Is Intelligent Living Application Group Inc. (ILAG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 20.3% / 30% | 24.9% / 30% | 5.7% / 30% | 1.11% / 5% | ✓ HALAL |
| DJIM | 20.3% / 33% | 24.9% / 33% | 5.7% / 33% | 1.11% / 5% | ✓ HALAL |
| MSCI | 7.2% / 33% | 8.9% / 33% | 2.0% / 33% | 1.11% / 5% | ✓ HALAL |
| S&P | 20.3% / 33% | 24.9% / 33% | 5.7% / 33% | 1.11% / 5% | ✓ HALAL |
| FTSE | 7.2% / 33% | 8.9% / 33% | 2.0% / 50% | 1.11% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 16.0% | |
| Operating Margin | -232.8% | |
| Net Margin | -126.8% | |
| Return on Equity (ROE) | -53.7% | |
| Return on Assets (ROA) | -29.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$3M |
| Free Cash Flow | -$3M |
| Total Debt | $1M |
| Debt-to-Equity | 15.7 |
| Current Ratio | 4.3 |
| Total Assets | $14M |
Price & Trading
| Last Close | $2.15 |
| 50-Day MA | $2.81 |
| 200-Day MA | $4.65 |
| Avg Volume | 41K |
| Beta | 1.5 |
|
52-Week Range
$2.04
| |
About Intelligent Living Application Group Inc. (ILAG)
Intelligent Living Application Group Inc., through its subsidiaries, manufactures and sells mechanical locksets to customers mainly in the United States and Canada. It offers locksets functions, deadbolts, entry locksets, privacy locksets, passage locksets, and storeroom locks under the Bamberg and Kambo brand names. The company offers locksets for outdoor uses, such as main entrances and gates, and indoor uses. Intelligent Living Application Group Inc. was founded in 1981 and is headquartered in Kwai Chung, Hong Kong.
Purification Calculator
As a halal stock with 1.11% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Intelligent Living Application Group Inc. (ILAG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Intelligent Living Application Group Inc. 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 Intelligent Living Application Group Inc.'s debt ratio?
Intelligent Living Application Group Inc.'s debt ratio is 20.3% 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 7.2%.
Does Intelligent Living Application Group Inc. require dividend purification?
Yes, Intelligent Living Application Group Inc. has an impermissible income ratio of 1.11%, which means 1.11% 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 Intelligent Living Application Group Inc.'s key financial metrics?
Intelligent Living Application Group Inc. has a market capitalization of $5M, and revenue of $8M. The company maintains a gross margin of 16.0% and a net margin of -126.8%. Return on equity stands at -53.7%.
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.