Is SOCIETY PASS INCORPORATED. (SOPA) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 10.5% / 30% | 92.7% / 30% | 39.5% / 30% | 0.19% / 5% | ✗ NOT HALAL |
| DJIM | 10.5% / 33% | 92.7% / 33% | 39.5% / 33% | 0.19% / 5% | ✗ NOT HALAL |
| MSCI | 4.1% / 33% | 35.9% / 33% | 15.3% / 33% | 0.19% / 5% | ✗ NOT HALAL |
| S&P | 10.5% / 33% | 92.7% / 33% | 39.5% / 33% | 0.19% / 5% | ✗ NOT HALAL |
| FTSE | 4.1% / 33% | 35.9% / 33% | 15.3% / 50% | 0.19% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 45.7% | |
| Operating Margin | -379.9% | |
| Net Margin | -146.0% | |
| Return on Equity (ROE) | -153.4% | |
| Return on Assets (ROA) | -25.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $2M |
| Free Cash Flow | $2M |
| Total Debt | $866,416 |
| Debt-to-Equity | 7.2 |
| Current Ratio | 1.4 |
| Total Assets | $21M |
Price & Trading
| Last Close | $0.56 |
| 50-Day MA | $1.18 |
| 200-Day MA | $1.57 |
| Avg Volume | 5.8M |
| Beta | 1.9 |
|
52-Week Range
$0.50
| |
About SOCIETY PASS INCORPORATED. (SOPA)
Society Pass Incorporated acquires and operates fintech and e-commerce platforms and mobile applications for consumers and merchants in Indonesia, Vietnam, the Philippines, Singapore, the United States, Thailand, and Malaysia. It operates through Online Grocery and Food and Groceries Deliveries; Digital Marketing; Online Ticketing and Reservation; Telecommunications Reseller; and e-Commerce segments. The company operates Leflair, an online lifestyle platform that offers services and products, such as fashion and accessories, beauty and personal care, and home and lifestyle; an online food delivery service under the Handycart and Mangan brand name; and an online grocery delivery under the Pushkart brand name. It also sells hardware and software for a point of sales application; local mobile phone and global internet data plans under the Gorilla brand name; and domestic and overseas air ticket, and global hotel reservations, as well as offers digital marketing services. In addition, the company provides IP licensing, computer sciences consultancy and data analytics, software production, event organizing, and insurance services. The company collaborates with NusaTrip Incorporated to develops technology solutions aimed at enhancing travel distribution processes for travel wholesalers, agencies, and B2B platforms. The company was formerly known as Food Society, Inc. and changed its name to Society Pass Incorporated in October 2018. Society Pass Incorporated was incorporated in 2018 and is headquartered in Singapore.
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Frequently Asked Questions
Is SOCIETY PASS INCORPORATED. (SOPA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SOCIETY PASS INCORPORATED. 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 SOCIETY PASS INCORPORATED.'s debt ratio?
SOCIETY PASS INCORPORATED.'s debt ratio is 10.5% 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 4.1%.
What are SOCIETY PASS INCORPORATED.'s key financial metrics?
SOCIETY PASS INCORPORATED. has a market capitalization of $7M, and revenue of $7M. The company maintains a gross margin of 45.7% and a net margin of -146.0%. Return on equity stands at -153.4%.
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.