Is ZenaTech, Inc. (ZENA) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 7.7% / 30% | 2.9% / 30% | 0.2% / 30% | 1.39% / 5% | ✓ HALAL |
| DJIM | 7.7% / 33% | 2.9% / 33% | 0.2% / 33% | 1.39% / 5% | ✓ HALAL |
| MSCI | 29.2% / 33% | 10.8% / 33% | 0.6% / 33% | 1.39% / 5% | ✓ HALAL |
| S&P | 7.7% / 33% | 2.9% / 33% | 0.2% / 33% | 1.39% / 5% | ✓ HALAL |
| FTSE | 29.2% / 33% | 10.8% / 33% | 0.6% / 50% | 1.39% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | -110.5% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -100.9% | |
| Return on Assets (ROA) | -17.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$10M |
| Free Cash Flow | -$11M |
| Total Debt | $10M |
| Debt-to-Equity | 77.9 |
| Current Ratio | 5.4 |
| Total Assets | $35M |
Price & Trading
| Last Close | $2.32 |
| 50-Day MA | $2.95 |
| 200-Day MA | $4.10 |
| Avg Volume | 1.4M |
|
52-Week Range
$1.82
| |
About ZenaTech, Inc. (ZENA)
ZenaTech, Inc., an enterprise software technology company, develops cloud-based software applications in Canada. It provides cloud-based enterprise software solutions for the medical records industry; software solutions for the automated facility management and center industry; safety and compliance management software and mobile solutions; field service management software and mobile solutions; browser-based enterprise software applications for public safety; and quantum computing solutions. The company also engages in the manufacturing, sale, and distribution of drones. ZenaTech, Inc. was formerly known as ZenaDrone, Inc. and changed its name to ZenaTech, Inc. on October 5, 2020. The company was incorporated in 2017 and is based in Vancouver, Canada.
Purification Calculator
As a halal stock with 1.39% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is ZenaTech, Inc. (ZENA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ZenaTech, Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is ZenaTech, Inc.'s debt ratio?
ZenaTech, Inc.'s debt ratio is 7.7% 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 29.2%.
Does ZenaTech, Inc. require dividend purification?
Yes, ZenaTech, Inc. has an impermissible income ratio of 1.39%, which means 1.39% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are ZenaTech, Inc.'s key financial metrics?
ZenaTech, Inc. has a market capitalization of $116M, trailing P/E ratio of 51.5, and revenue of $2M. Return on equity stands at -100.9%.
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.