Agape ATP Corporation (ATPC) - Questionable
Agape ATP Corporation (ATPC) is classified as Questionable 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 Defensive
- Industry
- Packaged Foods
- Result
- Doubtful
- Reason
- This company requires further review: the industry "Packaged Foods" has mixed revenue streams that require further analysis. The sector "Consumer Defensive" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
- Debt Ratio
- Value: 1.2% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 1.2% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.1% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.14%.Based on the company's financial statements, approximately 0.14% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.14% of total income). Some scholars may differ on the exact calculation method.
About Agape ATP Corporation
Agape ATP Corporation, an investment holding company, supplies health and wellness products and health solution advisory services in Malaysia. The company operates in two segments, Skin care, health and wellness; and Green energy. It offers two series of programs that consist of various services and products under the ATP Zeta Health Program and E.A.T.S. names. The company also provides ionized and high bioavailability nutrients to enhance absorption at the cellular level, energized mineral concentrate, soy protein isolate powder, LIVO5, and solutions for sustainability and energy savings; and promotes environmental stewardship. In addition, it promotes wellness and wellbeing lifestyle through online editorials, programs, events, and campaigns, as well as provides health therapies. Further, the company provides renewable energy products, technical solutions, installations, and maintenance services, as well as digital wellness platform. Agape ATP Corporation was incorporated in 2016 and is headquartered in Kuala Lumpur, Malaysia.

