Is JOYY Inc. (JOYY) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.8% / 30% | 57.5% / 30% | 9.0% / 30% | 7.85% / 5% | ✗ NOT HALAL |
| DJIM | 1.8% / 33% | 57.5% / 33% | 9.0% / 33% | 7.85% / 5% | ✗ NOT HALAL |
| MSCI | 0.7% / 33% | 23.8% / 33% | 3.7% / 33% | 7.85% / 5% | ✗ NOT HALAL |
| S&P | 1.8% / 33% | 57.5% / 33% | 9.0% / 33% | 7.85% / 5% | ✗ NOT HALAL |
| FTSE | 0.7% / 33% | 23.8% / 33% | 3.7% / 50% | 7.85% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 35.9% | |
| Operating Margin | 3.1% | |
| Net Margin | 98.7% | |
| Return on Equity (ROE) | 36.8% | |
| Return on Assets (ROA) | 0.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $309M |
| Free Cash Flow | $224M |
| Total Debt | $56M |
| Debt-to-Equity | 0.5 |
| Current Ratio | 1.9 |
| Total Assets | $7.5B |
Price & Trading
| Last Close | $57.87 |
| 50-Day MA | $62.60 |
| 200-Day MA | $59.07 |
| Avg Volume | 380K |
| Beta | 0.5 |
|
52-Week Range
$37.53
| |
About JOYY Inc. (JOYY)
JOYY Inc., together with its subsidiaries, engages in the provision of social product matrix and communication technology. It operates through two segments, BIGO and All Other. The company operates Bigo Live, a social live streaming platform that provides an interactive online stage for users to host and watch live streaming sessions, share their life moments, showcase their talents, and interact with people; Likee, a short video social platform, which enables users to discover, create, and share short videos, with video creation tools and personalized feeds; and imo, an instant messenger platform that provides audio and video communication services. It also provides Bigo Ads, a mobile advertising platform, which connects advertisers and publishers; Hago, a social networking platform that offers casual games integrating social features, such as audio and video multi-user chatrooms and 3D virtual interactive party games; and Shopline, a smart commerce platform that provides solutions and services to enable merchants in creating and growing their brands online and reach customers through various sales channels, including e-commerce platforms, social commerce, and physical retail stores. The company operates in the North America, Europe, the Middle East, Southeast Asia, and internationally. The company was formerly known as YY Inc. and changed its name to JOYY Inc. in December 2019. JOYY Inc. was founded in 2005 and is headquartered in Singapore.
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Frequently Asked Questions
Is JOYY Inc. (JOYY) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), JOYY Inc. 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 JOYY Inc.'s debt ratio?
JOYY Inc.'s debt ratio is 1.8% 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 0.7%.
What are JOYY Inc.'s key financial metrics?
JOYY Inc. has a market capitalization of $2.9B, trailing P/E ratio of 13.6, and revenue of $2.2B. The company maintains a gross margin of 35.9% and a net margin of 98.7%. Return on equity stands at 36.8%.
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.