Is Smart Digital Group Ltd (SDM) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.2% / 30% | 0.4% / 30% | 13.3% / 30% | 0.01% / 5% | ✓ HALAL |
| DJIM | 0.2% / 33% | 0.4% / 33% | 13.3% / 33% | 0.01% / 5% | ✓ HALAL |
| MSCI | 1.0% / 33% | 1.7% / 33% | 53.6% / 33% | 0.01% / 5% | ✗ NOT HALAL |
| S&P | 0.2% / 33% | 0.4% / 33% | 13.3% / 33% | 0.01% / 5% | ✓ HALAL |
| FTSE | 1.0% / 33% | 1.7% / 33% | 53.6% / 50% | 0.01% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 10.1% | |
| Operating Margin | -169.5% | |
| Net Margin | -101.7% | |
| Return on Equity (ROE) | -493.4% | |
| Return on Assets (ROA) | -168.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$6M |
| Free Cash Flow | -$6M |
| Total Debt | $141,861 |
| Debt-to-Equity | 2.1 |
| Current Ratio | 2.1 |
| Total Assets | $15M |
Price & Trading
| Last Close | $1.85 |
| 50-Day MA | $1.85 |
| 200-Day MA | $5.96 |
| Avg Volume | 0 |
|
52-Week Range
$1.50
| |
About Smart Digital Group Ltd (SDM)
Smart Digital Group Limited, together with its subsidiaries, provides internet media, business planning and consulting, event planning and execution, and software customization and marketing services in Mainland China and Macau. The company is involved in developing marketing strategies, designing marketing content, distributing marketing content on various internet platforms, and other related services; and drafting event planning proposals, customizing event marketing strategies, engaging event sponsors, and other related services. It also provides software customization and marketing services that enable customers to formulate and implement marketing activities; business development planning, business data analysis, and other related services; and content promotion services. Smart Digital Group Limited was incorporated in 2022 and is based in Zhuhai, China.
Purification Calculator
As a halal stock with 0.01% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Smart Digital Group Ltd (SDM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Smart Digital Group Ltd 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 Smart Digital Group Ltd's debt ratio?
Smart Digital Group Ltd's debt ratio is 0.2% 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 1.0%.
Does Smart Digital Group Ltd require dividend purification?
Yes, Smart Digital Group Ltd has an impermissible income ratio of 0.01%, which means 0.01% 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 Smart Digital Group Ltd's key financial metrics?
Smart Digital Group Ltd has a market capitalization of $59M, trailing P/E ratio of 26.4, and revenue of $37M. The company maintains a gross margin of 10.1% and a net margin of -101.7%. Return on equity stands at -493.4%.
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.