JBDI Holdings Limited

JBDI: Is JBDI Holdings Limited Halal?

JBDI Holdings Limited

NASDAQIndustrialsSG

$1.37

-0.72%

Market Cap: 6.5M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is JBDI Holdings Limited (JBDI) halal? Not Halal. Based on AAOIFI screening, JBDI Holdings 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

Over the limit

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

31.1% of 30.0% limit

What this means for you

Most scholars advise not holding JBDI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About JBDI Holdings Limited

JBDI Holdings Limited trades reconditioned and new containers in Singapore and the Southeast Asia region. It offers reconditioning and new steel drums, plastic drums, carboys, and intermediate bulk containers. The company also provides ancillary services to its customers, including reconditioning services for used containers; disposal and collection/delivery services; and wastewater treatment services. It serves solvent, chemical, petroleum, and edible product oil industries. The company was founded in 1983 and is based in Singapore. JBDI Holdings Limited is a subsidiary of E U Holdings Pte. Ltd.

Sector: Industrials · Industry: Industrial - Distribution

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 2024Data source: FMP
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Frequently Asked Questions

Is JBDI Holdings Limited (JBDI) halal to invest in?
JBDI Holdings Limited (JBDI) 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 JBDI Holdings Limited get a F compliance rating?
JBDI Holdings Limited (JBDI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 31.1% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change JBDI Holdings Limited's Shariah verdict?
JBDI Holdings 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 JBDI Holdings Limited re-screened for Shariah compliance?
JBDI Holdings Limited (JBDI) 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.