Is Asia File Corporation Bhd. (7129.KL) halal? Doubtful. Based on AAOIFI screening, Asia File Corporation Bhd. passes the business activity screen but has financial ratios approaching AAOIFI limits.
7129.KL — Is Asia File Corporation Bhd. Halal?
DoubtfulAsia File Corporation Bhd.
$1.32
+0.00%
About Asia File Corporation Bhd.
Asia File Corporation Bhd. (7129.KL) is listed on Bursa Malaysia (KLSE) and is not on the Securities Commission Malaysia's official Shariah-compliant list.
Sector: Industrials · Industry: Business Equipment & Supplies
Why This Stock Is Doubtful
- Interest-bearing deposits are 151.9% of market cap — only -121.9 points below the 30% limit
- Non-compliant income is 5.2% of revenue — only -0.2 points below the 5% 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 7129.KL Dividends
5.2% non-compliant income7129.KL has 5.2% prohibited income. Calculate exactly how much of your dividends to donate.
Financial Overview
Market Cap
250.0M
Price
$1.32
Sector
Industrials
Industry
Business Equipment & Supplies
More Industrials Stocks
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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.