What is High-Trend International Group's Shariah compliance score?

High-Trend International Group's (HTCO) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does High-Trend International Group pass AAOIFI screening?

High-Trend International Group (HTCO) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (HTCO: 0.5%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for High-Trend International Group 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 High-Trend International Group (HTCO) using the latest financial data.

Where can I screen High-Trend International Group for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for High-Trend International Group (HTCO) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about HTCO's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

HTCO: Is High-Trend International Group Halal?

High-Trend International Group

NASDAQIndustrialsSG

$2.85

+0.18%

Market Cap: 24.0M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is High-Trend International Group (HTCO) halal? Not Halal. Based on AAOIFI screening, High-Trend International Group passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

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%.

0.5% of 30.0% limit

What this means for you

Most scholars advise not holding HTCO

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About High-Trend International Group

High-Trend International Group, a maritime logistics firm established in Singapore in 2022, operates with a global footprint. The company delivers ocean transportation services, spanning key hubs like Hong Kong and Singapore to various international destinations. Beyond its core shipping activities, High-Trend is dedicated to advancing sustainable maritime practices, providing innovative solutions for marine decarbonization and managing digital carbon assets for the wider shipping industry. Its primary operations involve facilitating seaborne cargo movement through voyage contracts, as well as offering comprehensive vessel services on behalf of ship owners. The entity was formerly recognized as Caravelle International Group before adopting its current name in January 2025.

Sector: Industrials · Industry: Marine Shipping

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

Halal Alternatives in Industrials

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is High-Trend International Group (HTCO) halal to invest in?

High-Trend International Group (HTCO) 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 High-Trend International Group get a F compliance rating?

High-Trend International Group (HTCO) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.5% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change High-Trend International Group's Shariah verdict?

High-Trend International Group'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 High-Trend International Group re-screened for Shariah compliance?

High-Trend International Group (HTCO) 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.