Is JBDI Holdings Ltd (JBDI) Halal?
Shariah Screening — 5 Standards
Based on financial data from May 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 16.4% / 30% | 1.5% / 30% | 16.1% / 30% | N/A | ✓ HALAL |
| DJIM | 16.4% / 33% | 1.5% / 33% | 16.1% / 33% | N/A | ✓ HALAL |
| MSCI | 45.5% / 33% | 4.3% / 33% | 44.8% / 33% | N/A | ✗ NOT HALAL |
| S&P | 16.4% / 33% | 1.5% / 33% | 16.1% / 33% | N/A | ✓ HALAL |
| FTSE | 45.5% / 33% | 4.3% / 33% | 44.8% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 37.8% | |
| Operating Margin | -0.2% | |
| Net Margin | -11.8% | |
| Return on Equity (ROE) | -20.1% | |
| Return on Assets (ROA) | -10.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1M |
| Free Cash Flow | $919,000 |
| Total Debt | $2M |
| Debt-to-Equity | 27.6 |
| Current Ratio | 4.5 |
| Total Assets | $4M |
Price & Trading
| Last Close | $0.64 |
| 50-Day MA | $0.74 |
| 200-Day MA | $1.06 |
| Avg Volume | 406K |
|
52-Week Range
$0.52
| |
About JBDI Holdings Ltd (JBDI)
JBDI Holdings Limited trades reconditioned and new containers in Singapore and the Southeast Asia region. It offers reconditioning and new steel drums, plastic drums, carboys, and intermediate bulk containers. The company also provides ancillary services to its customers, including reconditioning services for used containers; disposal and collection/delivery services; and wastewater treatment services. It serves solvent, chemical, petroleum, and edible product oil industries. The company was founded in 1983 and is based in Singapore. JBDI Holdings Limited is a subsidiary of E U Holdings Pte. Ltd.
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Frequently Asked Questions
Is JBDI Holdings Ltd (JBDI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), JBDI Holdings 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 JBDI Holdings Ltd's debt ratio?
JBDI Holdings Ltd's debt ratio is 16.4% 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 45.5%.
What are JBDI Holdings Ltd's key financial metrics?
JBDI Holdings Ltd has a market capitalization of $12M. The company maintains a gross margin of 37.8% and a net margin of -11.8%. Return on equity stands at -20.1%.
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.