Is SuperCom Ltd (SPCB) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 82.0% / 30% | 8.4% / 30% | 34.1% / 30% | 1.93% / 5% | ✗ NOT HALAL |
| DJIM | 82.0% / 33% | 8.4% / 33% | 34.1% / 33% | 1.93% / 5% | ✗ NOT HALAL |
| MSCI | 66.9% / 33% | 6.9% / 33% | 27.8% / 33% | 1.93% / 5% | ✗ NOT HALAL |
| S&P | 82.0% / 33% | 8.4% / 33% | 34.1% / 33% | 1.93% / 5% | ✗ NOT HALAL |
| FTSE | 66.9% / 33% | 6.9% / 33% | 27.8% / 50% | 1.93% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 56.7% | |
| Operating Margin | 10.3% | |
| Net Margin | 15.5% | |
| Return on Equity (ROE) | 15.3% | |
| Return on Assets (ROA) | 1.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$1M |
| Free Cash Flow | -$5M |
| Total Debt | $31M |
| Debt-to-Equity | 55.3 |
| Current Ratio | 8.3 |
| Total Assets | $46M |
Price & Trading
| Last Close | $8.06 |
| 50-Day MA | $8.54 |
| 200-Day MA | $9.63 |
| Avg Volume | 78K |
| Beta | 0.9 |
|
52-Week Range
$5.06
| |
About SuperCom Ltd (SPCB)
SuperCom Ltd. provides traditional and digital identity, Internet of Things (IoT) and connectivity, and cyber security products and solutions to governments, and private and public organizations worldwide. The company operates in three segments: e-Gov, IoT and Connectivity, and Cyber Security. It offers national ID registries, e-passports, biometric visas, automated fingerprint identification systems, digitized driver's licenses, and electronic voter registration and election management using MAGNA platform. The company also provides PureRF, a solution based on RFID tag technology to identify, locate, track, monitor, count, and protect people and objects. Its PureRF suite includes PureRF Tags, Hands-Free Long-Range RFID Asset and Vehicle Tags, PureRF Readers, PureRF Activators, PureRF Initializer, House Arrest Monitoring System, PureTag RF Bracelet, PureCom RF Base Station, GPS Offender Tracking System, PureTrack, PureBeacon, PureMonitor Offender Electronic Monitoring Software, Inmate Monitoring System, DoorGuard, and Personnel Tag. In addition, the company offers domestic violence victim protection systems and PureProtect smartphone app. Further, it provides connectivity products and solutions comprising AVIDITY WBSac, BOLSTER WBSn, and BreezeNET B; and cyber security strategic business unit products and solutions, including Safend Encryptor, Safend Protector, Safend Inspector, and Safend Discoverer; and connectivity products, such as solutions for carrier Wi-Fi, enterprise connectivity, smart city, smart hospitality, connected campuses, and connected events. It sells its systems and products through local representatives, subsidiaries, and distribution channels, as well as independent representatives, resellers, and distributors. The company was formerly known as Vuance Ltd. and changed its name to SuperCom Ltd. in January 2013. SuperCom Ltd. was incorporated in 1988 and is based in Tel Aviv-Yafo, Israel.
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Frequently Asked Questions
Is SuperCom Ltd (SPCB) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SuperCom 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 SuperCom Ltd's debt ratio?
SuperCom Ltd's debt ratio is 82.0% 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 66.9%.
What are SuperCom Ltd's key financial metrics?
SuperCom Ltd has a market capitalization of $36M, and revenue of $28M. The company maintains a gross margin of 56.7% and a net margin of 15.5%. Return on equity stands at 15.3%.
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.