Is Verde Clean Fuels, Inc. (VGAS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.4% / 30% | 30.3% / 30% | 0.4% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 0.4% / 33% | 30.3% / 33% | 0.4% / 33% | N/A | ✓ HALAL |
| MSCI | 1.0% / 33% | 80.8% / 33% | 1.0% / 33% | N/A | ✗ NOT HALAL |
| S&P | 0.4% / 33% | 30.3% / 33% | 0.4% / 33% | N/A | ✓ HALAL |
| FTSE | 1.0% / 33% | 80.8% / 33% | 1.0% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -35.9% | |
| Return on Assets (ROA) | -18.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$9M |
| Free Cash Flow | -$11M |
| Total Debt | $232,162 |
| Debt-to-Equity | 0.3 |
| Current Ratio | 27.6 |
| Total Assets | $24M |
Price & Trading
| Last Close | $1.72 |
| 50-Day MA | $1.67 |
| 200-Day MA | $2.64 |
| Avg Volume | 39K |
| Beta | -0.4 |
|
52-Week Range
$0.92
| |
About Verde Clean Fuels, Inc. (VGAS)
Verde Clean Fuels, Inc., a clean fuels company, focuses on the deployment of liquid fuels processing technology through development of commercial production plants in the United States. Its synthesis gas (syngas)-to-gasoline plus (STG+) process converts syngas derived from diverse feedstocks into finished liquid fuels that require no additional refining. The company was founded in 2007 and is headquartered in Houston, Texas.
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Frequently Asked Questions
Is Verde Clean Fuels, Inc. (VGAS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Verde Clean Fuels, Inc. 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 Verde Clean Fuels, Inc.'s debt ratio?
Verde Clean Fuels, Inc.'s debt ratio is 0.4% 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 1.0%.
What are Verde Clean Fuels, Inc.'s key financial metrics?
Verde Clean Fuels, Inc. has a market capitalization of $85M. Return on equity stands at -35.9%.
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.