Is noco-noco Inc. (NCNCF) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 1542.7% / 30% | 90.5% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 0.0% / 33% | 1542.7% / 33% | 90.5% / 33% | N/A | ✗ NOT HALAL |
| MSCI | 0.0% / 33% | 87.0% / 33% | 5.1% / 33% | N/A | ✗ NOT HALAL |
| S&P | 0.0% / 33% | 1542.7% / 33% | 90.5% / 33% | N/A | ✗ NOT HALAL |
| FTSE | 0.0% / 33% | 87.0% / 33% | 5.1% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Assets (ROA) | -845.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$865,215 |
| Free Cash Flow | -$865,215 |
| Total Debt | $0 |
| Current Ratio | 0.1 |
| Total Assets | $502,544 |
Price & Trading
| Last Close | $0.00 |
| 50-Day MA | $0.00 |
| 200-Day MA | $0.00 |
| Avg Volume | 6K |
| Beta | 3.9 |
|
52-Week Range
$0.00
| |
About noco-noco Inc. (NCNCF)
noco-noco Inc. operates as an early-stage decarbonization solution provider in Asia. The company engages in the leasing of battery products, including batteries and BEVs to commercial transportation companies, and of ESS to renewable power plants and other power plants requiring grid stabilization and backup power; and the provision of carbon abatement solutions for landowners and carbon credit sales. It provides geo-survey services and map carbon sequestration capabilities of clients. In addition, the company offers carbon-based feasibility studies, and geo-fencing and analysis of the land for the identification of carbon emissions and other governmental documents for the issue of carbon credits. noco-noco Inc. is based in Singapore.
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Frequently Asked Questions
Is noco-noco Inc. (NCNCF) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), noco-noco 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 noco-noco Inc.'s debt ratio?
noco-noco Inc.'s debt ratio is 0.0% 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 0.0%.
What are noco-noco Inc.'s key financial metrics?
noco-noco Inc. has a market capitalization of $28,338.
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.