Is Troops, Inc. /Cayman Islands/ (TROO) Halal?

NASDAQ Financial Services Hong Kong $297M
✗ NOT HALAL
Confidence: 95/100
Troops, Inc. /Cayman Islands/ (TROO) is Not Halal under AAOIFI Standard 21 due to its classification in the Credit Services 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 2024

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

Financial Highlights

EPS
$-0.13
P/B Ratio
3.7
EV/EBITDA
-90.6
EV: $292M
Revenue
$10M
Growth: 192.1%
Beta
3.0
High volatility
Current Ratio
6.4

Profitability

Gross Margin -7.3%
Operating Margin -16.2%
Net Margin -86.3%
Return on Equity (ROE) -18.7%
Return on Assets (ROA) -4.0%

Cash Flow & Balance Sheet

Operating Cash Flow$2M
Free Cash Flow$2M
Total Debt$26,000
Debt-to-Equity0.0
Current Ratio6.4
Total Assets$79M

Price & Trading

Last Close$2.61
50-Day MA$3.32
200-Day MA$1.86
Avg Volume487K
Beta3.0
52-Week Range
$0.49
$5.28

About Troops, Inc. /Cayman Islands/ (TROO)

CEO
Mr. Damian Thurnheer
Employees
42
Sector
Financial Services
Industry
Credit Services
Country
Hong Kong
Exchange
NASDAQ
Market Cap
$297M
Currency
USD

TROOPS, Inc., along with its subsidiaries, operates in the money lending business in Hong Kong, the Peoples Republic of China, and Australia. The company offers mortgage, personal, and corporate loans. It also develops, operates, and manages an online financial marketplace that offers one-stop financial technology solutions, including API services by leveraging artificial intelligence, big data and blockchain, and cloud computing. In addition, the company offers property investment, property lease and management, applications, technology and services, consultancy services for insurance products, and advisory and referral services. The company was formerly known as SGOCO Group, Ltd. and changed its name to TROOPS, Inc. in November 2021.TROOPS, Inc. was founded in 2005 and is headquartered in Tsuen Wan, Hong Kong.

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Frequently Asked Questions

Is Troops, Inc. /Cayman Islands/ (TROO) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Troops, Inc. /Cayman Islands/ 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 Troops, Inc. /Cayman Islands/'s debt ratio?

Troops, Inc. /Cayman Islands/'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Troops, Inc. /Cayman Islands/'s key financial metrics?

Troops, Inc. /Cayman Islands/ has a market capitalization of $297M, and revenue of $10M. The company maintains a gross margin of -7.3% and a net margin of -86.3%. Return on equity stands at -18.7%.

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.