Is Mawson Infrastructure Group Inc. (MIGI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Capital Markets | ✗ NOT HALAL | |||
| DJIM | Excluded — Capital Markets | ✗ NOT HALAL | |||
| MSCI | Excluded — Capital Markets | ✗ NOT HALAL | |||
| S&P | Excluded — Capital Markets | ✗ NOT HALAL | |||
| FTSE | Excluded — Capital Markets | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 44.7% | |
| Operating Margin | 21.1% | |
| Net Margin | -24.3% | |
| Return on Assets (ROA) | -11.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $4M |
| Free Cash Flow | $2M |
| Total Debt | $25M |
| Current Ratio | 0.4 |
| Total Assets | $61M |
Price & Trading
| Last Close | $2.39 |
| 50-Day MA | $3.24 |
| 200-Day MA | $8.81 |
| Avg Volume | 166K |
| Beta | 4.2 |
|
52-Week Range
$1.82
| |
About Mawson Infrastructure Group Inc. (MIGI)
Mawson Infrastructure Group Inc. develops and operates digital infrastructure for digital currency on the bitcoin blockchain network in the United States. It engages in digital currency or bitcoin self-mining, customer co-location and related services, and energy markets, as well as operates data center facilities. The company is based in Midland, Pennsylvania.
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Frequently Asked Questions
Is Mawson Infrastructure Group Inc. (MIGI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Mawson Infrastructure Group 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 Mawson Infrastructure Group Inc.'s debt ratio?
Mawson Infrastructure Group 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 Mawson Infrastructure Group Inc.'s key financial metrics?
Mawson Infrastructure Group Inc. has a market capitalization of $2M, and revenue of $59M. The company maintains a gross margin of 44.7% and a net margin of -24.3%.
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.