Is SAIHEAT Ltd (SAIH) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 18.7% / 30% | 7.4% / 30% | 6.5% / 30% | 36.5% / 5% | ✗ NOT HALAL |
| DJIM | 18.7% / 33% | 7.4% / 33% | 6.5% / 33% | 36.5% / 5% | ✗ NOT HALAL |
| MSCI | 14.5% / 33% | 5.7% / 33% | 5.0% / 33% | 36.5% / 5% | ✗ NOT HALAL |
| S&P | 18.7% / 33% | 7.4% / 33% | 6.5% / 33% | 36.5% / 5% | ✗ NOT HALAL |
| FTSE | 14.5% / 33% | 5.7% / 33% | 5.0% / 50% | 36.5% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -30.8% | |
| Operating Margin | -87.8% | |
| Net Margin | -110.8% | |
| Return on Equity (ROE) | -50.2% | |
| Return on Assets (ROA) | -30.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$6M |
| Free Cash Flow | -$6M |
| Total Debt | $3M |
| Debt-to-Equity | 31.1 |
| Current Ratio | 1.8 |
| Total Assets | $19M |
Price & Trading
| Last Close | $8.34 |
| 50-Day MA | $7.39 |
| 200-Day MA | $8.17 |
| Avg Volume | 4K |
| Beta | 2.0 |
|
52-Week Range
$3.00
| |
About SAIHEAT Ltd (SAIH)
SAIHEAT Limited engages in the development of liquid cooling technologies for cryptocurrency assets. It provides SAIHUB CAB, an indoor cabinet that turns traditional air-cooled bitcoin mining machines into liquid-cooled bitcoin mining machines; ULTIWIT System, a series of outdoor infrastructure products; and advanced computing center ecosystem, a suite of liquid-cooling system that enable carbon-negative data center operations by repurposing waste computing heat. The company also offers mobile and resilient outdoor computing infrastructure units comprising WITBOX product line, including TANKBOX, RACKBOX, and HYDROBOX; HEATBOX, a product line that regulates, supplies, and controls recovered computing heat generated from computing servers; and USERBOX, a design and product that supports computing heat recovery applications. In addition, it provides bitcoin mining machine hosting and mining pool services; bitcoin mining machines; and engages in cryptocurrency mining operations comprising Bitcoins. The company was formerly known as SAI.TECH Global Corporation and changed its name to SAIHEAT Limited in August 2024. SAIHEAT Limited was founded in 2019 and is based in Singapore.
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Frequently Asked Questions
Is SAIHEAT Ltd (SAIH) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SAIHEAT Ltd 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 SAIHEAT Ltd's debt ratio?
SAIHEAT Ltd's debt ratio is 18.7% 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 14.5%.
What are SAIHEAT Ltd's key financial metrics?
SAIHEAT Ltd has a market capitalization of $13M, and revenue of $6M. The company maintains a gross margin of -30.8% and a net margin of -110.8%. Return on equity stands at -50.2%.
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.