Is Jerash Holdings (US), Inc. (JRSH) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 13.3% / 30% | 34.5% / 30% | 7.9% / 30% | 0.29% / 5% | ✗ NOT HALAL |
| DJIM | 13.3% / 33% | 34.5% / 33% | 7.9% / 33% | 0.29% / 5% | ✗ NOT HALAL |
| MSCI | 6.2% / 33% | 16.1% / 33% | 3.7% / 33% | 0.29% / 5% | ✓ HALAL |
| S&P | 13.3% / 33% | 34.5% / 33% | 7.9% / 33% | 0.29% / 5% | ✗ NOT HALAL |
| FTSE | 6.2% / 33% | 16.1% / 33% | 3.7% / 50% | 0.29% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 16.2% | |
| Operating Margin | 4.7% | |
| Net Margin | 1.2% | |
| Return on Equity (ROE) | 2.9% | |
| Return on Assets (ROA) | 3.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1M |
| Free Cash Flow | -$675,968 |
| Total Debt | $5M |
| Debt-to-Equity | 15.2 |
| Current Ratio | 2.8 |
| Total Assets | $83M |
Price & Trading
| Last Close | $2.86 |
| 50-Day MA | $3.13 |
| 200-Day MA | $3.23 |
| Avg Volume | 70K |
| Beta | 1.0 |
|
52-Week Range
$2.81
| |
About Jerash Holdings (US), Inc. (JRSH)
Jerash Holdings (US), Inc., through its subsidiaries, manufactures and exports customized, ready-made sportswear, and outerwear through knitted fabrics. The company offers t-shirts, jackets, vests, pants, shorts, and polo shirts, as well as personal protective equipment. It serves various brands and retailers in the United States, Hong Kong, Germany, China, Jordan, and internationally. Jerash Holdings (US), Inc. was incorporated in 2016 and is based in Fairfield, New Jersey.
Related Halal Stocks in Consumer Cyclical
Frequently Asked Questions
Is Jerash Holdings (US), Inc. (JRSH) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Jerash Holdings (US), 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 Jerash Holdings (US), Inc.'s debt ratio?
Jerash Holdings (US), Inc.'s debt ratio is 13.3% 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 6.2%.
What are Jerash Holdings (US), Inc.'s key financial metrics?
Jerash Holdings (US), Inc. has a market capitalization of $37M, trailing P/E ratio of 20.7, and revenue of $146M. The company maintains a gross margin of 16.2% and a net margin of 1.2%. Return on equity stands at 2.9%.
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.