Hartford Creative Group Inc

HFUS

Not Compliant
Exchange
Sector
Headquarters
Group
OTC
Consumer Cyclicals
USA
Micro Cap

Hartford Creative Group Inc is not Shariah Compliant because of its involvement in Advertising Agency and related activities.

-

Impure Income*

$0.042

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Micro Cap
BUY
-100.00%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
-34221.39%
-34491.86%
2.52
2.56
-2.60%

Shariah Compliance

Debt
1.72%
✓
Non-Compliant Assets
✓
Impure Income

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
1.59%
✓
Impure Income

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
1.48%
✓
Impure Income

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
41.32%
✗
Cash
3.84%
✓
Cash & AR
10.57%
✓
Impure Income

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
41.32%
✗
Cash
3.84%
✓
Cash & AR
10.57%
✓
Impure Income

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
-

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Hartford Creative Group, Inc. is primarily engaged in the social media advertising business and the production and distribution of mini Web dramas. The Company operates through a single segment, which is advertisement placement services. Its business spans across the United States and China. The Company’s subsidiaries include Shanghai Hartford ZY Culture Media Ltd. (HFZY), Hangzhou Hartford WP Culture Media Ltd. (HZWP), Shanghai DZ Culture Media Ltd. (SHDZ) and ShangXing HuoMao Network Technology Ltd. (SXHM). HFZY and SXHM deliver media and advertising services. The Company is engaged in social media advertising business on mainstream social media platforms such as Tik Tok, Toutiao, Kwai, RED, WeChat, and more. As an advertising partner of China’s social media platforms, it is focused on providing customers with vertical integration services from early-stage advertising video creativity, photograph shooting, editing, to advertising operation and management on social media apps.

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