Is Joe Holding Berhad (7096.KL) halal? Doubtful. Based on AAOIFI screening, Joe Holding Berhad passes the business activity screen but has financial ratios approaching AAOIFI limits.
7096.KL β Is Joe Holding Berhad Halal?
DoubtfulJoe Holding Berhad
$0.06
+0.00%
About Joe Holding Berhad
Joe Holding Berhad (7096.KL) is listed on Bursa Malaysia (KLSE) and is not on the Securities Commission Malaysia's official Shariah-compliant list.
Sector: Consumer Cyclical Β· Industry: Auto Parts
Why This Stock Is Doubtful
- Debt is 324.8% of market cap β only -294.8 points below the 30% AAOIFI limit
- Interest-bearing deposits are 487.7% of market cap β only -457.7 points below the 30% limit
- Non-compliant income is 22.7% of revenue β only -17.7 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 7096.KL Dividends
22.7% non-compliant income7096.KL has 22.7% prohibited income. Calculate exactly how much of your dividends to donate.
Financial Overview
Market Cap
18.4M
Price
$0.06
Sector
Consumer Cyclical
Industry
Auto Parts
More Consumer Cyclical Stocks
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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.