Is OLB GROUP, INC. (OLB) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 3.7% / 30% | 0.3% / 30% | 6.9% / 30% | 19.2% / 5% | ✗ NOT HALAL |
| DJIM | 3.7% / 33% | 0.3% / 33% | 6.9% / 33% | 19.2% / 5% | ✗ NOT HALAL |
| MSCI | 3.0% / 33% | 0.2% / 33% | 5.5% / 33% | 19.2% / 5% | ✗ NOT HALAL |
| S&P | 3.7% / 33% | 0.3% / 33% | 6.9% / 33% | 19.2% / 5% | ✗ NOT HALAL |
| FTSE | 3.0% / 33% | 0.2% / 33% | 5.5% / 50% | 19.2% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -13.2% | |
| Operating Margin | -49.1% | |
| Net Margin | -92.7% | |
| Return on Equity (ROE) | -149.7% | |
| Return on Assets (ROA) | -23.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$3M |
| Free Cash Flow | -$3M |
| Total Debt | $375,049 |
| Debt-to-Equity | 4.8 |
| Current Ratio | 0.1 |
| Total Assets | $13M |
Price & Trading
| Last Close | $0.49 |
| 50-Day MA | $0.63 |
| 200-Day MA | $1.11 |
| Avg Volume | 9.3M |
| Beta | 2.0 |
|
52-Week Range
$0.31
| |
About OLB GROUP, INC. (OLB)
The OLB Group, Inc. provides integrated financial and transaction processing services for small and mid-sized merchants in the United States. It operates through two segments: Fintech Services and Bitcoin Mining Business segments. The company operates CrowdPay, a crowdfunding platform used to facilitate a capital raise of various types of securities; and cloud-based business management platform that provides turnkey solutions for merchants to enable them to build and manage their retail businesses. It also operates eVance, which provides payment processing solutions to merchants, which enable merchants to process credit and debit card-based internet payments for sales of their products; and SecurePay, a payment gateway and virtual terminal with proprietary business management tools. Further, it is involved in the cryptocurrency mining activities; cryptocurrency-related services; and provision of ecommerce development and consulting services. The OLB Group, Inc. was founded in 1993 and is headquartered in New York, New York.
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Frequently Asked Questions
Is OLB GROUP, INC. (OLB) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), OLB GROUP, 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 OLB GROUP, INC.'s debt ratio?
OLB GROUP, INC.'s debt ratio is 3.7% 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 3.0%.
What are OLB GROUP, INC.'s key financial metrics?
OLB GROUP, INC. has a market capitalization of $9M, and revenue of $13M. The company maintains a gross margin of -13.2% and a net margin of -92.7%. Return on equity stands at -149.7%.
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.