Is Plutus Financial Group Ltd (PLUT) Halal?

NASDAQ Financial Services Hong Kong $47M
✗ NOT HALAL
Confidence: 95/100
Plutus Financial Group Ltd (PLUT) is Not Halal under AAOIFI Standard 21 due to its classification in the Capital Markets industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Capital Markets ✗ NOT HALAL
DJIM Excluded — Capital Markets ✗ NOT HALAL
MSCI Excluded — Capital Markets ✗ NOT HALAL
S&P Excluded — Capital Markets ✗ NOT HALAL
FTSE Excluded — Capital Markets ✗ NOT HALAL

Financial Highlights

EPS
$-0.18
P/B Ratio
3.4
Revenue
$10M
Growth: -47.7%
Current Ratio
6.3

Profitability

Gross Margin 74.0%
Operating Margin -1181.9%
Net Margin -196.2%
Return on Equity (ROE) -23.8%
Return on Assets (ROA) -18.1%

Cash Flow & Balance Sheet

Operating Cash Flow-$8M
Free Cash Flow-$9M
Total Debt$2M
Debt-to-Equity1.5
Current Ratio6.3
Total Assets$72M

Price & Trading

Last Close$3.03
50-Day MA$3.17
200-Day MA$3.18
Avg Volume9K
52-Week Range
$2.04
$4.19

About Plutus Financial Group Ltd (PLUT)

CEO
Mr. Ting Kin Cheung
Employees
10
Sector
Financial Services
Industry
Capital Markets
Country
Hong Kong
Exchange
NASDAQ
Market Cap
$47M
Currency
USD

Plutus Financial Group Limited, through its subsidiaries, provides financial services in Hong Kong. It operates through two segments, Securities Related Services and Asset Management Services. The company offers securities dealing and brokerage, margin financing, and underwriting and placing services. It also provides investment advisory services; trading; and securities custody and nominee services. The company serves listed companies and initial public offering listing applicants, as well as private companies, high net worth individuals, and retails individuals. The company was founded in 2018 and is based in Wan Chai, Hong Kong.

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Frequently Asked Questions

Is Plutus Financial Group Ltd (PLUT) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Plutus Financial Group 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 Plutus Financial Group Ltd's debt ratio?

Plutus Financial Group Ltd's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Plutus Financial Group Ltd's key financial metrics?

Plutus Financial Group Ltd has a market capitalization of $47M, and revenue of $10M. The company maintains a gross margin of 74.0% and a net margin of -196.2%. Return on equity stands at -23.8%.

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.