Is Paysign, Inc. (PAYS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.4% / 30% | 5.1% / 30% | 16.4% / 30% | 5.34% / 5% | ✗ NOT HALAL |
| DJIM | 1.4% / 33% | 5.1% / 33% | 16.4% / 33% | 5.34% / 5% | ✗ NOT HALAL |
| MSCI | 1.6% / 33% | 6.0% / 33% | 19.1% / 33% | 5.34% / 5% | ✗ NOT HALAL |
| S&P | 1.4% / 33% | 5.1% / 33% | 16.4% / 33% | 5.34% / 5% | ✗ NOT HALAL |
| FTSE | 1.6% / 33% | 6.0% / 33% | 19.1% / 50% | 5.34% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 59.4% | |
| Operating Margin | 7.1% | |
| Net Margin | 9.2% | |
| Return on Equity (ROE) | 19.1% | |
| Return on Assets (ROA) | 2.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $23M |
| Free Cash Flow | $13M |
| Total Debt | $3M |
| Debt-to-Equity | 12.4 |
| Current Ratio | 1.1 |
| Total Assets | $179M |
Price & Trading
| Last Close | $5.33 |
| 50-Day MA | $3.83 |
| 200-Day MA | $5.33 |
| Avg Volume | 334K |
| Beta | 1.0 |
|
52-Week Range
$1.80
| |
About Paysign, Inc. (PAYS)
Paysign, Inc. provides prepaid card programs, comprehensive patient affordability offerings, digital banking services, and integrated payment processing services for businesses, consumers, and government institutions. The company offers solutions for corporate rewards, prepaid gift cards, general-purpose reloadable debit cards, employee incentives, consumer rebates, donor compensation, clinical trials, healthcare reimbursement payments and pharmaceutical payment assistance, and demand deposit accounts accessible with a debit card and software solutions. It also operates a customer service center; and offers a communication suite, including mobile app, two-way SMS, text alerts, and cardholder web portal. The company markets its prepaid card solutions under the Paysign brand. It serves companies and municipalities that require payment solutions for rewards, rebates, payment assistance, and other payments to their customers, employees, agents, and others. Paysign, Inc. was founded in 2001 and is headquartered in Henderson, Nevada.
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Frequently Asked Questions
Is Paysign, Inc. (PAYS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Paysign, 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 Paysign, Inc.'s debt ratio?
Paysign, Inc.'s debt ratio is 1.4% 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 1.6%.
What are Paysign, Inc.'s key financial metrics?
Paysign, Inc. has a market capitalization of $310M, trailing P/E ratio of 43.2, and revenue of $58M. The company maintains a gross margin of 59.4% and a net margin of 9.2%. Return on equity stands at 19.1%.
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.