Is GrowHub Ltd (TGHL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 56.3% / 30% | 5.4% / 30% | 3.1% / 30% | 0.25% / 5% | ✗ NOT HALAL |
| DJIM | 56.3% / 33% | 5.4% / 33% | 3.1% / 33% | 0.25% / 5% | ✗ NOT HALAL |
| MSCI | 132.5% / 33% | 12.7% / 33% | 7.2% / 33% | 0.25% / 5% | ✗ NOT HALAL |
| S&P | 56.3% / 33% | 5.4% / 33% | 3.1% / 33% | 0.25% / 5% | ✗ NOT HALAL |
| FTSE | 132.5% / 33% | 12.7% / 33% | 7.2% / 50% | 0.25% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | -2717.4% | |
| Net Margin | 0.0% | |
| Return on Assets (ROA) | -52.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$3M |
| Free Cash Flow | -$3M |
| Total Debt | $6M |
| Current Ratio | 0.2 |
| Total Assets | $4M |
Price & Trading
| Last Close | $0.32 |
| 50-Day MA | $0.37 |
| 200-Day MA | $0.85 |
| Avg Volume | 576K |
|
52-Week Range
$0.29
| |
About GrowHub Ltd (TGHL)
The Growhub Limited operates as an investment holding company that provides product traceability, data analytics, and product trading facilitation solutions in Singapore and internationally. It offers GrowHub Platform, a Software-as-a-Service solution that enables organizations to track products at various stage of the supply chain from raw materials to the final product; anti-counterfeit solution, a tool for organizations to help brands combat the growing issue of counterfeiting and prevent damaged brand's reputation, lost revenue, and loss of customer trust; and carbon management solution, which enables organizations to track, monitor, and measure carbon emissions or offsets. The company also provides software development and consultancy services; trades in food, agriculture, skincare, and other products through retail outlets and online channels; offers rental and auxiliary services, as well as blockchain services. The company was incorporated in 2024 and is based in Singapore.
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Frequently Asked Questions
Is GrowHub Ltd (TGHL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), GrowHub 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 GrowHub Ltd's debt ratio?
GrowHub Ltd's debt ratio is 56.3% 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 132.5%.
What are GrowHub Ltd's key financial metrics?
GrowHub Ltd has a market capitalization of $8M, and revenue of $237,014.
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.