Alpha Technology Group Limited

ATGL: Is Alpha Technology Group Limited Halal?

Alpha Technology Group Limited

NASDAQTechnologyHK

$6.72

-0.44%

Market Cap: 102.6M

Compliance Status

Halal

Screened on Sep 3, 2026 · AAOIFI Standard 21

A+

Excellent

96Score

Is Alpha Technology Group Limited (ATGL) halal? Halal. Based on AAOIFI screening, Alpha Technology Group Limited passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 96/100 (Grade: A+).

Quote this verdict

HalalScreener rates Alpha Technology Group Limited (ATGL) Halal, 96/100, grade A+ under AAOIFI Standard 21, screened Sep 3, 2026. Source: https://halalscreener.app/en/stock/ATGL

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

0.7% of 30.0% limit

What this means for you

You can own ATGL

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened ATGL's prohibited income, but the exact share you would need to purify is part of Pro.

About Alpha Technology Group Limited

Alpha Technology Group Limited (ATGL), operating via its subsidiary network, specializes in delivering cloud-centric information technology solutions within Hong Kong. Its core offerings encompass bespoke, cloud-hosted Customer Relationship Management (CRM) and Enterprise Resource Planning (ERP) systems. The firm also excels in developing web and mobile applications and leverages artificial intelligence to provide Optical Character Recognition (OCR) services. Furthermore, ATGL ensures robust system functionality through comprehensive technological support, maintenance, and enhancement services. The company caters to a diverse client base spanning numerous sectors, including consulting, real estate, e-payment, logistics, retail, and social services. Established in 2022, its operations are headquartered in Kwun Tong, Hong Kong.

Sector: Technology · Industry: Software - Infrastructure

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 3, 2026

Compliance History

  1. Halalnow

    since Aug 2026

  2. Under Review

    until the change above

  3. Not Halal

    until the change above

  4. Doubtful

    until the change above

  5. Halal

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is Alpha Technology Group Limited (ATGL) halal to invest in?
Based on AAOIFI Standard 21 screening, Alpha Technology Group Limited (ATGL) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Alpha Technology Group Limited get a A+ compliance rating?
Alpha Technology Group Limited (ATGL) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Alpha Technology Group Limited's Shariah verdict?
Alpha Technology Group Limited's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Alpha Technology Group Limited re-screened for Shariah compliance?
Alpha Technology Group Limited (ATGL) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Sep 3, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

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.