Is Negri Sembilan Oil Palms Berhad (2038.KL) halal? Doubtful. Based on AAOIFI screening, Negri Sembilan Oil Palms Berhad passes the business activity screen but has financial ratios approaching AAOIFI limits.

2038.KL β€” Is Negri Sembilan Oil Palms Berhad Halal?

Doubtful

Negri Sembilan Oil Palms Berhad

KLSEConsumer DefensiveMY

$5.20

+0.00%

About Negri Sembilan Oil Palms Berhad

Negri Sembilan Oil Palms Berhad (2038.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 61.3% of market cap β€” only -31.3 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

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 Cap0.0% / 30.0%
Screened: Jun 1, 2026Fiscal: Not on SC compliant list (May 2025)Source: SC_EXCLUDED

Purify Your 2038.KL Dividends

3.0% non-compliant income

2038.KL has 3.0% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

365.1M

Price

$5.20

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.