Is Chin Teck Plantations Berhad (1929.KL) halal? Doubtful. Based on AAOIFI screening, Chin Teck Plantations Berhad passes the business activity screen but has financial ratios approaching AAOIFI limits.
1929.KL β Is Chin Teck Plantations Berhad Halal?
DoubtfulChin Teck Plantations Berhad
$11.00
+0.00%
About Chin Teck Plantations Berhad
Chin Teck Plantations Berhad (1929.KL) is listed on Bursa Malaysia (KLSE) and is not on the Securities Commission Malaysia's official Shariah-compliant list.
Sector: Consumer Defensive Β· Industry: Farm Products
Why This Stock Is Doubtful
- Interest-bearing deposits are 58.1% of market cap β only -28.1 points below the 30% limit
- Non-compliant income is 4.3% of revenue β only 0.7 points below the 5% 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 1929.KL Dividends
4.3% non-compliant income1929.KL has 4.3% prohibited income. Calculate exactly how much of your dividends to donate.
Financial Overview
Market Cap
1.0B
Price
$11.00
Sector
Consumer Defensive
Industry
Farm Products
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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.