Is Strive, Inc. (SATA) 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 | 0.0% | |
| Operating Margin | -15604.6% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -111.5% | |
| Return on Assets (ROA) | -40.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$22M |
| Free Cash Flow | -$22M |
| Total Debt | $2M |
| Debt-to-Equity | 0.6 |
| Current Ratio | 6.7 |
| Total Assets | $28M |
Price & Trading
| Last Close | $99.00 |
| 50-Day MA | $94.75 |
| 200-Day MA | $93.84 |
| Avg Volume | 142K |
|
52-Week Range
$81.02
| |
About Strive, Inc. (SATA)
Strive Asset Management, LLC is a privately owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm invests in exchange traded funds. The firm conducts in-house research to make its investments. Strive Asset Management, LLC was founded in 2022 and is based in Dallas, Texas.
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Frequently Asked Questions
Is Strive, Inc. (SATA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Strive, 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 Strive, Inc.'s debt ratio?
Strive, Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Strive, Inc.'s key financial metrics?
Strive, Inc. has a market capitalization of N/A, and revenue of $4M. Return on equity stands at -111.5%.
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.