Is UP Fintech Holding Ltd (TIGR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Capital Markets | ✗ NOT HALAL | |||
| DJIM | Excluded — Capital Markets | ✗ NOT HALAL | |||
| MSCI | Excluded — Capital Markets | ✗ NOT HALAL | |||
| S&P | Excluded — Capital Markets | ✗ NOT HALAL | |||
| FTSE | Excluded — Capital Markets | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 87.6% | |
| Operating Margin | 34.3% | |
| Net Margin | 31.7% | |
| Return on Equity (ROE) | 22.4% | |
| Return on Assets (ROA) | 2.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $828M |
| Free Cash Flow | $826M |
| Total Debt | $170M |
| Debt-to-Equity | 19.9 |
| Current Ratio | 1.1 |
| Total Assets | $6.4B |
Price & Trading
| Last Close | $6.20 |
| 50-Day MA | $7.88 |
| 200-Day MA | $9.48 |
| Avg Volume | 3.1M |
| Beta | 0.5 |
|
52-Week Range
$6.06
| |
About UP Fintech Holding Ltd (TIGR)
UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors in New Zealand, the Cayman Island, Singapore, the United States, and internationally. The company has developed a brokerage platform, Tiger Trade which allows investor to trade stocks, options, warrants, and other financial instruments that can be accessed through its APP and website. It also provides value-added services, including investor education, community engagement, and IR platform services. In addition, the company offers trade execution, margin financing, and securities lending services; asset management and wealth management; ESOP management; fund license application, product design, asset custody, transaction execution, and funding allocation; fund structuring and management; and IPO underwriting services. Further, the company provides market information, community engagement, and simulated trading services; and trade futures contracts. UP Fintech Holding Limited was founded in 2014 and is headquartered in Singapore.
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Frequently Asked Questions
Is UP Fintech Holding Ltd (TIGR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), UP Fintech Holding 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 UP Fintech Holding Ltd's debt ratio?
UP Fintech Holding Ltd's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are UP Fintech Holding Ltd's key financial metrics?
UP Fintech Holding Ltd has a market capitalization of $1.1B, trailing P/E ratio of 6.5, and revenue of $392M. The company maintains a gross margin of 87.6% and a net margin of 31.7%. Return on equity stands at 22.4%.
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.