What is Primech Holdings Ltd. Ordinary Shares's Shariah compliance score?

Primech Holdings Ltd. Ordinary Shares's (PMEC) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Primech Holdings Ltd. Ordinary Shares pass AAOIFI screening?

Primech Holdings Ltd. Ordinary Shares (PMEC) 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% (PMEC: 92.6%), (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 Primech Holdings Ltd. Ordinary Shares 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 Primech Holdings Ltd. Ordinary Shares (PMEC) using the latest financial data.

Where can I screen Primech Holdings Ltd. Ordinary Shares for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Primech Holdings Ltd. Ordinary Shares (PMEC) 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 PMEC's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

PMEC: Is Primech Holdings Ltd. Ordinary Shares Halal?

Primech Holdings Ltd. Ordinary Shares

NASDAQIndustrialsSG

$0.52

+8.15%

Market Cap: 20.0M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Primech Holdings Ltd. Ordinary Shares (PMEC) halal? Not Halal. Based on AAOIFI screening, Primech Holdings Ltd. Ordinary Shares 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

Over the limit

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

92.6% of 30.0% limit

What this means for you

Most scholars advise not holding PMEC

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Primech Holdings Ltd. Ordinary Shares

Primech Holdings Ltd. (PMEC) is a Singaporean company specializing in comprehensive facility management and stewarding services for both public and private sector clients. Its facility management division encompasses routine cleaning and maintenance for a diverse array of public and private premises. This includes major transport hubs (like airports), public spaces (such as parks, conservancy areas, and public roads), residential properties (including public housing estates and common areas of condominiums), commercial and industrial sites (offices, retail stores, factories), educational institutions, and healthcare facilities. Beyond general upkeep, Primech also provides professional housekeeping services, alongside specialized cleaning solutions like marble polishing, building façade maintenance, and clean room sanitization. Waste management and pest control complete this segment of their offerings. Furthermore, Primech delivers stewarding services, primarily focusing on kitchen hygiene and cleaning for hotels, restaurants, and healthcare facilities. This segment also involves the provision of temporary customer service officers and food and beverage staff to these same sectors. The company also manages HomeHelpy, an online platform enabling individual clients to easily book cleaning services for their homes and offices. Additionally, Primech manufactures and distributes a range of cleaning supplies, including hand soaps, dispensers, various cleaning fluids, and garbage bags, tailored for general, floor, carpet, restroom, and kitchen applications. They also market specialized treatment products for the marine industry under their D'Bond brand. Established in Singapore in 2020, Primech Holdings Ltd. operates as a subsidiary of Sapphire Universe Holdings Limited.

Sector: Industrials · Industry: Specialty Business Services

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 2026Data source: FMP

Halal Alternatives in Industrials

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

0064.KLA+

Efficient E-Solutions Berhad

$0.10

+0.06%

0122.KLA+

Advance Information Marketing Berhad

$0.06

+0.00%

0133.KLA+

Sanichi Technology Berhad

$0.07

+0.00%

0199.KLA+

Tri-Mode System (M) Berhad

$0.17

+0.00%

0217.KLA+

Powerwell Holdings Berhad

$1.07

+0.00%

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United Parcel Service, Inc.

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Frequently Asked Questions

Is Primech Holdings Ltd. Ordinary Shares (PMEC) halal to invest in?

Primech Holdings Ltd. Ordinary Shares (PMEC) 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 Primech Holdings Ltd. Ordinary Shares get a F compliance rating?

Primech Holdings Ltd. Ordinary Shares (PMEC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 92.6% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Primech Holdings Ltd. Ordinary Shares's Shariah verdict?

Primech Holdings Ltd. 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 Primech Holdings Ltd. Ordinary Shares re-screened for Shariah compliance?

Primech Holdings Ltd. Ordinary Shares (PMEC) 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.