Is Ohmyhome Ltd (OMH) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.7% / 30% | 4.0% / 30% | 1.8% / 30% | 0.7% / 5% | ✓ HALAL |
| DJIM | 2.7% / 33% | 4.0% / 33% | 1.8% / 33% | 0.7% / 5% | ✓ HALAL |
| MSCI | 7.2% / 33% | 10.6% / 33% | 4.8% / 33% | 0.7% / 5% | ✓ HALAL |
| S&P | 2.7% / 33% | 4.0% / 33% | 1.8% / 33% | 0.7% / 5% | ✓ HALAL |
| FTSE | 7.2% / 33% | 10.6% / 33% | 4.8% / 50% | 0.7% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 36.9% | |
| Operating Margin | -17.9% | |
| Net Margin | -33.7% | |
| Return on Equity (ROE) | -59.7% | |
| Return on Assets (ROA) | -16.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$3M |
| Free Cash Flow | -$3M |
| Total Debt | $774,846 |
| Debt-to-Equity | 6.0 |
| Current Ratio | 2.4 |
| Total Assets | $11M |
Price & Trading
| Last Close | $1.21 |
| 50-Day MA | $1.35 |
| 200-Day MA | $1.22 |
| Avg Volume | 488K |
| Beta | -0.4 |
|
52-Week Range
$0.59
| |
About Ohmyhome Ltd (OMH)
Ohmyhome Limited operates as a data and technology-driven property technology company in Singapore and Malaysia. It operates in two segments, the Brokerage, Emerging, and Another Related Service; and the Estate Management Services and Other Related Services. The company operates Ohmyhome, a property platform that provides end-to-end property solutions and services. It also offers brokerage, property management, and emerging and other services, such as listing and research services, mortgage referral services, legal services, insurance referral, and renovation and home services comprising air conditioning, cleaning, painting, handyman, moving, and relocation services. It also engages in the design, build, and project management of interior decoration projects for residential and commercial units. Ohmyhome Limited was founded in 2016 and is based in Singapore.
Purification Calculator
As a halal stock with 0.70% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Ohmyhome Ltd (OMH) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Ohmyhome Ltd 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 Ohmyhome Ltd's debt ratio?
Ohmyhome 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 7.2%.
Does Ohmyhome Ltd require dividend purification?
Yes, Ohmyhome Ltd has an impermissible income ratio of 0.70%, which means 0.70% 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 Ohmyhome Ltd's key financial metrics?
Ohmyhome Ltd has a market capitalization of $32M, and revenue of $11M. The company maintains a gross margin of 36.9% and a net margin of -33.7%. Return on equity stands at -59.7%.
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.