Is SCHMID Group N.V. (SHMD) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 26.2% / 30% | 1.1% / 30% | 11.5% / 30% | 1.41% / 5% | ✓ HALAL |
| DJIM | 26.2% / 33% | 1.1% / 33% | 11.5% / 33% | 1.41% / 5% | ✓ HALAL |
| MSCI | 93.6% / 33% | 4.1% / 33% | 41.1% / 33% | 1.41% / 5% | ✗ NOT HALAL |
| S&P | 26.2% / 33% | 1.1% / 33% | 11.5% / 33% | 1.41% / 5% | ✓ HALAL |
| FTSE | 93.6% / 33% | 4.1% / 33% | 41.1% / 50% | 1.41% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 19.8% | |
| Operating Margin | 188.3% | |
| Net Margin | -138.3% | |
| Return on Assets (ROA) | -7.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$3M |
| Free Cash Flow | -$8M |
| Total Debt | $87M |
| Current Ratio | 0.6 |
| Total Assets | $93M |
Price & Trading
| Last Close | $6.60 |
| 50-Day MA | $7.74 |
| 200-Day MA | $4.73 |
| Avg Volume | 619K |
| Beta | -0.6 |
|
52-Week Range
$2.00
| |
About SCHMID Group N.V. (SHMD)
SCHMID Group N.V. develops and manufactures equipment and process solutions for electronics, photovoltaics, glass, and energy systems in Germany and internationally. The company offers electronics equipment, ET board, vertical and horizontal wet process, vacuum metallization and tech, plating, chemical mechanical polishing, and automation system solutions; and systems and process solutions for manufacturing and processing photovoltaic products, such as wafers, cells, modules, and thin films, as well as turnkey production lines. It also provides maintenance, after sales, customer training, and on-site services, as well as offers spare parts. The company was founded in 1864 and is based in Freudenstadt, Germany.
Purification Calculator
As a halal stock with 1.41% impermissible income, you need to purify your dividends.
Related Halal Stocks in Industrials
Frequently Asked Questions
Is SCHMID Group N.V. (SHMD) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SCHMID Group N.V. 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 SCHMID Group N.V.'s debt ratio?
SCHMID Group N.V.'s debt ratio is 26.2% 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 93.6%.
Does SCHMID Group N.V. require dividend purification?
Yes, SCHMID Group N.V. has an impermissible income ratio of 1.41%, which means 1.41% 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 SCHMID Group N.V.'s key financial metrics?
SCHMID Group N.V. has a market capitalization of $331M, and revenue of $61M. The company maintains a gross margin of 19.8% and a net margin of -138.3%.
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.