Is NIP Group Inc. (NIPG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 19.5% / 30% | 12.8% / 30% | 29.7% / 30% | 2.78% / 5% | ✓ HALAL |
| DJIM | 19.5% / 33% | 12.8% / 33% | 29.7% / 33% | 2.78% / 5% | ✓ HALAL |
| MSCI | 6.1% / 33% | 4.0% / 33% | 9.3% / 33% | 2.78% / 5% | ✓ HALAL |
| S&P | 19.5% / 33% | 12.8% / 33% | 29.7% / 33% | 2.78% / 5% | ✓ HALAL |
| FTSE | 6.1% / 33% | 4.0% / 33% | 9.3% / 50% | 2.78% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | -0.6% | |
| Operating Margin | -21.8% | |
| Net Margin | -134.5% | |
| Return on Equity (ROE) | -77.2% | |
| Return on Assets (ROA) | -6.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$17M |
| Free Cash Flow | -$19M |
| Total Debt | $19M |
| Debt-to-Equity | 16.3 |
| Current Ratio | 0.9 |
| Total Assets | $313M |
Price & Trading
| Last Close | $0.72 |
| 50-Day MA | $0.90 |
| 200-Day MA | $1.48 |
| Avg Volume | 42K |
|
52-Week Range
$0.65
| |
About NIP Group Inc. (NIPG)
NIP Group Inc. enagges in the esports teams, operation, talent management service, and event production in the People's Republic of China and Sweden. It operates Ninjas in Pyjamas, a PC/console esports brand; and digital sports group ESV5, which includes eStar Gaming, a mobile esports entity. The company is also involved in esports team operations, talent management, event production, hospitality, and game publishing businesses. It operates in Abu Dhabi, United Arab Emirates, Stockholm, Sweden, Sao Paolo, Brazil, and both Shenzhen and Wuhan, China. The company is based in Stockholm, Sweden.
Purification Calculator
As a halal stock with 2.78% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is NIP Group Inc. (NIPG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), NIP Group Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is NIP Group Inc.'s debt ratio?
NIP Group Inc.'s debt ratio is 19.5% 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 6.1%.
Does NIP Group Inc. require dividend purification?
Yes, NIP Group Inc. has an impermissible income ratio of 2.78%, which means 2.78% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are NIP Group Inc.'s key financial metrics?
NIP Group Inc. has a market capitalization of $76M, and revenue of $85M. The company maintains a gross margin of -0.6% and a net margin of -134.5%. Return on equity stands at -77.2%.
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.