TROOPS, Inc.

TROO: Is TROOPS, Inc. Halal?

TROOPS, Inc.

NASDAQFinancial ServicesHK

$2.28

+15.74%

Market Cap: 278.5M

Compliance Status

Halal

Screened on Sep 3, 2026 · AAOIFI Standard 21

A+

Excellent

97Score

Is TROOPS, Inc. (TROO) halal? Halal. Based on AAOIFI screening, TROOPS, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 97/100 (Grade: A+).

Quote this verdict

HalalScreener rates TROOPS, Inc. (TROO) Halal, 97/100, grade A+ under AAOIFI Standard 21, screened Sep 3, 2026. Source: https://halalscreener.app/en/stock/TROO

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

0.0% of 30.0% limit

What this means for you

You can own TROO

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened TROO's prohibited income, but the exact share you would need to purify is part of Pro.

About TROOPS, Inc.

TROOPS, Inc., established in 2005 and headquartered in Tsuen Wan, Hong Kong, conducts a multi-faceted business primarily across Hong Kong and Australia. The company engages in financial services, extending credit for various purposes, including mortgages, personal loans, and corporate financing. Beyond traditional lending, it manages a digital financial platform accessible via a mobile application, designed to connect financial institutions with consumers and offer diverse financial technology solutions, such as API services. Additionally, TROOPS provides a suite of technology services, encompassing the development of software-as-a-service (SaaS) products and mobile applications, project and API-focused consulting, and ongoing maintenance and support. The firm also allocates capital to real estate assets and delivers property leasing and management services. Notably, the company operated under the name SGOCO Group, Ltd. until its rebranding to TROOPS, Inc. in November 2021.

Sector: Financial Services · Industry: Financial - Credit Services

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 3, 2026

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP
Free · No credit card required

Track TROO and 6,200+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

6,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is TROOPS, Inc. (TROO) halal to invest in?
Based on AAOIFI Standard 21 screening, TROOPS, Inc. (TROO) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did TROOPS, Inc. get a A+ compliance rating?
TROOPS, Inc. (TROO) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change TROOPS, Inc.'s Shariah verdict?
TROOPS, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is TROOPS, Inc. re-screened for Shariah compliance?
TROOPS, Inc. (TROO) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Sep 3, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.