Is PicS N.V. (PICS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 41.4% / 30% | 151.8% / 30% | 283.6% / 30% | 0.0% / 5% | ✗ NOT HALAL |
| DJIM | 41.4% / 33% | 151.8% / 33% | 283.6% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| MSCI | 2.8% / 33% | 10.2% / 33% | 19.0% / 33% | 0.0% / 5% | ✓ HALAL |
| S&P | 41.4% / 33% | 151.8% / 33% | 283.6% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| FTSE | 2.8% / 33% | 10.2% / 33% | 19.0% / 50% | 0.0% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 93.3% | |
| Operating Margin | 32.8% | |
| Net Margin | 10.6% | |
| Return on Equity (ROE) | 40.4% | |
| Return on Assets (ROA) | 7.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $2.3B |
| Free Cash Flow | $1.7B |
| Total Debt | $758M |
| Debt-to-Equity | 41.5 |
| Current Ratio | 0.9 |
| Total Assets | $27.3B |
Price & Trading
| Last Close | $11.31 |
| 50-Day MA | $14.87 |
| 200-Day MA | $14.87 |
| Avg Volume | 1.1M |
|
52-Week Range
$10.22
| |
About PicS N.V. (PICS)
Pics N.V. operates as a digital financial services company that provides digital wallet and application for individuals and businesses in Brazil. It offers a range of transactional products for its consumers, including Pix, an instant payment system, peer-to-peer between PicPay accounts, bill payments, payroll portability, global account, and a payment assistant that helps consumers organize, centralize, and settle bills through an integrated hub. The company also provides multipurpose cards; personal loans; instalment payments; payroll loans for public servants, retirees, and pensioners; private payroll loans for formally employed workers; and access to the FGTS annual birthday withdrawal program. In addition, it offers digital insurance distribution platform with products, such as digital wallet insurance, PicPay Card bill protection, credit life insurance, smartphone protection, life insurance, home insurance, and others, as well as provides a range of products to various investor profiles and financial goals. Further, the company offers a portfolio of products in QR Code payments for small and medium-sized businesses; banking services; corporate benefits and salary advances; PicPay Shop that offers consumers to purchase a range of products and services; and PicPay Ads, an advertising platform designed to enable brands to reach engaged consumer base through contextualized placements within the app. Pics N.V. was formerly known as Picpay Holdings Netherlands B.V. The company was founded in 2012 and is based in São Paulo, Brazil. Pics N.V. is a subsidiary of Jf International B.v.
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Frequently Asked Questions
Is PicS N.V. (PICS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), PicS N.V. 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 PicS N.V.'s debt ratio?
PicS N.V.'s debt ratio is 41.4% 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 2.8%.
What are PicS N.V.'s key financial metrics?
PicS N.V. has a market capitalization of $1.3B, trailing P/E ratio of 6.1, and revenue of $3.8B. The company maintains a gross margin of 93.3% and a net margin of 10.6%. Return on equity stands at 40.4%.
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.