Is QMMM Holdings Ltd (QMMM) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 0.0% / 30% | 0.0% / 30% | 0.07% / 5% | ✓ HALAL |
| DJIM | 0.0% / 33% | 0.0% / 33% | 0.0% / 33% | 0.07% / 5% | ✓ HALAL |
| MSCI | 2.6% / 33% | 8.3% / 33% | 4.5% / 33% | 0.07% / 5% | ✓ HALAL |
| S&P | 0.0% / 33% | 0.0% / 33% | 0.0% / 33% | 0.07% / 5% | ✓ HALAL |
| FTSE | 2.6% / 33% | 8.3% / 33% | 4.5% / 50% | 0.07% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.8% | |
| Operating Margin | -114.9% | |
| Net Margin | -150.1% | |
| Return on Equity (ROE) | -198.1% | |
| Return on Assets (ROA) | -62.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$6M |
| Free Cash Flow | -$6M |
| Total Debt | $154,254 |
| Debt-to-Equity | 1.6 |
| Current Ratio | 7.1 |
| Total Assets | $6M |
Price & Trading
| Last Close | $119.40 |
| 50-Day MA | $119.40 |
| 200-Day MA | $82.63 |
| Avg Volume | 0 |
|
52-Week Range
$0.64
| |
About QMMM Holdings Ltd (QMMM)
QMMM Holdings Limited, through its subsidiaries, provides digital media advertising and marketing production services primarily in Hong Kong. The company provides content and production services for ad campaigns, TV commercials, online video, 360 video and animation, VR/AR/MR technology, 3D scanning, motion capture, projection mapping, and digital façade production. It also offers virtual avatar and apparel technology services under the Quantum Human name; and a real-time auto-fitting services for virtual fashion and apparel under the Quantum Fit name. The company serves theme-parks, entertainment, real estate, banks, travel, retail and tech platform businesses, fashion, and luxury event, as well as finance, insurance, cosmetics, electronics, hospitality, social media, and other high-profile industries. QMMM Holdings Limited was incorporated in 2022 and is headquartered in Hong Kong, Hong Kong.
Purification Calculator
As a halal stock with 0.07% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is QMMM Holdings Ltd (QMMM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), QMMM Holdings 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 QMMM Holdings Ltd's debt ratio?
QMMM Holdings 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 2.6%.
Does QMMM Holdings Ltd require dividend purification?
Yes, QMMM Holdings Ltd has an impermissible income ratio of 0.07%, which means 0.07% 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 QMMM Holdings Ltd's key financial metrics?
QMMM Holdings Ltd has a market capitalization of $6.8B, and revenue of $3M. The company maintains a gross margin of 0.8% and a net margin of -150.1%. Return on equity stands at -198.1%.
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.