Is MANHATTAN BRIDGE CAPITAL, INC (LOAN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 46.3% / 30% | 0.4% / 30% | 3.1% / 30% | 109.21% / 5% | ✗ NOT HALAL |
| DJIM | 46.3% / 33% | 0.4% / 33% | 3.1% / 33% | 109.21% / 5% | ✗ NOT HALAL |
| MSCI | 33.2% / 33% | 0.3% / 33% | 2.2% / 33% | 109.21% / 5% | ✗ NOT HALAL |
| S&P | 46.3% / 33% | 0.4% / 33% | 3.1% / 33% | 109.21% / 5% | ✗ NOT HALAL |
| FTSE | 33.2% / 33% | 0.3% / 33% | 2.2% / 50% | 109.21% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 74.2% | |
| Net Margin | 74.2% | |
| Return on Equity (ROE) | 12.2% | |
| Return on Assets (ROA) | 8.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $5M |
| Free Cash Flow | $5M |
| Total Debt | $23M |
| Debt-to-Equity | 35.1 |
| Current Ratio | 40.2 |
| Total Assets | $68M |
Price & Trading
| Last Close | $4.35 |
| 50-Day MA | $4.43 |
| 200-Day MA | $4.98 |
| Avg Volume | 28K |
| Beta | 0.2 |
|
52-Week Range
$4.13
| |
About MANHATTAN BRIDGE CAPITAL, INC (LOAN)
Manhattan Bridge Capital, Inc., a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States. The company offers short-term, secured, and non-banking loans to real estate investors to fund acquisition, renovation, rehabilitation, or development of residential or commercial properties. Its loans are secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the borrowers. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. Manhattan Bridge Capital, Inc. was founded in 1989 and is headquartered in Great Neck, New York.
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Frequently Asked Questions
Is MANHATTAN BRIDGE CAPITAL, INC (LOAN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MANHATTAN BRIDGE CAPITAL, 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 MANHATTAN BRIDGE CAPITAL, INC's debt ratio?
MANHATTAN BRIDGE CAPITAL, INC's debt ratio is 46.3% 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 33.2%.
What are MANHATTAN BRIDGE CAPITAL, INC's key financial metrics?
MANHATTAN BRIDGE CAPITAL, INC has a market capitalization of $51M, trailing P/E ratio of 9.5, and revenue of $7M. The company maintains a gross margin of 100.0% and a net margin of 74.2%. Return on equity stands at 12.2%.
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.