Is Rekor Systems, Inc. (REKR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 26.9% / 30% | 4.2% / 30% | 6.3% / 30% | 0.79% / 5% | ✓ HALAL |
| DJIM | 26.9% / 33% | 4.2% / 33% | 6.3% / 33% | 0.79% / 5% | ✓ HALAL |
| MSCI | 39.3% / 33% | 6.1% / 33% | 9.2% / 33% | 0.79% / 5% | ✗ NOT HALAL |
| S&P | 26.9% / 33% | 4.2% / 33% | 6.3% / 33% | 0.79% / 5% | ✓ HALAL |
| FTSE | 39.3% / 33% | 6.1% / 33% | 9.2% / 50% | 0.79% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 53.9% | |
| Operating Margin | -28.0% | |
| Net Margin | -89.8% | |
| Return on Equity (ROE) | -114.7% | |
| Return on Assets (ROA) | -20.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$32M |
| Free Cash Flow | -$34M |
| Total Debt | $32M |
| Debt-to-Equity | 82.0 |
| Current Ratio | 1.4 |
| Total Assets | $82M |
Price & Trading
| Last Close | $0.81 |
| 50-Day MA | $0.99 |
| 200-Day MA | $1.46 |
| Avg Volume | 2.6M |
| Beta | 2.1 |
|
52-Week Range
$0.62
| |
About Rekor Systems, Inc. (REKR)
Rekor Systems, Inc. provides infrastructure solutions for public safety, urban mobility, and transportation management markets in the United States and internationally. The company offers Rekor One, a roadway intelligence engine; Rekor Command for transportation management; Rekor Discover for urban mobility; Rekor Scout for public safety; Rekor AutoNotice, cloud-based financial management application for contactless compliance; and Rekor CarCheck, an artificial intelligence (AI) based vehicle and license plate recognition technology. It also provides Rekor Edge Max, a fixed traffic data collection system that captures and transforms roadway data into holistic traffic insights; Rekor Edge Pro, a vehicle recognition solution that is used on a standalone basis or integrated into a network; and Rekor Edge Flex, a portable data collection system. In addition, the company provides traffic services, including traditional traffic studies for permanent and temporary traffic analytics projects; AI-driven traffic studies for traffic management; and traffic engineering services. Rekor Systems, Inc. was incorporated in 2017 and is headquartered in Columbia, Maryland.
Purification Calculator
As a halal stock with 0.79% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Rekor Systems, Inc. (REKR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Rekor Systems, Inc. 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 Rekor Systems, Inc.'s debt ratio?
Rekor Systems, Inc.'s debt ratio is 26.9% 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 39.3%.
Does Rekor Systems, Inc. require dividend purification?
Yes, Rekor Systems, Inc. has an impermissible income ratio of 0.79%, which means 0.79% 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 Rekor Systems, Inc.'s key financial metrics?
Rekor Systems, Inc. has a market capitalization of $105M, and revenue of $46M. The company maintains a gross margin of 53.9% and a net margin of -89.8%. Return on equity stands at -114.7%.
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.