Is BTM Resources Berhad (7188.KL) halal? Doubtful. Based on AAOIFI screening, BTM Resources Berhad passes the business activity screen but has financial ratios approaching AAOIFI limits.
7188.KL — Is BTM Resources Berhad Halal?
DoubtfulBTM Resources Berhad
$0.04
+0.00%
About BTM Resources Berhad
BTM Resources Berhad (7188.KL) is listed on Bursa Malaysia (KLSE) and is not on the Securities Commission Malaysia's official Shariah-compliant list.
Sector: Basic Materials · Industry: Lumber & Wood Production
Why This Stock Is Doubtful
- Interest-bearing deposits are 44.2% of market cap — only -14.2 points below the 30% 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 7188.KL Dividends
Calculate your purification amount for 7188.KL dividends based on AAOIFI standards.
Financial Overview
Market Cap
44.0M
Price
$0.04
Sector
Basic Materials
Industry
Lumber & Wood Production
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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.