Is KNRX (KNRX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 16.5% / 30% | 2.4% / 30% | 6.4% / 30% | 0.27% / 5% | ✓ HALAL |
| DJIM | 16.5% / 33% | 2.4% / 33% | 6.4% / 33% | 0.27% / 5% | ✓ HALAL |
| MSCI | 106.3% / 33% | 15.2% / 33% | 41.4% / 33% | 0.27% / 5% | ✗ NOT HALAL |
| S&P | 16.5% / 33% | 2.4% / 33% | 6.4% / 33% | 0.27% / 5% | ✓ HALAL |
| FTSE | 106.3% / 33% | 15.2% / 33% | 41.4% / 50% | 0.27% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 43.8% | |
| Operating Margin | -128.4% | |
| Net Margin | -92.8% | |
| Return on Assets (ROA) | -84.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$5M |
| Free Cash Flow | -$6M |
| Total Debt | $6M |
| Current Ratio | 0.1 |
| Total Assets | $5M |
Price & Trading
| Last Close | $1.30 |
| 50-Day MA | $1.21 |
| 200-Day MA | $1.63 |
| Avg Volume | 1.8M |
|
52-Week Range
$0.76
| |
About KNRX (KNRX)
Knorex Ltd., a B2B technology company, specializes in providing programmatic advertising products and solutions to marketers to streamline and automate their advertising and marketing workflows. The company's cloud-based software autonomously executes advertisement purchasing transactions, strategically acquires advertising placements, and optimizes online advertisement from the global advertisement and data marketplaces. The company's flagship product, Knorex XPO, is a self-service enterprise-grade cloud platform with a comprehensive suite of advertising management and execution (AMX) applications. The company's platform enables marketers to orchestrate omni-channel advertising across the open Internet and the native platforms. It enables marketers to manage and control online advertising processes from a centralized UI, to advertise across a diverse range of ad channels including search, social media, apps, websites, desktop, mobile, smart TVs or connected televisions, streaming devices, and digital billboards. The company also provides product management, creative design support, technical development, research and development, customer and technical support, software testing, and quality assurance and control services. The company caters to customers in the United States, Singapore, Vietnam, India and Malaysia. Knorex Pte. Ltd. was founded in 2009 and is based in Singapore.
Purification Calculator
As a halal stock with 0.27% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is KNRX (KNRX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), KNRX 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 KNRX's debt ratio?
KNRX's debt ratio is 16.5% 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 106.3%.
Does KNRX require dividend purification?
Yes, KNRX has an impermissible income ratio of 0.27%, which means 0.27% 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 KNRX's key financial metrics?
KNRX has a market capitalization of $40M, and revenue of $11M. The company maintains a gross margin of 43.8% and a net margin of -92.8%.
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.