Is Digistar Corporation Berhad (0029.KL) halal? Doubtful. Based on AAOIFI screening, Digistar Corporation Berhad passes the business activity screen but has financial ratios approaching AAOIFI limits.
0029.KL β Is Digistar Corporation Berhad Halal?
DoubtfulDigistar Corporation Berhad
$0.04
+0.00%
About Digistar Corporation Berhad
Digistar Corporation Berhad (0029.KL) is listed on Bursa Malaysia (KLSE) and is not on the Securities Commission Malaysia's official Shariah-compliant list.
Sector: Industrials Β· Industry: Conglomerates
Why This Stock Is Doubtful
- Debt is 728.1% of market cap β only -698.1 points below the 30% AAOIFI limit
- Interest-bearing deposits are 235.0% of market cap β only -205.0 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 0029.KL Dividends
2.3% non-compliant income0029.KL has 2.3% prohibited income. Calculate exactly how much of your dividends to donate.
Financial Overview
Market Cap
25.1M
Price
$0.04
Sector
Industrials
Industry
Conglomerates
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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.