What is Eltek Ltd.'s Shariah compliance score?

Eltek Ltd. (ELTK) has a Shariah compliance score of 54/100 (Grade: C+, Fair). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Eltek Ltd. pass AAOIFI screening?

Eltek Ltd. (ELTK) is rated Doubtful under AAOIFI Shariah screening, which is neither a clear pass nor a clear fail. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. ELTK's debt-to-market-cap is 25.0%.

How much purification is needed for Eltek Ltd.?

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 percentage and amount for Eltek Ltd. (ELTK) using the latest financial data.

Where can I screen Eltek Ltd. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Eltek Ltd. (ELTK) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

ELTKDoubtfulC+

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Compliance Status

Doubtful

Screened on Oct 11, 2026 · AAOIFI Standard 21

C+

Fair

54Score

Is Eltek Ltd. (ELTK) halal? Doubtful. Based on AAOIFI screening, Eltek Ltd. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 54/100 (Grade: C+).

Quote this verdict

HalalScreener rates Eltek Ltd. (ELTK) Doubtful, 54/100, grade C+ under AAOIFI Standard 21, screened Oct 11, 2026. Source: https://halalscreener.app/en/stock/ELTK

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

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

25.0% of 30.0% limit

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

What this means for you

You may own ELTK, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purification amount is Pro

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

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ELTK: Is Eltek Ltd. Halal?

Eltek Ltd.

NASDAQTechnologyIL

$7.68

-1.13%

Market Cap: 51.6M

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About Eltek Ltd.

Eltek Ltd. is an international supplier of printed circuit boards (PCBs), overseeing their manufacturing, distribution, and sale across various regions including Israel, Europe, North America, India, and the Netherlands. The company's product line features a wide selection of custom-engineered PCBs, encompassing traditional rigid, double-sided, and multi-layer boards, alongside more specialized flexible and flex-rigid circuitry. Additionally, they provide high-density interconnect (HDI) solutions. Eltek primarily serves a diverse range of clients, including original equipment manufacturers (OEMs) in critical industries such as defense, aerospace, medical, industrial, telecommunications, and networking. Contract electronic manufacturers also form a significant portion of its customer base. The company employs a multi-faceted sales strategy, reaching customers via its in-house direct sales team, a network of independent sales representatives, and partnerships with PCB trading and manufacturing enterprises. Founded in 1970, Eltek Ltd. is headquartered in Petach Tikva, Israel, and operates as a subsidiary of Nistec Golan Ltd.

Sector: Technology · Industry: Hardware, Equipment & Parts

Why This Stock Is Doubtful

Interest-bearing debt is 25.0% of market cap, only 5.0 points below the 30% AAOIFI 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

AAOIFI Standard 21Updated Oct 11, 2026

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Screened according to AAOIFI Standard 21

Compliance History

Doubtfulnow
since Oct 2026
Halal
until the change above

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

Fiscal: Q2 2026Data source: FMP

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Frequently Asked Questions

Is Eltek Ltd. (ELTK) halal to invest in?

Eltek Ltd. (ELTK) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.

Why did Eltek Ltd. get a C+ compliance rating?

Eltek Ltd. (ELTK) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 25.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Eltek Ltd.'s Shariah verdict?

Eltek Ltd.'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 Eltek Ltd. re-screened for Shariah compliance?

Eltek Ltd. (ELTK) 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: Oct 11, 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.