Is Nano Dimension Ltd. (NNDM) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.7% / 30% | 190.7% / 30% | 3.2% / 30% | 73.69% / 5% | ✗ NOT HALAL |
| DJIM | 2.7% / 33% | 190.7% / 33% | 3.2% / 33% | 73.69% / 5% | ✗ NOT HALAL |
| MSCI | 1.2% / 33% | 84.0% / 33% | 1.4% / 33% | 73.69% / 5% | ✗ NOT HALAL |
| S&P | 2.7% / 33% | 190.7% / 33% | 3.2% / 33% | 73.69% / 5% | ✗ NOT HALAL |
| FTSE | 1.2% / 33% | 84.0% / 33% | 1.4% / 50% | 73.69% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 35.6% | |
| Operating Margin | -128.4% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -7.3% | |
| Return on Assets (ROA) | -6.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$57M |
| Free Cash Flow | -$60M |
| Total Debt | $11M |
| Debt-to-Equity | 5.5 |
| Current Ratio | 3.5 |
| Total Assets | $902M |
Price & Trading
| Last Close | $1.79 |
| 50-Day MA | $1.86 |
| 200-Day MA | $1.64 |
| Avg Volume | 2.3M |
| Beta | 1.0 |
|
52-Week Range
$1.31
| |
About Nano Dimension Ltd. (NNDM)
Nano Dimension Ltd., together with its subsidiaries, provides industrial manufacturing solutions for design-to-manufacturing of electronics and mechanical parts in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its product groups include advanced hydraulic systems; resins; dental parts services; binder jetting products for metal and sandcasting; additively manufactured electronics; additive manufacturing digital light processing-based systems for industrial and health applications; surface-mount technology products; digital printing sub-components hardware and software; and desktop and industrial fused filament fabrication solutions. The company sells its products to aerospace, defense, automotive, electronics, medical, research, and academia, as well as government organizations. Nano Dimension Ltd. is headquartered in Waltham, Massachusetts.
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Frequently Asked Questions
Is Nano Dimension Ltd. (NNDM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Nano Dimension 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 Nano Dimension Ltd.'s debt ratio?
Nano Dimension Ltd.'s debt ratio is 2.7% 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 1.2%.
What are Nano Dimension Ltd.'s key financial metrics?
Nano Dimension Ltd. has a market capitalization of $369M, and revenue of $58M. Return on equity stands at -7.3%.
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.