Is Platinum Analytics Cayman Ltd (PLTS) Halal?

NASDAQ Technology Singapore $316M
✗ NOT HALAL
Confidence: 83/100
Platinum Analytics Cayman Ltd (PLTS) is Not Halal under AAOIFI Standard 21. The company's impermissible income ratio of 6.29% exceeds the 5% threshold allowed under AAOIFI. Platinum Analytics Cayman Ltd operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from September 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.0%
/ 30%
0.8%
/ 30%
0.0%
/ 30%
6.29%
/ 5%
✗ NOT HALAL
DJIM 0.0%
/ 33%
0.8%
/ 33%
0.0%
/ 33%
6.29%
/ 5%
✗ NOT HALAL
MSCI 0.0%
/ 33%
40.2%
/ 33%
2.4%
/ 33%
6.29%
/ 5%
✗ NOT HALAL
S&P 0.0%
/ 33%
0.8%
/ 33%
0.0%
/ 33%
6.29%
/ 5%
✗ NOT HALAL
FTSE 0.0%
/ 33%
40.2%
/ 33%
2.4%
/ 50%
6.29%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
1750.0
EPS
$0.01
P/B Ratio
58.5
EV/EBITDA
-664.3
EV: $314M
Revenue
$2M
Growth: -77.7%
Current Ratio
7.1

Profitability

Gross Margin 64.5%
Operating Margin -3250.5%
Net Margin -120.7%
Return on Equity (ROE) -78.5%
Return on Assets (ROA) -8.7%

Cash Flow & Balance Sheet

Operating Cash Flow-$6M
Free Cash Flow-$6M
Debt-to-Equity15.9
Current Ratio7.1
Total Assets$6M

Price & Trading

Last Close$17.50
50-Day MA$17.50
200-Day MA$17.19
Avg Volume0
52-Week Range
$4.60
$19.50

About Platinum Analytics Cayman Ltd (PLTS)

CEO
Mr. Huiyi Zheng
Employees
6
Sector
Technology
Industry
Software - Application
Country
Singapore
Exchange
NASDAQ
Market Cap
$316M
Currency
USD

Platinum Analytics Cayman Limited operates as a software developer for financial institutions in Singapore. The company operates a spot FX trading platform, including the Electronic Communications Network (ECN), which provides brokerage-based trading solutions. Its products portfolio comprises Pricing Engine that enables real-time price discovery by aggregating liquidity, applying customizable spreads, and generating executable pricing for multiple currency pairs, as well as supports differentiated logic for regional trading venues and is optimized for onshore and offshore FX markets; Order Management System, which handles trade execution workflows across spot and forward FX with lifecycle tracking, execution routing, exception management, and support for straight-through processing; Autohedger that manages mid-desk exposure by automatically executing hedging strategies in response to real-time position changes; and AI Analytics Layer, which applies proprietary machine learning models to generate market insights, detect pricing anomalies, forecast short-term movements, and interpret market sentiment. The company also offers developer APIs and customization tools that supports integration with third-party systems and custom strategy development in Python or Java, and bespoke data ingestion adapters; clients onboarding support, API training, systems integration, and post-deployment optimization solutions; and works with banks internal workflows to ensure data handoff between internal systems, such as treasury management, risk control, and compliance monitoring platforms. It provides Platinum Smart Trade suite with tools, such as pricing engines, auto-hedging mechanisms, and order management systems; Platinum AI and Platinum ECN solutions; and software maintenance and other software related services. The company was incorporated in 2016 and is headquartered in Singapore. Platinum Analytics Cayman Limited is a subsidiary of Platinum Analytics Limited.

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Frequently Asked Questions

Is Platinum Analytics Cayman Ltd (PLTS) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Platinum Analytics Cayman Ltd 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 Platinum Analytics Cayman Ltd's debt ratio?

Platinum Analytics Cayman Ltd's debt ratio is 0.0% 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 0.0%.

What are Platinum Analytics Cayman Ltd's key financial metrics?

Platinum Analytics Cayman Ltd has a market capitalization of $316M, trailing P/E ratio of 1750.0, and revenue of $2M. The company maintains a gross margin of 64.5% and a net margin of -120.7%. Return on equity stands at -78.5%.

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.