Is Sam Engineering (2828) Halal?

KLS Consumer Defensive Malaysia $405M
✗ NOT HALAL
Confidence: 90/100
Sam Engineering (2828) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 135.5% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Sam Engineering operates in the Consumer Defensive sector.

Shariah Screening — 5 Standards

Based on financial data from June 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 135.5%
/ 30%
86.6%
/ 30%
175.8%
/ 30%
0.0%
/ 5%
✗ NOT HALAL
DJIM 135.5%
/ 33%
86.6%
/ 33%
175.8%
/ 33%
0.0%
/ 5%
✗ NOT HALAL
MSCI 38.9%
/ 33%
24.8%
/ 33%
50.4%
/ 33%
0.0%
/ 5%
✗ NOT HALAL
S&P 135.5%
/ 33%
86.6%
/ 33%
175.8%
/ 33%
0.0%
/ 5%
✗ NOT HALAL
FTSE 38.9%
/ 33%
24.8%
/ 33%
50.4%
/ 50%
0.0%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
7.1
EPS
$0.35
Dividend Yield
800.0%
Payout: 57.9%
P/B Ratio
0.8
EV/EBITDA
7.5
EV: $961M
Revenue
$4.8B
Growth: -2.8%
Beta
0.1
Low volatility
Current Ratio
1.5

Profitability

Gross Margin 4.7%
Operating Margin 2.3%
Net Margin 1.0%
Return on Equity (ROE) 15.8%
Return on Assets (ROA) 5.9%

Cash Flow & Balance Sheet

Operating Cash Flow-$139M
Free Cash Flow-$199M
Total Debt$566M
Debt-to-Equity95.9
Current Ratio1.5
Total Assets$1.5B

Price & Trading

Last CloseMYR 2.50
50-Day MAMYR 2.64
200-Day MAMYR 2.63
Avg Volume16K
Beta0.1
52-Week Range
MYR 2.34
MYR 2.80

About Sam Engineering (2828)

CEO
Mr. Mohd Aizat Bin Mohd Yusoff
Employees
574
Sector
Consumer Defensive
Industry
Packaged Foods
Country
Malaysia
Exchange
KLS
Market Cap
$405M
Currency
MYR

C.I. Holdings Berhad, an investment holding company, engages in manufacturing, selling, and packing various types of edible oils in Malaysia, Africa, Asia, and internationally. It operates through, Edible Oil, Investment holding segments. The company offers a range of vegetable-based oils comprising RBD palm olein, palm oil, soybean oil, canola oil, sunflower oil, corn oil, soft oils, and coconut oil, as well as vegetable ghee, and sweetened condensed milk. It also undertakes contract blending and packing of vegetable-based edible oils for other edible oil producers. C.I. Holdings Berhad was incorporated in 1978 and is based in Kuala Lumpur, Malaysia.

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Frequently Asked Questions

Is Sam Engineering (2828) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Sam Engineering 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 Sam Engineering's debt ratio?

Sam Engineering's debt ratio is 135.5% 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 38.9%.

What are Sam Engineering's key financial metrics?

Sam Engineering has a market capitalization of $405M, trailing P/E ratio of 7.1, and revenue of $4.8B. The company maintains a gross margin of 4.7% and a net margin of 1.0%. Return on equity stands at 15.8%.

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.