Is RESEARCH FRONTIERS INC (REFR) Halal?

NASDAQ Technology United States $31M
✗ NOT HALAL
Confidence: 90/100
RESEARCH FRONTIERS INC (REFR) is Not Halal under AAOIFI Standard 21. The company's impermissible income ratio of 9.77% exceeds the 5% threshold allowed under AAOIFI. RESEARCH FRONTIERS INC operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 3.9%
/ 30%
6.0%
/ 30%
2.0%
/ 30%
9.77%
/ 5%
✗ NOT HALAL
DJIM 3.9%
/ 33%
6.0%
/ 33%
2.0%
/ 33%
9.77%
/ 5%
✗ NOT HALAL
MSCI 32.1%
/ 33%
49.4%
/ 33%
16.3%
/ 33%
9.77%
/ 5%
✗ NOT HALAL
S&P 3.9%
/ 33%
6.0%
/ 33%
2.0%
/ 33%
9.77%
/ 5%
✗ NOT HALAL
FTSE 32.1%
/ 33%
49.4%
/ 33%
16.3%
/ 50%
9.77%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.06
P/B Ratio
31.8
EV/EBITDA
-14.8
EV: $31M
Revenue
$1M
Growth: -59.5%
Beta
0.5
Low volatility
Current Ratio
3.8

Profitability

Gross Margin -128.5%
Operating Margin -1072.5%
Net Margin -182.4%
Return on Equity (ROE) -115.6%
Return on Assets (ROA) -42.4%

Cash Flow & Balance Sheet

Operating Cash Flow-$788,819
Free Cash Flow-$790,442
Total Debt$1M
Debt-to-Equity124.9
Current Ratio3.8
Total Assets$4M

Price & Trading

Last Close$0.90
50-Day MA$1.06
200-Day MA$1.46
Avg Volume45K
Beta0.5
52-Week Range
$0.80
$2.70

About RESEARCH FRONTIERS INC (REFR)

CEO
Mr. Joseph M. Harary J.D.
Employees
5
Sector
Technology
Industry
Electronic Components
Country
United States
Exchange
NASDAQ
Market Cap
$31M
Currency
USD

Research Frontiers Incorporated, together with other subsidiary, engages in the development and marketing of technology and devices to control the flow of light worldwide. It develops and licenses suspended particle device (SPD-Smart) light-control technology to companies that manufacture and market the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, the light-control panels made by laminating the film, and electronics to power end-products incorporating the film, as well as lamination services for and the end-products, such as windows, skylights, and sunroofs. The company's SPD-Smart light-control technology is used in various product applications, including windows, sunshades, skylights, and interior partitions for homes and buildings; automotive windows, sunroofs, sun-visors, sunshades, rear-view mirrors, instrument panels, heads up displays and navigation systems; aircraft windows; museum display panels, and eyewear products; and flat panel displays for electronic products. It serves architectural, automotive, marine, and aerospace and appliance applications. The company was incorporated in 1965 and is headquartered in Woodbury, New York.

Related Halal Stocks in Technology

Frequently Asked Questions

Is RESEARCH FRONTIERS INC (REFR) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), RESEARCH FRONTIERS INC 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 RESEARCH FRONTIERS INC's debt ratio?

RESEARCH FRONTIERS INC's debt ratio is 3.9% 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 32.1%.

What are RESEARCH FRONTIERS INC's key financial metrics?

RESEARCH FRONTIERS INC has a market capitalization of $31M, and revenue of $1M. The company maintains a gross margin of -128.5% and a net margin of -182.4%. Return on equity stands at -115.6%.

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.