Is MyTech Group Berhad (7692.KL) halal? Doubtful. Based on AAOIFI screening, MyTech Group Berhad passes the business activity screen but has financial ratios approaching AAOIFI limits.

7692.KL β€” Is MyTech Group Berhad Halal?

Doubtful

MyTech Group Berhad

KLSEIndustrialsMY

$0.29

+0.00%

About MyTech Group Berhad

MyTech Group Berhad (7692.KL) is listed on Bursa Malaysia (KLSE) and is not on the Securities Commission Malaysia's official Shariah-compliant list.

Sector: Industrials Β· Industry: Tools & Accessories

Why This Stock Is Doubtful

  • Interest-bearing deposits are 45.0% of market cap β€” only -15.0 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

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 7692.KL Dividends

0.5% non-compliant income

7692.KL has 0.5% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

71.4M

Price

$0.29

Sector

Industrials

Industry

Tools & Accessories

More Industrials Stocks

GE

GE Aerospace

B

CAT

Caterpillar Inc.

A+

RTX

RTX Corporation

A

UNP

Union Pacific Corporation

A

HON

Honeywell International Inc.

B+

UPS

United Parcel Service, Inc.

B+
Free β€” No credit card required

Track 7692.KL and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started FreeBrowse Screener
10,000+ assets AAOIFI standards Free watchlist

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.