Is Netcapital Inc. (NCPL) Halal?

NASDAQ Financial Services United States $3M
✗ NOT HALAL
Confidence: 95/100
Netcapital Inc. (NCPL) is Not Halal under AAOIFI Standard 21 due to its classification in the Capital Markets industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from April 2025

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

EPS
$-15.17
P/B Ratio
0.1
EV/EBITDA
-0.5
EV: $4M
Revenue
$869,460
Growth: -38.2%
Beta
0.7
Low volatility
Current Ratio
0.3

Profitability

Gross Margin 98.1%
Operating Margin -2362.2%
Net Margin 0.0%
Return on Equity (ROE) -99.5%
Return on Assets (ROA) -18.2%

Cash Flow & Balance Sheet

Operating Cash Flow-$5M
Free Cash Flow-$5M
Total Debt$3M
Debt-to-Equity11.2
Current Ratio0.3
Total Assets$21M

Price & Trading

Last Close$0.38
50-Day MA$0.56
200-Day MA$1.98
Avg Volume844K
Beta0.7
52-Week Range
$0.34
$8.75

About Netcapital Inc. (NCPL)

CEO
Mr. Rich Wheeless
Employees
23
Sector
Financial Services
Industry
Capital Markets
Country
United States
Exchange
NASDAQ
Market Cap
$3M
Currency
USD

Netcapital Inc. operates as a fintech company with a technology platform that allows private companies to raise capital online and provides private equity investment opportunities to investors in the United States. The company's Netcapital Advisors offers marketing and strategic advice and takes equity positions in select companies. It also provides various services, including an automated onboarding process, filing of required regulatory documents, compliance review, a custom-built offering page on its portal website, email marketing, third-party transfer agent and custodial services, and rolling closes, which provide access to liquidity before the final close date of offerings, as well as assistance with annual filings and direct access to the team for ongoing support. In addition, the company offers advisory services, which include incubation of technology start-ups, investor introductions, online marketing, website design and software development, message crafting including pitch decks, offering pages, and ad creation, strategic advice, and technology consulting services. Netcapital Inc. is based in Boston, Massachusetts.

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Frequently Asked Questions

Is Netcapital Inc. (NCPL) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Netcapital 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 Netcapital Inc.'s debt ratio?

Netcapital 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 Netcapital Inc.'s key financial metrics?

Netcapital Inc. has a market capitalization of $3M, and revenue of $869,460. Return on equity stands at -99.5%.

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.