Creative Global Technology Hold (CGTL) - Questionable
Creative Global Technology Hold (CGTL) 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 Cyclical
- Industry
- Specialty Retail
- Result
- Doubtful
- Reason
- This company requires further review: the industry "Specialty Retail" has mixed revenue streams that require further analysis. The sector "Consumer Cyclical" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
- Debt Ratio
- Value: 0.4% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 3.7% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.01%.Based on the company's financial statements, approximately 0.01% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.01% of total income). Some scholars may differ on the exact calculation method.
About Creative Global Technology Hold
Creative Global Technology Holdings Limited, an investment holding company, engages in sourcing and reselling recycled consumer electronic devices in Hong Kong. The company wholesales, retails, and rents pre-owned consumer electronic devices, such as smartphones, tablets, and laptops; as well as involved in trading activities. It also offers its products through online. The company was founded in 2016 and is headquartered in Kwun Tong, Hong Kong. Creative Global Technology Holdings Limited is a subsidiary of HSZ Holdings Limited.
Frequently Asked Questions
Is Creative Global Technology Hold (CGTL) stock halal to invest in?
According to AAOIFI Shariah screening standards, Creative Global Technology Hold (CGTL) is currently classified as Questionable. This is based on both business activity and financial ratio screening.

