Is Trailblazer Merger Corp I (TBMC) Halal?

NASDAQ Financial Services United States $18M
✗ NOT HALAL
Confidence: 95/100
Trailblazer Merger Corp I (TBMC) is Not Halal under AAOIFI Standard 21 due to its classification in the Shell Companies industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Shell Companies ✗ NOT HALAL
DJIM Excluded — Shell Companies ✗ NOT HALAL
MSCI Excluded — Shell Companies ✗ NOT HALAL
S&P Excluded — Shell Companies ✗ NOT HALAL
FTSE Excluded — Shell Companies ✗ NOT HALAL

Financial Highlights

EPS
$-2.08
P/B Ratio
-1.1
Revenue
$0
Beta
0.1
Low volatility
Current Ratio
0.0

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Assets (ROA) -10.0%

Cash Flow & Balance Sheet

Operating Cash Flow-$3M
Free Cash Flow-$3M
Total Debt$11M
Current Ratio0.0
Total Assets$4M

Price & Trading

Last Close$10.95
50-Day MA$11.21
200-Day MA$11.68
Avg Volume25K
Beta0.1
52-Week Range
$5.75
$14.91

About Trailblazer Merger Corp I (TBMC)

CEO
Mr. Yosef Eichorn
Sector
Financial Services
Industry
Shell Companies
Country
United States
Exchange
NASDAQ
Market Cap
$18M
Currency
USD

Trailblazer Holdings, Inc. focuses on combating disinformation by leveraging artificial intelligence (AI) and machine learning (ML) technologies to monitor and analyse online conversations in real-time. Its platform collects publicly available data from social media and news sites and applies its proprietary algorithms to assess authenticity and sentiment, enabling to identify fake accounts, uncover harmful narratives, detect GenAI text and images, and filter between real and fake profiles, helping customers protect brand reputation and ensure the authenticity of online discourse. Trailblazer Holdings, Inc. was founded in 2017 and is based in New York, New York.

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Frequently Asked Questions

Is Trailblazer Merger Corp I (TBMC) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Trailblazer Merger Corp I 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 Trailblazer Merger Corp I's debt ratio?

Trailblazer Merger Corp I's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Trailblazer Merger Corp I's key financial metrics?

Trailblazer Merger Corp I has a market capitalization of $18M.

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.