Is Vestand Inc. (VSTD) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 359.9% / 30% | 29.0% / 30% | 2.0% / 30% | 2.95% / 5% | ✗ NOT HALAL |
| DJIM | 359.9% / 33% | 29.0% / 33% | 2.0% / 33% | 2.95% / 5% | ✗ NOT HALAL |
| MSCI | 87.6% / 33% | 7.1% / 33% | 0.5% / 33% | 2.95% / 5% | ✗ NOT HALAL |
| S&P | 359.9% / 33% | 29.0% / 33% | 2.0% / 33% | 2.95% / 5% | ✗ NOT HALAL |
| FTSE | 87.6% / 33% | 7.1% / 33% | 0.5% / 50% | 2.95% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 12.2% | |
| Operating Margin | -46.2% | |
| Net Margin | -23.8% | |
| Return on Equity (ROE) | -122.2% | |
| Return on Assets (ROA) | -13.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $875,224 |
| Free Cash Flow | $113,697 |
| Total Debt | $15M |
| Debt-to-Equity | 263.9 |
| Current Ratio | 0.6 |
| Total Assets | $18M |
Price & Trading
| Last Close | $0.29 |
| 50-Day MA | $0.30 |
| 200-Day MA | $1.08 |
| Avg Volume | 198K |
| Beta | 0.6 |
|
52-Week Range
$0.20
| |
About Vestand Inc. (VSTD)
Vestand Inc. together with its subsidiaries, owns and operates Japanese restaurants in California. It offers bone broth, ramen, rice bowls, appetizers, sushi rolls, bento boxes, and other Japanese cuisines. Vestand Inc. was formerly known as Yoshiharu Global Co. and changed its name to Vestand Inc. in September 2025. The company was founded in 2016 and is based in Brea, California.
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Frequently Asked Questions
Is Vestand Inc. (VSTD) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Vestand 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 Vestand Inc.'s debt ratio?
Vestand Inc.'s debt ratio is 359.9% 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 87.6%.
What are Vestand Inc.'s key financial metrics?
Vestand Inc. has a market capitalization of $4M, and revenue of $13M. The company maintains a gross margin of 12.2% and a net margin of -23.8%. Return on equity stands at -122.2%.
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.