Is SHF Holdings, Inc. (SHFS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Banks - Regional | ✗ NOT HALAL | |||
| DJIM | Excluded — Banks - Regional | ✗ NOT HALAL | |||
| MSCI | Excluded — Banks - Regional | ✗ NOT HALAL | |||
| S&P | Excluded — Banks - Regional | ✗ NOT HALAL | |||
| FTSE | Excluded — Banks - Regional | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | -93.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -229.7% | |
| Return on Assets (ROA) | -132.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $430,477 |
| Free Cash Flow | $430,477 |
| Total Debt | $12M |
| Debt-to-Equity | 21.7 |
| Current Ratio | 2.1 |
| Total Assets | $13M |
Price & Trading
| Last Close | $0.88 |
| 50-Day MA | $0.96 |
| 200-Day MA | $2.33 |
| Avg Volume | 144K |
| Beta | 0.9 |
|
52-Week Range
$0.72
| |
About SHF Holdings, Inc. (SHFS)
SHF Holdings, Inc., through its subsidiaries, provides access to banking, lending, and other financial services to financial institutions serving the cannabis industry. The company, through its proprietary platform, offers access to business checking and savings accounts, cash management accounts, savings and investment options, commercial lending, courier and vaulting services, remote deposit services, automated clearing house payments and origination, debit, and wire payments. It also provides regulatory compliance consulting, software for maintaining know your customer, and bank secrecy act compliance; origination, onboarding, verification, and servicing of cannabis-related deposit business; and sourcing, underwriting, servicing, and administering services of loans issued to cannabis businesses and related entities. In addition, the company's services allow cannabis related businesses to obtain services from financial institutions that allow them to run their business with enhanced financial insight into their business and access to resources. SHF Holdings, Inc. was founded in 2015 and is based in Golden, Colorado.
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Frequently Asked Questions
Is SHF Holdings, Inc. (SHFS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SHF Holdings, 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 SHF Holdings, Inc.'s debt ratio?
SHF Holdings, 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 SHF Holdings, Inc.'s key financial metrics?
SHF Holdings, Inc. has a market capitalization of $2M, and revenue of $18M. Return on equity stands at -229.7%.
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.