Is OBOOK HOLDINGS INC. (OWLS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.2% / 30% | 0.9% / 30% | 0.1% / 30% | 0.99% / 5% | ✓ HALAL |
| DJIM | 1.2% / 33% | 0.9% / 33% | 0.1% / 33% | 0.99% / 5% | ✓ HALAL |
| MSCI | 26.2% / 33% | 19.3% / 33% | 1.6% / 33% | 0.99% / 5% | ✓ HALAL |
| S&P | 1.2% / 33% | 0.9% / 33% | 0.1% / 33% | 0.99% / 5% | ✓ HALAL |
| FTSE | 26.2% / 33% | 19.3% / 33% | 1.6% / 50% | 0.99% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 12.1% | |
| Operating Margin | -164.3% | |
| Net Margin | -113.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$9M |
| Free Cash Flow | -$10M |
| Total Debt | $6M |
| Current Ratio | 0.7 |
| Total Assets | $23M |
Price & Trading
| Last Close | $5.93 |
| 50-Day MA | $5.97 |
| 200-Day MA | $8.03 |
| Avg Volume | 37K |
|
52-Week Range
$5.15
| |
About OBOOK HOLDINGS INC. (OWLS)
Obook Holdings Inc. operates as a blockchain technology company in the United States, Japan, Singapore, Hong Kong, Malaysia, and Thailand, South America, and the European Union. The company offers fintech, e-commerce, hospitality, and payments offerings to businesses and individuals whose commercial activities involve cross-border transactions. It also provides OwlTing Market, an e-commerce platform designed to connect local Taiwanese farmers and merchants with their customers; OwlTing Blockchain Services, a blockchain traceability solution that empowers organic farmers with transparency of their business and operations; OwlNest, a hotel property management system or PMS, that leverages blockchain technology to prevent double bookings; OwlJourney; an online travel agency (OTA) platform; OwlTing Experiences, focuses on offering curated local activity and tour options for lodging guests, enriching their travel experiences beyond accommodations; and OwlPay, an application programming interface (Api) based payment suite with secure, real-time, and cost-effective one-stop payment solutions covering a range of services from payment gateway to business payout; OwlStay that provides travelers with room accommodation services; and OwlPay Wallet Pro, a platform product that provides a hosted wallet for business customers and an unhosted wallet for individual users. In addition, it offers fintech services, such as OwlPay Harbour, global on and off ramp services; OwlPay Payment-Stablecoin, a solution for seamless global transactions; OwlPay Wallet Pro-Enterprise, a solution for lower transaction fees and faster payments; and AML KYC, a compliance solution. It serves its blockchain services to healthcare, aviation, agriculture, food processing, travel and hospitality, manufacturing, logistics and livestock farming industries, as well as collaboration with the forestry bureau. The company was founded in 2010 and is headquartered in Taipei, Taiwan.
Purification Calculator
As a halal stock with 0.99% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is OBOOK HOLDINGS INC. (OWLS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), OBOOK HOLDINGS INC. 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 OBOOK HOLDINGS INC.'s debt ratio?
OBOOK HOLDINGS INC.'s debt ratio is 1.2% 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 26.2%.
Does OBOOK HOLDINGS INC. require dividend purification?
Yes, OBOOK HOLDINGS INC. has an impermissible income ratio of 0.99%, which means 0.99% 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 OBOOK HOLDINGS INC.'s key financial metrics?
OBOOK HOLDINGS INC. has a market capitalization of $515M, and revenue of $8M. The company maintains a gross margin of 12.1% and a net margin of -113.1%.
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.