Is MIND CTI LTD (MNDO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 3.2% / 30% | 61.9% / 30% | 10.8% / 30% | 3.5% / 5% | ✗ NOT HALAL |
| DJIM | 3.2% / 33% | 61.9% / 33% | 10.8% / 33% | 3.5% / 5% | ✗ NOT HALAL |
| MSCI | 2.7% / 33% | 51.3% / 33% | 9.0% / 33% | 3.5% / 5% | ✗ NOT HALAL |
| S&P | 3.2% / 33% | 61.9% / 33% | 10.8% / 33% | 3.5% / 5% | ✗ NOT HALAL |
| FTSE | 2.7% / 33% | 51.3% / 33% | 9.0% / 50% | 3.5% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 51.0% | |
| Operating Margin | 16.5% | |
| Net Margin | 13.4% | |
| Return on Equity (ROE) | 11.0% | |
| Return on Assets (ROA) | 4.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $4M |
| Free Cash Flow | $4M |
| Total Debt | $825,000 |
| Debt-to-Equity | 4.0 |
| Current Ratio | 3.8 |
| Total Assets | $31M |
Price & Trading
| Last Close | $1.18 |
| 50-Day MA | $1.19 |
| 200-Day MA | $1.21 |
| Avg Volume | 34K |
| Beta | 0.6 |
|
52-Week Range
$0.98
| |
About MIND CTI LTD (MNDO)
MIND C.T.I. Ltd., together with its subsidiaries, develops, manufactures, markets, sells, and implements billing and customer care software solutions in the Americas, Europe, Israel, the Asia Pacific, and Africa. It operates in two segments, Billing and Related Services, and Messaging. The company offers billing and customer care solutions that support various services, such as voice, data, and content services, as well as prepaid, postpaid, and pay-in-advance payment models in a single platform. Its solutions also include a workflow engine to support the implementation of business processes, including subscriber registration, order management, trouble ticket, and debt collection; and a point-of-sale solution that covers dealer, store and cashier management, and sales cycle related activities, as well as UC analytics solutions and call accounting systems. In addition, the company offers professional services comprising turnkey project delivery, customer support and maintenance, integration, customizations, and project management; and managed services, including day to day billing operational tasks. Further, it provides PhonEX ONE, a call management system that collects, records, and stores call information, which is used by organizations for telecom expense management, call accounting, traffic analysis, and fraud detection; and a mobile messaging platform. The company offers its products directly, as well as through distributors and resellers primarily to communication service providers, such as traditional wireline and wireless, voice over IP, broadband IP network operators, wireless internet service providers, LTE operators and 5G carriers, and mobile virtual network operators. MIND C.T.I. Ltd. was incorporated in 1995 and is headquartered in Yokneam Illit, Israel.
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Frequently Asked Questions
Is MIND CTI LTD (MNDO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MIND CTI LTD 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 MIND CTI LTD's debt ratio?
MIND CTI LTD's debt ratio is 3.2% 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 2.7%.
What are MIND CTI LTD's key financial metrics?
MIND CTI LTD has a market capitalization of $24M, trailing P/E ratio of 9.0. The company maintains a gross margin of 51.0% and a net margin of 13.4%. Return on equity stands at 11.0%.
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.