How much purification is needed for Creative Global Technology Holdings Limited Ordinary Shares stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Creative Global Technology Holdings Limited Ordinary Shares (CGTL) using the latest financial data.

CGTL: Is Creative Global Technology Holdings Limited Ordinary Shares Halal?

Creative Global Technology Holdings Limited Ordinary Shares

NASDAQIndustrialsHK

$4.39

-6.00%

Market Cap: 6.9M

Compliance Status

Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

A+

Excellent

100Score

Is Creative Global Technology Holdings Limited Ordinary Shares (CGTL) halal? Halal. Based on AAOIFI screening, Creative Global Technology Holdings Limited Ordinary Shares passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 100/100 (Grade: A+).

AvoidBorderlineClean

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%.

0.0% of 30.0% limit

What this means for you

You can own CGTL

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

Purification amount is Pro

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

About Creative Global Technology Holdings Limited Ordinary Shares

Creative Global Technology Holdings Limited (CGTL), an investment holding entity based in Hong Kong, primarily focuses on the acquisition and redistribution of second-hand consumer electronics. Its offerings encompass smartphones, tablets, and laptops. The company's operations are channelled through its 2016-founded subsidiary, Creative Global Technology (Hong Kong) Limited (CGTHK). CGTHK procures these pre-owned devices from vendors in the United States, Japan, and other industrialized nations, then supplies them to wholesale clients throughout Southeast Asia and beyond.

Sector: Industrials · Industry: Industrial - Distribution

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP

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Frequently Asked Questions

Is Creative Global Technology Holdings Limited Ordinary Shares (CGTL) halal to invest in?

Based on AAOIFI Standard 21 screening, Creative Global Technology Holdings Limited Ordinary Shares (CGTL) 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 Creative Global Technology Holdings Limited Ordinary Shares get a A+ compliance rating?

Creative Global Technology Holdings Limited Ordinary Shares (CGTL) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Creative Global Technology Holdings Limited Ordinary Shares's Shariah verdict?

Creative Global Technology Holdings Limited Ordinary Shares'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 Creative Global Technology Holdings Limited Ordinary Shares re-screened for Shariah compliance?

Creative Global Technology Holdings Limited Ordinary Shares (CGTL) 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: Aug 26, 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.