Euro Tech Holdings Company Limited

CLWT: Is Euro Tech Holdings Company Limited Halal?

Euro Tech Holdings Company Limited

NASDAQIndustrialsHK

$1.63

+3.82%

Market Cap: 12.1M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Euro Tech Holdings Company Limited (CLWT) halal? Not Halal. Based on AAOIFI screening, Euro Tech Holdings Company Limited passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

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%.

2.7% of 30.0% limit

What this means for you

Most scholars advise not holding CLWT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Euro Tech Holdings Company Limited

Established in Hong Kong in 1971, Euro Tech Holdings Company Limited primarily supplies a diverse range of equipment and related solutions to commercial enterprises and government bodies across Hong Kong and mainland China. The company operates via two principal divisions: Trading and Manufacturing, and Engineering. Its core offerings include vital infrastructure components such as water treatment systems, laboratory instrumentation, analytical devices, diagnostic test kits, and power generation equipment. Euro Tech's extensive product portfolio encompasses advanced analytical instruments, including spectrophotometers, chromatographs, and mass spectrometers, along with critical environmental monitoring tools for air and water quality. It also provides general-purpose laboratory equipment and specialized sample pre-treatment apparatus. Additionally, the company distributes a variety of general testing and measurement devices, such as multi-channel recorders, signal amplifiers, and calibration tools, often utilized for energy efficiency, renewable energy applications, power quality analysis, and continuous emissions monitoring systems. Air pollution control systems are also supplied to major clients in sectors like power generation, railway, aerospace, utilities, and academic institutions. Furthermore, Euro Tech delivers sophisticated process control systems, featuring sensors, temperature and pressure gauges, flow meters, and various control and calibration devices. Beyond product distribution, the company offers a comprehensive suite of services, including systems engineering, ongoing maintenance, installation support, and calibration. Euro Tech also actively designs, operates, and manages complex projects related to wastewater, water, and power generation. Its technological offerings extend to programmable logic controllers (PLCs), telemetry units, and supervisory control and data acquisition (SCADA) systems and software.

Sector: Industrials · Industry: Industrial - Pollution & Treatment Controls

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Not 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 Euro Tech Holdings Company Limited (CLWT) halal to invest in?
Euro Tech Holdings Company Limited (CLWT) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Euro Tech Holdings Company Limited get a F compliance rating?
Euro Tech Holdings Company Limited (CLWT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Euro Tech Holdings Company Limited's Shariah verdict?
Euro Tech Holdings Company 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 Euro Tech Holdings Company Limited re-screened for Shariah compliance?
Euro Tech Holdings Company Limited (CLWT) 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.