Is PS International Group Ltd. (PSIG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.2% / 30% | 14.9% / 30% | 25.5% / 30% | 0.08% / 5% | ✓ HALAL |
| DJIM | 0.2% / 33% | 14.9% / 33% | 25.5% / 33% | 0.08% / 5% | ✓ HALAL |
| MSCI | 0.5% / 33% | 33.1% / 33% | 56.7% / 33% | 0.08% / 5% | ✗ NOT HALAL |
| S&P | 0.2% / 33% | 14.9% / 33% | 25.5% / 33% | 0.08% / 5% | ✓ HALAL |
| FTSE | 0.5% / 33% | 33.1% / 33% | 56.7% / 50% | 0.08% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 3.5% | |
| Operating Margin | -8.4% | |
| Net Margin | -6.8% | |
| Return on Equity (ROE) | -40.7% | |
| Return on Assets (ROA) | -19.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$2M |
| Free Cash Flow | -$2M |
| Total Debt | $131,325 |
| Debt-to-Equity | 0.7 |
| Current Ratio | 3.2 |
| Total Assets | $25M |
Price & Trading
| Last Close | $5.70 |
| 50-Day MA | $5.43 |
| 200-Day MA | $4.13 |
| Avg Volume | 51K |
| Beta | -0.3 |
|
52-Week Range
$2.14
| |
About PS International Group Ltd. (PSIG)
PS International Group Ltd., through its subsidiaries, operates as a freight forwarding service provider worldwide. It provides air and ocean export and import freight forwarding services; optional ancillary logistics related services, such as cargo pick up, cargo handling at ports, and local transportation; and warehousing-related services, including repackaging, labelling, palletization, shipping documentation, customs clearance, and warehousing. The company was founded in 1993 and is headquartered in Kwai Chung, Hong Kong. PS International Group Ltd. is a subsidiary of Grand Pro Development Limited.
Purification Calculator
As a halal stock with 0.08% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is PS International Group Ltd. (PSIG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), PS International Group Ltd. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is PS International Group Ltd.'s debt ratio?
PS International Group Ltd.'s debt ratio is 0.2% 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 0.5%.
Does PS International Group Ltd. require dividend purification?
Yes, PS International Group Ltd. has an impermissible income ratio of 0.08%, which means 0.08% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are PS International Group Ltd.'s key financial metrics?
PS International Group Ltd. has a market capitalization of $52M, and revenue of $87M. The company maintains a gross margin of 3.5% and a net margin of -6.8%. Return on equity stands at -40.7%.
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.