SCIENTX (4731.KL) - Not Halal (Non-Compliant)
SCIENTX (4731.KL) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Consumer Cyclical
- Industry
- Packaging & Containers
- Result
- Pass
- Reason
- The sector "Consumer Cyclical" and industry "Packaging & Containers" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 35.7% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 6.2% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.6% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.00%.No non-permissible income detected in the financial statements. No purification is required based on available data.
About SCIENTX
Scientex Berhad, an investment holding company, manufactures, markets, and sells stretch films and various flexible plastic packaging (FPP) products. It operates through Packaging and Property segments. The company offers polypropylene (PP) strapping bands, stretch and shrink hoods, shrink films, heavy duty sacks, flexible intermediate bulk container (FIBC) bags, Raffia high-density polyethylene (HDPE) and PP tapes, agricultural films, and polyethylene (PE) flexitanks tubing; consumer products, such as PE lamination films, biaxially oriented polypropylene, cast polypropylene, metallized, general, barrier, and printed films; wicket bags, polyurethane adhesives, multi-layered FPP solutions, and fully compostable bio polybutylene succinate products. The company operates in Malaysia, Japan, Australia, Indonesia, Singapore, Thailand, the Philippines, the United States, Myanmar, New Zealand, and internationally. The company was formerly known as Scientex Incorporated Bhd and changed its name to Scientex Berhad in March 2008. Scientex Berhad was incorporated in 1968 and is headquartered in Shah Alam, Malaysia.
Frequently Asked Questions
Is SCIENTX (4731.KL) stock halal to invest in?
According to AAOIFI Shariah screening standards, SCIENTX (4731.KL) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.