What is New Century Logistics (BVI) Limited's Shariah compliance score?

New Century Logistics (BVI) Limited (NCEW) has a Shariah compliance score of 99/100 (Grade: A+, Excellent). 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 New Century Logistics (BVI) Limited pass AAOIFI screening?

New Century Logistics (BVI) Limited (NCEW) passes AAOIFI Shariah screening. 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%. NCEW's debt-to-market-cap is 0.8%.

How much purification is needed for New Century Logistics (BVI) Limited?

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 New Century Logistics (BVI) Limited (NCEW) using the latest financial data.

Where can I screen New Century Logistics (BVI) Limited for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for New Century Logistics (BVI) Limited (NCEW) 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.

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Compliance Status

Halal

Screened on Oct 10, 2026 · AAOIFI Standard 21

A+

Excellent

99Score

Is New Century Logistics (BVI) Limited (NCEW) halal? Halal. Based on AAOIFI screening, New Century Logistics (BVI) Limited passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 99/100 (Grade: A+).

Quote this verdict

HalalScreener rates New Century Logistics (BVI) Limited (NCEW) Halal, 99/100, grade A+ under AAOIFI Standard 21, screened Oct 10, 2026. Source: https://halalscreener.app/en/stock/NCEW

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%.

0.8% 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 can own NCEW

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

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

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NCEW: Is New Century Logistics (BVI) Limited Halal?

New Century Logistics (BVI) Limited

NASDAQIndustrialsHK

$16.80

Market Cap: 53.8M

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About New Century Logistics (BVI) Limited

New Century Logistics (BVI) Limited, operating through its subsidiaries, provides a full spectrum of freight forwarding and logistics services within Hong Kong. The company specializes in managing both air and ocean cargo, facilitating both import and export shipments. Its extensive service portfolio encompasses securing optimal cargo space, efficient cargo collection, specialized off-airport air cargo security screening, professional palletization, meticulous preparation of shipping documentation, streamlined customs clearance, and expert cargo handling at port facilities. Furthermore, New Century Logistics offers robust warehousing, distribution solutions, X-ray inspection services, and the management of associated logistical gate fees. The firm was established in 2019 and bases its primary operations in Kwun Tong, Hong Kong.

Sector: Industrials · Industry: Integrated Freight & Logistics

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 10, 2026

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The verdict above is final and free.

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Screened according to AAOIFI Standard 21

Compliance History

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 New Century Logistics (BVI) Limited (NCEW) halal to invest in?

Based on AAOIFI Standard 21 screening, New Century Logistics (BVI) Limited (NCEW) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did New Century Logistics (BVI) Limited get a A+ compliance rating?

New Century Logistics (BVI) Limited (NCEW) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.8% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change New Century Logistics (BVI) Limited's Shariah verdict?

New Century Logistics (BVI) 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 New Century Logistics (BVI) Limited re-screened for Shariah compliance?

New Century Logistics (BVI) Limited (NCEW) 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 10, 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.