Is Scage Future (SCAG) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 11.7% / 30% | 0.1% / 30% | 2.4% / 30% | 5.76% / 5% | ✗ NOT HALAL |
| DJIM | 11.7% / 33% | 0.1% / 33% | 2.4% / 33% | 5.76% / 5% | ✗ NOT HALAL |
| MSCI | 56.5% / 33% | 0.3% / 33% | 11.4% / 33% | 5.76% / 5% | ✗ NOT HALAL |
| S&P | 11.7% / 33% | 0.1% / 33% | 2.4% / 33% | 5.76% / 5% | ✗ NOT HALAL |
| FTSE | 56.5% / 33% | 0.3% / 33% | 11.4% / 50% | 5.76% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -6.4% | |
| Operating Margin | -239.1% | |
| Net Margin | -116.4% | |
| Return on Assets (ROA) | -45.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$6M |
| Free Cash Flow | -$6M |
| Total Debt | $15M |
| Current Ratio | 0.2 |
| Total Assets | $26M |
Price & Trading
| Last Close | $1.25 |
| 50-Day MA | $1.88 |
| 200-Day MA | $2.91 |
| Avg Volume | 10K |
|
52-Week Range
$1.15
| |
About Scage Future (SCAG)
Scage Future, together with its subsidiaries, develops and commercializes heavy-duty new electric vehicle (NEV) trucks and e-fuel solutions in the People's Republic of China. The company offers Dragon King, a plug-in hybrid dump truck for mining, and other heavy-duty loading and offloading applications; Galaxy II, a plug-in hybrid truck for long-distance road transportation and logistics service applications; Q-truck, an autonomous tractor trailer for smart transportation; Andromeda, an all-electric semi-tractor truck for road and port transportation; Andromeda+, a hydrogen-electric hybrid semi-tractor truck for long-distance road and port transportation; and Sky Turtle, an unmanned plug-in hybrid dump truck for off-road mining. It also provides farm tractors, all-electric port tractors, long-endurance hybrid power tractors, and wide-body and high-power hybrid mining vehicles; vehicle parts and components, including flat wire motors, two-speed gearboxes, motor and integrated vehicle controllers, electric drive axles, P2 hybrid systems, and other components; vehicle modification and warranty services; and after-sales services, including vehicle repair and maintenance. In addition, the company engages in the research and development of new energy technology, electronic devices, and machinery; wholesale and retail of new energy vehicles, production and testing equipment, auto parts, and electronic devices; development of solid oxide electrolyzers and clean energy systems; and vehicle rental activities. Scage Future was founded in 2019 and is headquartered in Nanjing, China.
Related Halal Stocks in Industrials
Frequently Asked Questions
Is Scage Future (SCAG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Scage Future 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 Scage Future's debt ratio?
Scage Future's debt ratio is 11.7% 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 56.5%.
What are Scage Future's key financial metrics?
Scage Future has a market capitalization of $93M, and revenue of $11M. The company maintains a gross margin of -6.4% and a net margin of -116.4%.
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.