Is NetX Holdings Berhad (0020.KL) halal? Doubtful. Based on AAOIFI screening, NetX Holdings Berhad has involvement in prohibited business activities.

0020.KL — Is NetX Holdings Berhad Halal?

Doubtful

NetX Holdings Berhad

KLSETechnologyMY

$0.06

+0.00%

About NetX Holdings Berhad

NetX Holdings Berhad (0020.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

Shariah Compliance Status

Based on AAOIFI screening standards

D

Insufficient Data

Not enough data to grade

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market CapN/A / 30.0%
Screened: Jun 1, 2026Fiscal: Not on SC compliant list (May 2025)Source: SC_EXCLUDED

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Financial Overview

Market Cap

51.6M

Price

$0.06

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.