Is Trident Digital Tech Holdings Ltd (TDTH) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 8.8% / 30% | 0.7% / 30% | 0.0% / 30% | 8.74% / 5% | ✗ NOT HALAL |
| DJIM | 8.8% / 33% | 0.7% / 33% | 0.0% / 33% | 8.74% / 5% | ✗ NOT HALAL |
| MSCI | 80.8% / 33% | 6.4% / 33% | 0.4% / 33% | 8.74% / 5% | ✗ NOT HALAL |
| S&P | 8.8% / 33% | 0.7% / 33% | 0.0% / 33% | 8.74% / 5% | ✗ NOT HALAL |
| FTSE | 80.8% / 33% | 6.4% / 33% | 0.4% / 50% | 8.74% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.3% | |
| Operating Margin | -30941.3% | |
| Net Margin | 0.0% | |
| Return on Assets (ROA) | -326.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$10M |
| Free Cash Flow | -$10M |
| Total Debt | $2M |
| Current Ratio | 1.0 |
| Total Assets | $3M |
Price & Trading
| Last Close | $0.21 |
| 50-Day MA | $0.26 |
| 200-Day MA | $0.60 |
| Avg Volume | 934K |
|
52-Week Range
$0.17
| |
About Trident Digital Tech Holdings Ltd (TDTH)
Trident Digital Tech Holdings Ltd provides commercial and technological digital solutions in Singapore. The company offers business consulting services, such as brand proposition, multi-channel commerce, and digital marketing services. It also provides IT consulting services that includes consulting and technical services relating to the software solutions across the full system development lifecycle comprising definition of business requirements, developing customized software, implementing and modifying software, system analysis, technical specifications, coding, testing, training, maintenance, and support solutions; and various management software solutions to customers comprising client relationship management and inventory management solutions through annual subscriptions. In addition, the company offers Tridentity, a web 3.0 e-commerce platform for transaction of customers and merchants. It serves small and medium enterprises. Trident Digital Tech Holdings Ltd was founded in 2014 and is headquartered in Singapore.
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Frequently Asked Questions
Is Trident Digital Tech Holdings Ltd (TDTH) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Trident Digital Tech Holdings 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 Trident Digital Tech Holdings Ltd's debt ratio?
Trident Digital Tech Holdings Ltd's debt ratio is 8.8% 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 80.8%.
What are Trident Digital Tech Holdings Ltd's key financial metrics?
Trident Digital Tech Holdings Ltd has a market capitalization of $28M, and revenue of $465,435.
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.