IOTRNot HalalF
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Compliance Status

Not Halal

Screened on Oct 8, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is iOThree Limited Ordinary Shares (IOTR) halal? Not Halal. Based on AAOIFI screening, iOThree Limited Ordinary Shares passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates iOThree Limited Ordinary Shares (IOTR) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 8, 2026. Source: https://halalscreener.app/en/stock/IOTR

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

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

20.6% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding IOTR

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

iOThree Limited Ordinary Shares

IOTR: Is iOThree Limited Ordinary Shares Halal?

iOThree Limited Ordinary Shares

NASDAQCommunication ServicesSG

$1.95

Market Cap: 5.9M

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About iOThree Limited Ordinary Shares

iOThree Limited, headquartered in Singapore, specializes in providing advanced digital solutions tailored for the maritime sector. These offerings include essential satellite communication services and comprehensive tools for digitalization, all aimed at accelerating the shipping industry's evolution into a more digitally integrated future.

Sector: Communication Services · Industry: Telecommunications Services

Why this does not pass

  • Interest-bearing deposits were over the 30% limit and have not yet cleared it by our clearing margin, so the verdict is held.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 8, 2026

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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

Compliance History

  1. Not Halalnow

    since Sep 2026

  2. Halal

    until the change above

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

Fiscal: FY 2026Data source: FMP

Halal Alternatives in Communication Services

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

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8,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is iOThree Limited Ordinary Shares (IOTR) halal to invest in?
iOThree Limited Ordinary Shares (IOTR) 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 iOThree Limited Ordinary Shares get a F compliance rating?
iOThree Limited Ordinary Shares (IOTR) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 20.6% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change iOThree Limited Ordinary Shares's Shariah verdict?
iOThree 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 iOThree Limited Ordinary Shares re-screened for Shariah compliance?
iOThree Limited Ordinary Shares (IOTR) 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 8, 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.