Is Royalty Management Holding Corp (RMCO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Asset Management | ✗ NOT HALAL | |||
| DJIM | Excluded — Asset Management | ✗ NOT HALAL | |||
| MSCI | Excluded — Asset Management | ✗ NOT HALAL | |||
| S&P | Excluded — Asset Management | ✗ NOT HALAL | |||
| FTSE | Excluded — Asset Management | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 23.0% | |
| Operating Margin | -7.6% | |
| Net Margin | -9.2% | |
| Return on Equity (ROE) | -2.5% | |
| Return on Assets (ROA) | -1.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $646,290 |
| Free Cash Flow | $521,290 |
| Total Debt | $609,738 |
| Debt-to-Equity | 2.5 |
| Current Ratio | 1.1 |
| Total Assets | $15M |
Price & Trading
| Last Close | $3.29 |
| 50-Day MA | $3.94 |
| 200-Day MA | $2.67 |
| Avg Volume | 26K |
| Beta | -0.0 |
|
52-Week Range
$0.92
| |
About Royalty Management Holding Corp (RMCO)
Royalty Management Holding Corporation, a royalty company, acquires and develops assets in various markets. Its portfolio includes intellectual property, natural resources assets, patents, and emerging technologies. The company was founded in 2021 and is based in Fishers, Indiana.
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Frequently Asked Questions
Is Royalty Management Holding Corp (RMCO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Royalty Management Holding Corp 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 Royalty Management Holding Corp's debt ratio?
Royalty Management Holding Corp's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Royalty Management Holding Corp's key financial metrics?
Royalty Management Holding Corp has a market capitalization of $35M, and revenue of $807,089. The company maintains a gross margin of 23.0% and a net margin of -9.2%. Return on equity stands at -2.5%.
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.