ChowChow Cloud International Ho (CHOW) - Not Halal (Non-Compliant)
ChowChow Cloud International Ho (CHOW) 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
- Technology
- Industry
- Software - Infrastructure
- Result
- Pass
- Reason
- The sector "Technology" and industry "Software - Infrastructure" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 27.9% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 127.7% | Threshold: 30% | Result: Fail
- 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 comes from non-permissible sources; this is the share many investors donate to purify it. This is derived from identified interest income (0.01% of total income). Some scholars may differ on the exact calculation method.
About ChowChow Cloud International Ho
ChowChow Cloud International Holdings Limited, through its subsidiaries, provides cloud solutions to businesses in Hong Kong, Singapore, the Philippines, Macau, Japan, Malaysia, and Indonesia. The company offers digital transformation consulting services, including cloud suitability assessment, real-time resource management, and strategic planning and advisory. It provides a range of IT services to facilitate cloud integration and digital transformation. The company also offers AI-powered cloud managed services; and IT infrastructure solutions, which include on-premises private cloud setups and public cloud integrations. The company was founded in 2014 and is headquartered in Kwun Tong, Hong Kong. ChowChow Cloud International Holdings Limited is a subsidiary of Rainbow Sun Enterprises Limited.
Frequently Asked Questions
Is ChowChow Cloud International Ho (CHOW) stock halal to invest in?
According to AAOIFI Shariah screening standards, ChowChow Cloud International Ho (CHOW) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.


