Is ICT Zone Asia Berhad (0358.KL) halal? Doubtful. Based on AAOIFI screening, ICT Zone Asia Berhad passes the business activity screen but has financial ratios approaching AAOIFI limits.
0358.KL — Is ICT Zone Asia Berhad Halal?
DoubtfulICT Zone Asia Berhad
$0.18
+0.00%
About ICT Zone Asia Berhad
ICT Zone Asia Berhad (0358.KL) is listed on Bursa Malaysia (KLSE) and is not on the Securities Commission Malaysia's official Shariah-compliant list.
Sector: Technology · Industry: Information Technology Services
Why This Stock Is Doubtful
- Debt is 84.2% of market cap — only -54.2 points below the 30% AAOIFI limit
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
Based on AAOIFI screening standards
Insufficient Data
Not enough data to grade
Business Activity Screen
FailedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Financial Ratio Screen
FailedFinancial ratios must be below AAOIFI thresholds
Purify Your 0358.KL Dividends
0.0% non-compliant income0358.KL has 0.0% prohibited income. Calculate exactly how much of your dividends to donate.
Financial Overview
Market Cap
143.2M
Price
$0.18
Sector
Technology
Industry
Information Technology Services
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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.