Is Linkage Global Inc (LGCB) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 18.0% / 30% | 4.1% / 30% | 91.9% / 30% | 1.38% / 5% | ✗ NOT HALAL |
| DJIM | 18.0% / 33% | 4.1% / 33% | 91.9% / 33% | 1.38% / 5% | ✗ NOT HALAL |
| MSCI | 15.2% / 33% | 3.4% / 33% | 77.6% / 33% | 1.38% / 5% | ✗ NOT HALAL |
| S&P | 18.0% / 33% | 4.1% / 33% | 91.9% / 33% | 1.38% / 5% | ✗ NOT HALAL |
| FTSE | 15.2% / 33% | 3.4% / 33% | 77.6% / 50% | 1.38% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 72.6% | |
| Operating Margin | -186.2% | |
| Net Margin | -144.5% | |
| Return on Equity (ROE) | -63.1% | |
| Return on Assets (ROA) | -16.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$5M |
| Free Cash Flow | -$5M |
| Total Debt | $3M |
| Debt-to-Equity | 19.8 |
| Current Ratio | 5.1 |
| Total Assets | $21M |
Price & Trading
| Last Close | $1.54 |
| 50-Day MA | $1.54 |
| 200-Day MA | $2.00 |
| Avg Volume | 72K |
| Beta | -1.0 |
|
52-Week Range
$1.22
| |
About Linkage Global Inc (LGCB)
Linkage Global Inc, through its subsidiaries, provides cross-border e-commerce integrated services in Japan, Hong Kong, and the People's Republic of China. It operates in two segments, EXTEND and Other Subsidiaries. The company offers cross-border sales operation, digital marketing services, and e-commerce operation training and software support services. It also provides agent services, cross border talent incubation, cross border trade, cross-global select supply chain, and software assist services. The company was founded in 2011 and is headquartered in Tokyo, Japan.
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Frequently Asked Questions
Is Linkage Global Inc (LGCB) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Linkage Global 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 Linkage Global Inc's debt ratio?
Linkage Global Inc's debt ratio is 18.0% 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 15.2%.
What are Linkage Global Inc's key financial metrics?
Linkage Global Inc has a market capitalization of $17M, and revenue of $5M. The company maintains a gross margin of 72.6% and a net margin of -144.5%. Return on equity stands at -63.1%.
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.