Is Smart Logistics Global Ltd (SLGB) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 66.0% / 30% | 22.1% / 30% | 178.8% / 30% | 0.24% / 5% | ✗ NOT HALAL |
| DJIM | 66.0% / 33% | 22.1% / 33% | 178.8% / 33% | 0.24% / 5% | ✗ NOT HALAL |
| MSCI | 17.9% / 33% | 6.0% / 33% | 48.5% / 33% | 0.24% / 5% | ✗ NOT HALAL |
| S&P | 66.0% / 33% | 22.1% / 33% | 178.8% / 33% | 0.24% / 5% | ✗ NOT HALAL |
| FTSE | 17.9% / 33% | 6.0% / 33% | 48.5% / 50% | 0.24% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 5.0% | |
| Operating Margin | 2.6% | |
| Net Margin | 1.9% | |
| Return on Equity (ROE) | 9.8% | |
| Return on Assets (ROA) | 6.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $13M |
| Free Cash Flow | $12M |
| Total Debt | $31M |
| Debt-to-Equity | 26.7 |
| Current Ratio | 1.9 |
| Total Assets | $175M |
Price & Trading
| Last Close | $0.86 |
| 50-Day MA | $1.41 |
| 200-Day MA | $1.78 |
| Avg Volume | 3.2M |
|
52-Week Range
$0.81
| |
About Smart Logistics Global Ltd (SLGB)
Smart Logistics Global Limited, together with its subsidiaries, provides business-to-business contract logistics solutions focusing on industrial raw materials line-haul transportation business in the People's Republic of China. The company offers land-only transportation services, and vehicle repair and maintenance services; and engages in the sale of tires or spare parts. It serves paper, steel, coal, food, and other sectors. The company was founded in 2017 and is based in Pok Fu Lam, Hong Kong. Smart Logistics Global Limited operates as a subsidiary of ASL Ventures Limited.
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Frequently Asked Questions
Is Smart Logistics Global Ltd (SLGB) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Smart Logistics Global Ltd 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 Smart Logistics Global Ltd's debt ratio?
Smart Logistics Global Ltd's debt ratio is 66.0% 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 17.9%.
What are Smart Logistics Global Ltd's key financial metrics?
Smart Logistics Global Ltd has a market capitalization of $36M, trailing P/E ratio of 17.4, and revenue of $678M. The company maintains a gross margin of 5.0% and a net margin of 1.9%. Return on equity stands at 9.8%.
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.