Is SIMPPLE LTD. (SPPL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 4.6% / 30% | 3.8% / 30% | 8.8% / 30% | 0.61% / 5% | ✓ HALAL |
| DJIM | 4.6% / 33% | 3.8% / 33% | 8.8% / 33% | 0.61% / 5% | ✓ HALAL |
| MSCI | 9.4% / 33% | 7.8% / 33% | 18.0% / 33% | 0.61% / 5% | ✓ HALAL |
| S&P | 4.6% / 33% | 3.8% / 33% | 8.8% / 33% | 0.61% / 5% | ✓ HALAL |
| FTSE | 9.4% / 33% | 7.8% / 33% | 18.0% / 50% | 0.61% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 51.1% | |
| Operating Margin | -44.8% | |
| Net Margin | -55.6% | |
| Return on Equity (ROE) | -137.4% | |
| Return on Assets (ROA) | -25.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$1M |
| Free Cash Flow | -$3M |
| Total Debt | $619,616 |
| Debt-to-Equity | 117.2 |
| Current Ratio | 1.0 |
| Total Assets | $7M |
Price & Trading
| Last Close | $2.01 |
| 50-Day MA | $2.77 |
| 200-Day MA | $3.81 |
| Avg Volume | 8K |
| Beta | 3.9 |
|
52-Week Range
$1.90
| |
About SIMPPLE LTD. (SPPL)
Simpple Ltd. provides advanced technology solutions to facility owners and managers to manage their facilities autonomously in Singapore. The company engages in the sale, warranty, and maintenance of autonomous robotic cleaning equipment. It also offers SIMPPLE Ecosystem platform includes SIMPPLE Software, a software platform that helps facilities owners, managers and contractors better manage their facility and workforce through field service management and reporting modules; SIMPPLE PLUS, which offers complimentary peripherals, such as IoT sensors and robotic solutions; and SIMPPLE.AI, a next generation facilities management autonomic intelligence engine that automates robotic and human workforce deployments. In addition, the company provides consultancy services. It serves property developers or building owners, facilities management companies, and service contractors. The company was founded in 2016 and is headquartered in Singapore. Simpple Ltd. is a subsidiary of Ifsc Founders Pte. Ltd.
Purification Calculator
As a halal stock with 0.61% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is SIMPPLE LTD. (SPPL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SIMPPLE LTD. 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 SIMPPLE LTD.'s debt ratio?
SIMPPLE LTD.'s debt ratio is 4.6% 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 9.4%.
Does SIMPPLE LTD. require dividend purification?
Yes, SIMPPLE LTD. has an impermissible income ratio of 0.61%, which means 0.61% 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 SIMPPLE LTD.'s key financial metrics?
SIMPPLE LTD. has a market capitalization of $13M, and revenue of $4M. The company maintains a gross margin of 51.1% and a net margin of -55.6%. Return on equity stands at -137.4%.
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.