Is Onfolio Holdings, Inc (ONFO) Halal?

NASDAQ Communication Services United States $4M
✗ NOT HALAL
Confidence: 90/100
Onfolio Holdings, Inc (ONFO) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 85.3% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Onfolio Holdings, Inc operates in the Communication Services sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 85.3%
/ 30%
15.6%
/ 30%
24.8%
/ 30%
5.72%
/ 5%
✗ NOT HALAL
DJIM 85.3%
/ 33%
15.6%
/ 33%
24.8%
/ 33%
5.72%
/ 5%
✗ NOT HALAL
MSCI 27.1%
/ 33%
5.0%
/ 33%
7.9%
/ 33%
5.72%
/ 5%
✗ NOT HALAL
S&P 85.3%
/ 33%
15.6%
/ 33%
24.8%
/ 33%
5.72%
/ 5%
✗ NOT HALAL
FTSE 27.1%
/ 33%
5.0%
/ 33%
7.9%
/ 50%
5.72%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.55
P/B Ratio
1.6
EV/EBITDA
-8.1
EV: $8M
Revenue
$8M
Growth: 36.3%
Beta
2.0
High volatility
Current Ratio
0.5

Profitability

Gross Margin 60.3%
Operating Margin -9.7%
Net Margin -21.3%
Return on Equity (ROE) -57.8%
Return on Assets (ROA) -17.4%

Cash Flow & Balance Sheet

Operating Cash Flow-$1M
Free Cash Flow-$1M
Total Debt$3M
Debt-to-Equity73.5
Current Ratio0.5
Total Assets$10M

Price & Trading

Last Close$0.70
50-Day MA$0.60
200-Day MA$0.90
Avg Volume181K
Beta2.0
52-Week Range
$0.46
$1.95

About Onfolio Holdings, Inc (ONFO)

CEO
Mr. Dominic Wells
Employees
29
Sector
Communication Services
Industry
Internet Content & Information
Country
United States
Exchange
NASDAQ
Market Cap
$4M
Currency
USD

Onfolio Holdings, Inc. acquires and develops internet businesses. The company operates into two segments, Business to Business (B2B) and Business to Consumers (B2C). It provides website management, digital services, advertising, and content placement on its websites; and product and digital product sales on various sites. Onfolio Holdings, Inc. was founded in 2019 and is based in Wilmington, Delaware.

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Frequently Asked Questions

Is Onfolio Holdings, Inc (ONFO) halal to invest in?

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

Onfolio Holdings, Inc's debt ratio is 85.3% 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 27.1%.

What are Onfolio Holdings, Inc's key financial metrics?

Onfolio Holdings, Inc has a market capitalization of $4M, and revenue of $8M. The company maintains a gross margin of 60.3% and a net margin of -21.3%. Return on equity stands at -57.8%.

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.