Is CK Asset (1113) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 34.4% / 30% | 21.5% / 30% | 1.3% / 30% | 0.0% / 5% | ✗ NOT HALAL |
| DJIM | 34.4% / 33% | 21.5% / 33% | 1.3% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| MSCI | 11.5% / 33% | 7.2% / 33% | 0.4% / 33% | 0.0% / 5% | ✓ HALAL |
| S&P | 34.4% / 33% | 21.5% / 33% | 1.3% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| FTSE | 11.5% / 33% | 7.2% / 33% | 0.4% / 50% | 0.0% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 44.1% | |
| Operating Margin | 16.0% | |
| Net Margin | 19.2% | |
| Return on Equity (ROE) | 2.7% | |
| Return on Assets (ROA) | 1.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $11.9B |
| Free Cash Flow | $9.6B |
| Total Debt | $57.6B |
| Debt-to-Equity | 13.8 |
| Current Ratio | 4.5 |
| Total Assets | $501.8B |
Price & Trading
| Last Close | HKD 44.34 |
| 50-Day MA | HKD 46.28 |
| 200-Day MA | HKD 40.03 |
| Avg Volume | 5.4M |
| Beta | 0.5 |
|
52-Week Range
HKD 28.10
| |
About CK Asset (1113)
CK Asset Holdings Limited operates as a property developer in Hong Kong, the Mainland, Singapore, the United Kingdom, continental Europe, Australia, and Canada. It is involved in the leasing of office, industrial, retail, residential, and other properties; property investment and development activities; and pub, and hotel and serviced suite operation businesses. The company also offers property and project management, finance, and property agency services, as well as invests in infrastructure and utility asset operation. The company was formerly known as Cheung Kong Property Holdings Limited and changed its name to CK Asset Holdings Limited in September 2017. CK Asset Holdings Limited was incorporated in 2015 and is headquartered in Central, Hong Kong.
Related Halal Stocks in Real Estate
Frequently Asked Questions
Is CK Asset (1113) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CK Asset is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is CK Asset's debt ratio?
CK Asset's debt ratio is 34.4% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 11.5%.
What are CK Asset's key financial metrics?
CK Asset has a market capitalization of $153.9B, trailing P/E ratio of 14.2, and revenue of $45.5B. The company maintains a gross margin of 44.1% and a net margin of 19.2%. Return on equity stands at 2.7%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.