Is Reitar Logtech Holdings Limited (RITR) Stock Halal or Haram?
Reitar Logtech Holdings Limited (RITR) - Not Halal (Non-Compliant)
Reitar Logtech Holdings Limited (RITR) 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
Engineering & Construction
Result
Pass
Reason
The sector "Industrials" and industry "Engineering & Construction" are not in the excluded categories.
Financial Ratios
Debt Ratio
Value: 735.7% | Threshold: 30% | Result: Fail
Cash & Interest-bearing Securities Ratio
Value: 56.5% | Threshold: 30% | Result: Fail
Non-Permissible Income Ratio
Value: 0.3% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.27%.Based on the company's financial statements, approximately 0.27% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.27% of total income). Some scholars may differ on the exact calculation method.
About Reitar Logtech Holdings Limited
Reitar Logtech Holdings Limited, through its subsidiaries, provides construction management and engineering design services in Hong Kong. The company operates in two segments, Construction Management and Engineering Design Services; and Asset Management and Professional Consultancy Services. It provides construction management and engineering design services for cold storage facilities, automated warehouses, renovated offices, and tailor-made electrical systems. It also offers asset management services for construction projects, including refrigerated storages and warehouses; and professional consultancy services for construction projects, such as renovation works, interior designs and modification of commercial units, and residential and commercial redevelopment works. It serves logistics property investors, including investment funds and property owners; and logistics operators and direct users. The company was founded in 2015 and is based in Kwun Tong, Hong Kong.
Frequently Asked Questions
Is Reitar Logtech Holdings Limited (RITR) stock halal to invest in?
Based on the company's financial statements, approximately 0.27% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.27% of total income). Some scholars may differ on the exact calculation method.
Uses quarterly data
About Reitar Logtech Holdings Limited
Reitar Logtech Holdings Limited, through its subsidiaries, provides construction management and engineering design services in Hong Kong. The company operates in two segments, Construction Management and Engineering Design Services; and Asset Management and Professional Consultancy Services. It provides construction management and engineering design services for cold storage facilities, automated warehouses, renovated offices, and tailor-made electrical systems. It also offers asset management services for construction projects, including refrigerated storages and warehouses; and professional consultancy services for construction projects, such as renovation works, interior designs and modification of commercial units, and residential and commercial redevelopment works. It serves logistics property investors, including investment funds and property owners; and logistics operators and direct users. The company was founded in 2015 and is based in Kwun Tong, Hong Kong.
Hong KongNASDAQIndustrials
Screened using AAOIFI Standard No. 21 on October 20, 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 Aug 3, 2026. We started recording changes on Oct 19, 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, Reitar Logtech Holdings Limited (RITR) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Reitar Logtech Holdings Limited's interest income ratio is 56.5% of total revenue. AAOIFI standards require this to be below 30%.
RITR 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.
Reitar Logtech Holdings Limited'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.
You can save RITR to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Dividends from Reitar Logtech Holdings Limited require purification. Approximately 0.27% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
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, Reitar Logtech Holdings Limited (RITR) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does Reitar Logtech Holdings Limited have any interest income?
Reitar Logtech Holdings Limited's interest income ratio is 56.5% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if RITR stock is Shariah-compliant?
RITR 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 Reitar Logtech Holdings Limited stock reviewed for Shariah compliance?
Reitar Logtech Holdings Limited'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 Reitar Logtech Holdings Limited's compliance status?
You can save RITR to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Are dividends from Reitar Logtech Holdings Limited stock considered halal?
Dividends from Reitar Logtech Holdings Limited require purification. Approximately 0.27% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Do I need to pay Zakat on my Reitar Logtech Holdings Limited 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.
