Is LM FUNDING AMERICA, INC. (LMFA) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Credit Services | ✗ NOT HALAL | |||
| DJIM | Excluded — Credit Services | ✗ NOT HALAL | |||
| MSCI | Excluded — Credit Services | ✗ NOT HALAL | |||
| S&P | Excluded — Credit Services | ✗ NOT HALAL | |||
| FTSE | Excluded — Credit Services | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 10.9% | |
| Operating Margin | -494.6% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -84.0% | |
| Return on Assets (ROA) | -56.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$12M |
| Free Cash Flow | -$14M |
| Total Debt | $8M |
| Debt-to-Equity | 71.5 |
| Current Ratio | 1.2 |
| Total Assets | $44M |
Price & Trading
| Last Close | $0.32 |
| 50-Day MA | $0.36 |
| 200-Day MA | $1.17 |
| Avg Volume | 405K |
|
52-Week Range
$0.29
| |
About LM FUNDING AMERICA, INC. (LMFA)
LM Funding America, Inc. operates as a cryptocurrency mining and specialty finance company. It operates through two segments, Specialty Finance and Bitcoin Mining Operations. The company also engages in Bitcoin mining operations; and provides funding to nonprofit community associations. LM Funding America, Inc. was founded in 2008 and is based in Tampa, Florida.
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Frequently Asked Questions
Is LM FUNDING AMERICA, INC. (LMFA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), LM FUNDING AMERICA, 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 LM FUNDING AMERICA, INC.'s debt ratio?
LM FUNDING AMERICA, INC.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are LM FUNDING AMERICA, INC.'s key financial metrics?
LM FUNDING AMERICA, INC. has a market capitalization of $4M, and revenue of $17M. Return on equity stands at -84.0%.
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.