Is VerifyMe, Inc. (VRME) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 18.0% / 30% | 22.9% / 30% | 27.3% / 30% | 6.69% / 5% | ✗ NOT HALAL |
| DJIM | 18.0% / 33% | 22.9% / 33% | 27.3% / 33% | 6.69% / 5% | ✗ NOT HALAL |
| MSCI | 13.8% / 33% | 17.6% / 33% | 21.0% / 33% | 6.69% / 5% | ✗ NOT HALAL |
| S&P | 18.0% / 33% | 22.9% / 33% | 27.3% / 33% | 6.69% / 5% | ✗ NOT HALAL |
| FTSE | 13.8% / 33% | 17.6% / 33% | 21.0% / 50% | 6.69% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 34.9% | |
| Operating Margin | 8.3% | |
| Net Margin | -21.8% | |
| Return on Equity (ROE) | -44.1% | |
| Return on Assets (ROA) | -2.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $871,000 |
| Free Cash Flow | $348,000 |
| Total Debt | $2M |
| Debt-to-Equity | 7.5 |
| Current Ratio | 3.7 |
| Total Assets | $16M |
Price & Trading
| Last Close | $0.85 |
| 50-Day MA | $1.03 |
| 200-Day MA | $0.91 |
| Avg Volume | 4.2M |
| Beta | 0.4 |
|
52-Week Range
$0.55
| |
About VerifyMe, Inc. (VRME)
VerifyMe, Inc. offers brand protection and precision logistics solutions. The company operates through two segments, Precision Logistics and Authentication. The Precision Logistics segment offers predictive analytics for optimizing delivery of time and temperature sensitive perishable products. This segment provides PeriTrack customer dashboard, an integrated web portal tool that gives its customers an in-depth look at their shipping activities based on real-time data. It offers service center, pre-transit, post-delivery, and weather/traffic services. The Authentication segment provides technology solutions to connect brands with consumers through its products, as well as brand protection and supply chain functions, such as counterfeit prevention. The company was formerly known as LaserLock Technologies, Inc. and changed its name to VerifyMe, Inc. in July 2015. VerifyMe, Inc. was incorporated in 1999 and is headquartered in Lake Mary, Florida.
Related Halal Stocks in Industrials
Frequently Asked Questions
Is VerifyMe, Inc. (VRME) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), VerifyMe, 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 VerifyMe, Inc.'s debt ratio?
VerifyMe, Inc.'s debt ratio is 18.0% 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 13.8%.
What are VerifyMe, Inc.'s key financial metrics?
VerifyMe, Inc. has a market capitalization of $10M, and revenue of $24M. The company maintains a gross margin of 34.9% and a net margin of -21.8%. Return on equity stands at -44.1%.
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.