Is ZDGE (ZDGE) Halal?
Shariah Screening — 5 Standards
Based on financial data from July 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.5% / 30% | 49.6% / 30% | 9.9% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 0.5% / 33% | 49.6% / 33% | 9.9% / 33% | N/A | ✗ NOT HALAL |
| MSCI | 0.5% / 33% | 52.4% / 33% | 10.5% / 33% | N/A | ✗ NOT HALAL |
| S&P | 0.5% / 33% | 49.6% / 33% | 9.9% / 33% | N/A | ✗ NOT HALAL |
| FTSE | 0.5% / 33% | 52.4% / 33% | 10.5% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 93.4% | |
| Operating Margin | 10.0% | |
| Net Margin | -6.0% | |
| Return on Equity (ROE) | -7.2% | |
| Return on Assets (ROA) | 4.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $6M |
| Free Cash Flow | $5M |
| Total Debt | $203,000 |
| Debt-to-Equity | 1.7 |
| Current Ratio | 3.1 |
| Total Assets | $38M |
Price & Trading
| Last Close | $2.94 |
| 50-Day MA | $3.16 |
| 200-Day MA | $3.26 |
| Avg Volume | 79K |
| Beta | 1.3 |
|
52-Week Range
$1.73
| |
About ZDGE (ZDGE)
Zedge, Inc. builds digital marketplaces and competitive games around content that people use to express themselves. The company offers the Zedge Ringtones and Wallpapers app, a freemium digital content marketplace that provides a wide array of mobile personalization content, including mobile phone wallpapers, video wallpapers, ringtones, and notification sounds; and pAInt, a generative AI wallpaper maker. It also provides GuruShots, a platform for skill-based photo challenge game that allows amateur photographers to compete in various contests showcasing their photos; and Emojipedia, a source for all things emoji. Zedge, Inc. was incorporated in 2008 and is headquartered in New York, New York.
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Frequently Asked Questions
Is ZDGE (ZDGE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ZDGE 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 ZDGE's debt ratio?
ZDGE's debt ratio is 0.5% 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 0.5%.
What are ZDGE's key financial metrics?
ZDGE has a market capitalization of $37M. The company maintains a gross margin of 93.4% and a net margin of -6.0%. Return on equity stands at -7.2%.
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.