Is SMTrack Berhad (0169.KL) halal? Doubtful. Based on AAOIFI screening, SMTrack Berhad passes the business activity screen but has financial ratios approaching AAOIFI limits.

0169.KL β€” Is SMTrack Berhad Halal?

Doubtful

SMTrack Berhad

KLSETechnologyMY

$0.01

+0.00%

About SMTrack Berhad

SMTrack Berhad (0169.KL) is listed on Bursa Malaysia (KLSE) and is not on the Securities Commission Malaysia's official Shariah-compliant list.

Sector: Technology Β· Industry: Information Technology Services

Why This Stock Is Doubtful

  • Debt is 145.0% of market cap β€” only -115.0 points below the 30% AAOIFI 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

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 Cap145.0% / 30.0%
Screened: Jun 1, 2026Fiscal: Not on SC compliant list (May 2025)Source: SC_EXCLUDED

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Financial Overview

Market Cap

6.6M

Price

$0.01

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.