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0023.KLHalal
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Compliance Status

Halal

Screened on Aug 23, 2026 · SC Malaysia list

Is IFCA MSC Bhd (0023.KL) halal? Halal. IFCA MSC Bhd is classified Shariah-compliant by the Securities Commission Malaysia (SAC), the official regulator for Bursa Malaysia.

Quote this verdict

HalalScreener rates IFCA MSC Bhd (0023.KL) Halal under the Securities Commission Malaysia Shariah list, screened Aug 23, 2026. Source: https://halalscreener.app/en/stock/0023.KL

Screened under the SC's official two-tier methodology (business-activity benchmarks plus debt/total-assets and cash/total-assets below 33%), aligned with AAOIFI principles.

What this means for you

You can own 0023.KL

It is on the Securities Commission Malaysia's official list of Shariah-compliant securities.

Purification amount is Pro

We have screened 0023.KL's prohibited income, but the exact share you would need to purify is part of Pro.

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0023.KL: Is IFCA MSC Bhd Halal?

IFCA MSC Bhd

KLSETechnologyMY

RM 0.21

+0.02%

Market Cap: 123.0M

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About IFCA MSC Bhd

IFCA MSC Bhd (0023.KL) is listed on Bursa Malaysia (KLSE) and classified Shariah-compliant by the Securities Commission Malaysia's Shariah Advisory Council, effective 29 May 2026.

Sector: Technology

Shariah Compliance Status

SC Malaysia listUpdated Aug 23, 2026

AI Compliance Insight

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Shariah Status: Official

Compliant

IFCA MSC Bhd is classified Shariah-compliant by the Securities Commission Malaysia (SAC), the official regulator for Bursa Malaysia.

Market Cap

RM 0.12B

Total Debt

RM 0.00B

Cash & Deposits

RM 0.06B

Revenue

RM 0.08B

Screened under the SC's official two-tier methodology (business-activity benchmarks plus debt/total-assets and cash/total-assets below 33%), aligned with AAOIFI principles. Financials shown for reference (Yahoo Finance).

HalalScreener AAOIFI Analysis

Informational

Our independent AAOIFI financial-ratio screen (market-cap basis). The halal/haram verdict above is the Securities Commission Malaysia's official ruling: it also weighs business activity and uses a total-assets basis (33% limit), so these ratios can differ from the verdict (e.g. a low-market-cap utility can exceed 30% here yet remain SC-compliant).

Company debtWell clear of the limit0.3% / 30.0%

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

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Card needed, nothing charged today

Screened according to AAOIFI Standard 21

Compliance History

Halal, unchanged since May 2025.

No status changes recorded since we began tracking.

Tracked since May 2025. Updates automatically on each re-screen.

Fiscal: SC SAC official list, effective 29 May 2026Data source: SC_OFFICIAL

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Frequently Asked Questions

Is IFCA MSC Bhd (0023.KL) halal to invest in?
IFCA MSC Bhd (0023.KL) is classified Shariah-compliant by the Securities Commission Malaysia (SAC), the official regulator for Bursa Malaysia. Screened under the SC's official two-tier methodology (business-activity benchmarks plus debt/total-assets and cash/total-assets below 33%), aligned with AAOIFI principles.
How does the Securities Commission Malaysia decide IFCA MSC Bhd's status?
The status shown for IFCA MSC Bhd is the Securities Commission Malaysia's, not a grade we computed. The SC's Shariah Advisory Council applies a two-tier test: a business-activity benchmark, then financial ratios (cash and debt each below 33% of total assets).
What could change IFCA MSC Bhd's Shariah verdict?
The Securities Commission Malaysia reviews its list twice a year (typically May and November). IFCA MSC Bhd's status may change at the next review if its business activities shift into prohibited sectors or its financial ratios exceed the SC's limits.
How often is IFCA MSC Bhd re-screened for Shariah compliance?
The Securities Commission Malaysia publishes its updated list twice a year, in May and November. HalalScreener checks for a new edition every week and updates the status after each publication.

Status from the Securities Commission Malaysia's official list of Shariah-compliant securities · 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. For Bursa Malaysia securities, the status shown is the Securities Commission Malaysia's official list, attributed to the SC. It is not our own ruling. 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.