Is iOThree Ltd (IOTR) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 14.3% / 30% | 8.8% / 30% | 59.3% / 30% | 0.23% / 5% | ✗ NOT HALAL |
| DJIM | 14.3% / 33% | 8.8% / 33% | 59.3% / 33% | 0.23% / 5% | ✗ NOT HALAL |
| MSCI | 12.8% / 33% | 7.8% / 33% | 52.9% / 33% | 0.23% / 5% | ✗ NOT HALAL |
| S&P | 14.3% / 33% | 8.8% / 33% | 59.3% / 33% | 0.23% / 5% | ✗ NOT HALAL |
| FTSE | 12.8% / 33% | 7.8% / 33% | 52.9% / 50% | 0.23% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 20.3% | |
| Operating Margin | -1.9% | |
| Net Margin | -3.2% | |
| Return on Equity (ROE) | -12.8% | |
| Return on Assets (ROA) | -3.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $488,097 |
| Free Cash Flow | -$92,953 |
| Total Debt | $724,052 |
| Debt-to-Equity | 45.3 |
| Current Ratio | 1.4 |
| Total Assets | $6M |
Price & Trading
| Last Close | $2.07 |
| 50-Day MA | $2.64 |
| 200-Day MA | $3.40 |
| Avg Volume | 1.4M |
|
52-Week Range
$1.51
| |
About iOThree Ltd (IOTR)
iOThree Limited provides maritime digital technologies, satellite connectivity, and digitalization solutions to the maritime industry. The company operates through two segments, Satellite Connectivity Solution, and Digitalization and Other Solutions. It provides satellite connectivity services; and sales and/or leases satellite network equipment and devices for shipboard network management; IT support; shipboard support services for IT and OT applications enablement services, as well as designs digital solutions. The company also offers satellite communications and software solutions. In addition, it provides Just A Really Very Intelligent System (JARVISS) platform that support integrated solutions, asset optimization, and delivery of secured critical applications; and portfolio of digital solutions consist of V.Suite solutions, such as V.SIGHT AI camera surveillance, V.SION AR smart glasses, V.IoT shipboard monitoring and analytics, V.SECURE cybersecurity, and V.WEATHER route optimization, as well as an ERP system, including future ready intelligent digital assistant system (FRIDAY). The company operates in Singapore, Israel, Malaysia, Vietnam, the Republic of Marshall Islands, Thailand, Indonesia, the People's Republic of China, and internationally. The company was incorporated in 2019 and is headquartered in Singapore. iOThree Limited operates as a subsidiary of Io3 Strategic Investments Limited.
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Frequently Asked Questions
Is iOThree Ltd (IOTR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), iOThree 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 iOThree Ltd's debt ratio?
iOThree Ltd's debt ratio is 14.3% 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 12.8%.
What are iOThree Ltd's key financial metrics?
iOThree Ltd has a market capitalization of $6M, and revenue of $10M. The company maintains a gross margin of 20.3% and a net margin of -3.2%. Return on equity stands at -12.8%.
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.