Is OneMedNet Corp (ONMDW) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| DJIM | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| MSCI | 235.1% / 33% | 81.1% / 33% | 5.7% / 33% | 58.32% / 5% | ✗ NOT HALAL |
| S&P | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| FTSE | 235.1% / 33% | 81.1% / 33% | 5.7% / 50% | 58.32% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -140.5% | |
| Operating Margin | -1262.7% | |
| Net Margin | 0.0% | |
| Return on Assets (ROA) | -197.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$7M |
| Free Cash Flow | -$7M |
| Total Debt | $9M |
| Current Ratio | 0.3 |
| Total Assets | $4M |
Price & Trading
| Last Close | $0.07 |
| Beta | 1.1 |
|
52-Week Range
$0.05
| |
About OneMedNet Corp (ONMDW)
OneMedNet Corporation, a healthcare software company, provides digital medical image management, exchange, and sharing solutions in the Americas, Europe, and the Middle East. The company offers iRWD, which provides regulatory grade imaging and clinical data in the pharmaceutical, device manufacturing, contract research organizations, and artificial intelligence markets markets; and BEAM, a medical imaging exchange platform between hospital/healthcare systems, imaging centers, physicians, and patients. OneMedNet Corporation is headquartered in Eden Prairie, Minnesota.
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Frequently Asked Questions
Is OneMedNet Corp (ONMDW) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), OneMedNet Corp 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 OneMedNet Corp's debt ratio?
OneMedNet Corp's debt ratio is not available 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 235.1%.
What are OneMedNet Corp's key financial metrics?
OneMedNet Corp has a market capitalization of N/A, and revenue of $643,000.
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.