SKK Holdings Limited (SKK) - Not Halal (Non-Compliant)
SKK Holdings Limited (SKK) 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: 49.4% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 3.0% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.1% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.08%.Based on the company's financial statements, approximately 0.08% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.08% of total income). Some scholars may differ on the exact calculation method.
About SKK Holdings Limited
SKK Holdings Limited, through its subsidiaries, provides civil engineering services in Singapore. The company undertakes subsurface utility works, such as public utility projects, electricity and telecommunication cable laying works, water pipeline works, and sewer rehabilitation works. It also offers gas pipeline and sewer construction works; and underground piping, underground utility infrastructure construction and maintenance, horizontal directional drilling, and plumbing and sanitary works. The company serves government authorities, utility companies, and contractors. SKK Holdings Limited was founded in 2013 and is headquartered in Singapore.
Frequently Asked Questions
Is SKK Holdings Limited (SKK) stock halal to invest in?
According to AAOIFI Shariah screening standards, SKK Holdings Limited (SKK) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does SKK Holdings Limited have any interest income?
SKK Holdings Limited's interest income ratio is 3.0% of total revenue. AAOIFI standards require this to be below 30%.

