Is Green Circle Decarbonize Techno (GCDT) Stock Halal or Haram?
Green Circle Decarbonize Techno (GCDT) - Not Halal (Non-Compliant)
Green Circle Decarbonize Techno (GCDT) 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
Industrials
Industry
Specialty Industrial Machinery
Result
Pass
Reason
The sector "Industrials" and industry "Specialty Industrial Machinery" are not in the excluded categories.
Financial Ratios
Debt Ratio
Value: 7.0% | Threshold: 30% | Result: Pass
Cash & Interest-bearing Securities Ratio
Value: 33.8% | Threshold: 30% | Result: Fail
Non-Permissible Income Ratio
Value: 0.4% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.37%.Based on the company's financial statements, approximately 0.37% 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 (0.37% of total income). Some scholars may differ on the exact calculation method.
About Green Circle Decarbonize Techno
Green Circle Decarbonize Technology Limited, through its subsidiary, engages in the design, development, and manufacturing of energy saving solutions. The company specializes in phase change material (PCM) thermal energy storage (TES) technology. It offers thermal energy storage technology for use in heating and cooling applications, and power generation; phase change material that offers temporary storage of excess thermal energy for use in heating, ventilation, air conditioning, and refrigeration applications; and BocaPCM-TES Panel, a high density polyethylene plastic encapsulated container for use in heating, ventilation, and air conditioning and refrigeration applications. It also provides BocaPCM-TES tanks and systems, and automatic control systems. The company was founded in 1992 and is based in Kwun Tong, Hong Kong. Green Circle Decarbonize Technology Limited operates as a subsidiary of Joyful Star Limited.
Frequently Asked Questions
Is Green Circle Decarbonize Techno (GCDT) stock halal to invest in?
Based on the company's financial statements, approximately 0.37% 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 (0.37% of total income). Some scholars may differ on the exact calculation method.
About Green Circle Decarbonize Techno
Green Circle Decarbonize Technology Limited, through its subsidiary, engages in the design, development, and manufacturing of energy saving solutions. The company specializes in phase change material (PCM) thermal energy storage (TES) technology. It offers thermal energy storage technology for use in heating and cooling applications, and power generation; phase change material that offers temporary storage of excess thermal energy for use in heating, ventilation, air conditioning, and refrigeration applications; and BocaPCM-TES Panel, a high density polyethylene plastic encapsulated container for use in heating, ventilation, and air conditioning and refrigeration applications. It also provides BocaPCM-TES tanks and systems, and automatic control systems. The company was founded in 1992 and is based in Kwun Tong, Hong Kong. Green Circle Decarbonize Technology Limited operates as a subsidiary of Joyful Star Limited.
Hong KongAMEXIndustrials
Screened using AAOIFI Standard No. 21 on October 26, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.
Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.
Verdict history
Free with an account.
No verdict changes recorded since first screened on Oct 26, 2026. We started recording changes on Oct 26, 2026.
Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.
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Frequently Asked Questions
According to AAOIFI Shariah screening standards, Green Circle Decarbonize Techno (GCDT) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Identified interest income is 0.4% of Green Circle Decarbonize Techno's total income. AAOIFI standards require non-permissible income to be below 5%.
GCDT is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
Green Circle Decarbonize Techno's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
Watch GCDT free with a Mizaan account. Watched stocks are re-checked weekly, and any verdict change is dated in the verdict history on this page. Premium members also get an alert when it changes.
Approximately 0.37% of dividend income from Green Circle Decarbonize Techno comes from non-permissible sources such as interest income. Many investors purify that share by donating it to charity; scholars differ on the details, so check with one you trust.
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
According to AAOIFI Shariah screening standards, Green Circle Decarbonize Techno (GCDT) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does Green Circle Decarbonize Techno have any interest income?
Identified interest income is 0.4% of Green Circle Decarbonize Techno's total income. AAOIFI standards require non-permissible income to be below 5%.
What guidelines are used to determine if GCDT stock is Shariah-compliant?
GCDT is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
How often is Green Circle Decarbonize Techno stock reviewed for Shariah compliance?
Green Circle Decarbonize Techno's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
How can I stay updated on Green Circle Decarbonize Techno's compliance status?
Watch GCDT free with a Mizaan account. Watched stocks are re-checked weekly, and any verdict change is dated in the verdict history on this page. Premium members also get an alert when it changes.
Are dividends from Green Circle Decarbonize Techno stock considered halal?
Approximately 0.37% of dividend income from Green Circle Decarbonize Techno comes from non-permissible sources such as interest income. Many investors purify that share by donating it to charity; scholars differ on the details, so check with one you trust.
Do I need to pay Zakat on my Green Circle Decarbonize Techno shares?
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
