&P | 136.7% / 33% | 1.0% / 33% | 15.8% / 33% | 0.2% / 5% | ✗ NOT HALAL |
| FTSE | 90.9% / 33% | 0.7% / 33% | 10.5% / 50% | 0.2% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 44.0% | |
| Operating Margin | -10.0% | |
| Net Margin | -19.5% | |
| Return on Equity (ROE) | -206.0% | |
| Return on Assets (ROA) | -3.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$1M |
| Free Cash Flow | -$1M |
| Total Debt | $13M |
| Current Ratio | 1.1 |
| Total Assets | $14M |
Price & Trading
| Last Close | $1.02 |
| 50-Day MA | $1.13 |
| 200-Day MA | $1.60 |
| Avg Volume | 32K |
| Beta | -0.1 |
|
52-Week Range
$0.95
| |
About INNSUITES HOSPITALITY TRUST (IHT)
InnSuites Hospitality Trust (NYSE American symbol: IHT) first listed on the NYSE in 1971 is headquartered in Phoenix, Arizona is an unincorporated Ohio Business. Trust that owns and manages hotels under the InnSuites Hotels name. IHT qualifies as a Real Estate Investment Trust (REIT) for tax treatment currently taxed as a corporation with the IRS. IHT has paid dividends each year since 1971 currently at $0.2/year. There are approximately 9 million shares of stock outstanding. In addition, there are approximately 3 million RRF Partnership units convertible 1 to 1 into IHT stock. Total shares and units are approximately 12 million. While seeking diversification IHT became aware of the UniGen (UPI) efficient clean natural gas powered liquid cooled electric generator innovative company start up which benefited from a similar air cooled engine experience previously developed by another company in years past unable to survive the 2008 economic downturn. UniGen started in January 2020 to do the final design on the two production engines which have been proceeding on time and on budget in spite of the economic slowdown. Sales for 30 engines are already on the books of UniGen. IHT invested $1 million in a 6% convertible bond partially secured by one of the companies two prototypes. As part of this agreement IHT also received a total of 1.7 million warrants exercisable at One dollar per share for 1.5 million of the warrants and at $2.25 per share fo r the remaining 200,000 warrants.
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Frequently Asked Questions
Is INNSUITES HOSPITALITY TRUST (IHT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), INNSUITES HOSPITALITY TRUST 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 INNSUITES HOSPITALITY TRUST's debt ratio?
INNSUITES HOSPITALITY TRUST's debt ratio is 136.7% 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 90.9%.
What are INNSUITES HOSPITALITY TRUST's key financial metrics?
INNSUITES HOSPITALITY TRUST has a market capitalization of $9M, and revenue of $8M. The company maintains a gross margin of 44.0% and a net margin of -19.5%. Return on equity stands at -206.0%.
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.