Is DIGITAL ALLY, INC. (KUST) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1132.2% / 30% | 59.4% / 30% | 711.9% / 30% | 0.35% / 5% | ✗ NOT HALAL |
| DJIM | 1132.2% / 33% | 59.4% / 33% | 711.9% / 33% | 0.35% / 5% | ✗ NOT HALAL |
| MSCI | 31.2% / 33% | 1.6% / 33% | 19.6% / 33% | 0.35% / 5% | ✓ HALAL |
| S&P | 1132.2% / 33% | 59.4% / 33% | 711.9% / 33% | 0.35% / 5% | ✗ NOT HALAL |
| FTSE | 31.2% / 33% | 1.6% / 33% | 19.6% / 50% | 0.35% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 22.7% | |
| Operating Margin | -24.7% | |
| Net Margin | -45.4% | |
| Return on Equity (ROE) | -334.5% | |
| Return on Assets (ROA) | -14.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$5M |
| Free Cash Flow | -$5M |
| Total Debt | $9M |
| Debt-to-Equity | 53.8 |
| Current Ratio | 1.0 |
| Total Assets | $28M |
Price & Trading
| Last Close | $0.57 |
| 50-Day MA | $1.32 |
| 200-Day MA | $4.21 |
| Avg Volume | 2.6M |
| Beta | 1.0 |
|
52-Week Range
$0.50
| |
About DIGITAL ALLY, INC. (KUST)
Kustom Entertainment, Inc. produces and sells digital video imaging, storage, and disinfectant and related safety products for use in law enforcement, security, and commercial applications in the United States. It operates through three segments: Video Solutions, Revenue Cycle Management, and Entertainment. The company offers in-car digital video mirror systems for law enforcement; in-car digital video event recorder systems for commercial fleets and fleet managers; a suite of data management web-based tools to assist fleet managers in the organization, archiving, and management of videos and telematics information; commercial line of digital video products that serve as event recorders; body-worn digital video systems for law enforcement and private security; and VuLink ecosystem that provides intuitive auto-activation functionality, as well as coordination between multiple recording devices. It also provides EVO Web, a web-based software that enables police departments and security agencies to manage digital video evidence quickly and easily; FleetVu and VuLink, which are cloud-based evidence management systems; ThermoVu, a non-contact temperature-screening instrument that measures temperature through the wrist and controls entry to facilities when temperature measurements exceed pre-determined parameters; and Shield disinfectants and cleansers for applications against viruses and bacteria. In addition, the company offers working capital and back-office services, including insurance and benefit verification, medical treatment documentation and coding, and collections to healthcare organizations; and operates TicketSmarter.com, an online ticketing marketplace for ticket sales, partnerships, and ticket resale services for live events, including concerts, sporting events, theatres, and performing arts. It serves online visitors; and medium to large healthcare organizations. The company was formerly known as Digital Ally, Inc. and changed its name to Kustom Entertainment, Inc. in January 2026. Kustom Entertainment, Inc. was founded in 2004 and is headquartered in Overland Park, Kansas.
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Frequently Asked Questions
Is DIGITAL ALLY, INC. (KUST) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), DIGITAL ALLY, 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 DIGITAL ALLY, INC.'s debt ratio?
DIGITAL ALLY, INC.'s debt ratio is 1132.2% 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 31.2%.
What are DIGITAL ALLY, INC.'s key financial metrics?
DIGITAL ALLY, INC. has a market capitalization of $408,513, and revenue of $20M. The company maintains a gross margin of 22.7% and a net margin of -45.4%. Return on equity stands at -334.5%.
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.