Is Prenetics Global Ltd (PRENW) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| DJIM | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| MSCI | 2.7% / 33% | 29.4% / 33% | 2.6% / 33% | 6.66% / 5% | ✗ NOT HALAL |
| S&P | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| FTSE | 2.7% / 33% | 29.4% / 33% | 2.6% / 50% | 6.66% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 53.0% | |
| Operating Margin | -33.3% | |
| Net Margin | -63.1% | |
| Return on Equity (ROE) | -31.8% | |
| Return on Assets (ROA) | -11.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$29M |
| Free Cash Flow | -$30M |
| Total Debt | $6M |
| Debt-to-Equity | 1.0 |
| Current Ratio | 3.0 |
| Total Assets | $214M |
Price & Trading
| Last Close | $0.02 |
| Beta | 0.4 |
About Prenetics Global Ltd (PRENW)
Prenetics Global Limited, a health sciences company, focuses on advancing consumer health in Hong Kong, the United States, and internationally. It sells health and wellness products under the IM8 brand name; and provides fulfillment and distribution services for sports nutrition products under the Europa brand. The company is also involved in the operation of CircleDNA, a consumer genetic testing brand that uses next-generation sequencing (NGS) technology to provide comprehensive insights into health, wellness, and genetic predispositions. Prenetics Global Limited was founded in 2014 and is headquartered in Quarry Bay, Hong Kong.
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Frequently Asked Questions
Is Prenetics Global Ltd (PRENW) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Prenetics Global 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 Prenetics Global Ltd's debt ratio?
Prenetics Global Ltd's debt ratio is not available 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 2.7%.
What are Prenetics Global Ltd's key financial metrics?
Prenetics Global Ltd has a market capitalization of N/A, and revenue of $31M. The company maintains a gross margin of 53.0% and a net margin of -63.1%. Return on equity stands at -31.8%.
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.