Is SYNX (SYNX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 8.7% / 30% | 30.6% / 30% | 10.9% / 30% | 8.95% / 5% | ✗ NOT HALAL |
| DJIM | 8.7% / 33% | 30.6% / 33% | 10.9% / 33% | 8.95% / 5% | ✗ NOT HALAL |
| MSCI | 10.3% / 33% | 36.4% / 33% | 13.0% / 33% | 8.95% / 5% | ✗ NOT HALAL |
| S&P | 8.7% / 33% | 30.6% / 33% | 10.9% / 33% | 8.95% / 5% | ✗ NOT HALAL |
| FTSE | 10.3% / 33% | 36.4% / 33% | 13.0% / 50% | 8.95% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 32.8% | |
| Operating Margin | -71.0% | |
| Net Margin | -54.8% | |
| Return on Equity (ROE) | -49.7% | |
| Return on Assets (ROA) | -28.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$958,000 |
| Free Cash Flow | -$1M |
| Total Debt | $908,000 |
| Debt-to-Equity | 16.3 |
| Current Ratio | 4.3 |
| Total Assets | $9M |
Price & Trading
| Last Close | $1.02 |
| 50-Day MA | $1.07 |
| 200-Day MA | $1.40 |
| Avg Volume | 1.4M |
| Beta | 0.3 |
|
52-Week Range
$0.73
| |
About SYNX (SYNX)
Silynxcom Ltd., through its subsidiaries, develops, manufactures, markets, and sells ruggedized tactical communication headset devices and other communications accessories in Israel, Europe, Asia, the United States, and internationally. The company offers push-to-talk devices, communication controllers, and communication device cables and connectors; in-ear headsets and accessories, and headset systems; over-the-ear sound protection headset; single-sided tactical headsets; sound protection plugs; sound protection radio controllers; wired and wireless PTT; and cable adaptors. It also provides professional and maintenance support services. The company serves security and rescue forces, military, and law enforcement through distributors and agents. Silynxcom Ltd. was founded in 2005 and is headquartered in Netanya, Israel.
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Frequently Asked Questions
Is SYNX (SYNX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SYNX 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 SYNX's debt ratio?
SYNX's debt ratio is 8.7% 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 10.3%.
What are SYNX's key financial metrics?
SYNX has a market capitalization of $7M, and revenue of $9M. The company maintains a gross margin of 32.8% and a net margin of -54.8%. Return on equity stands at -49.7%.
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.