Is QL Resources (7084) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 8.7% / 30% | 4.6% / 30% | 3.8% / 30% | 0.21% / 5% | ✓ HALAL |
| DJIM | 8.7% / 33% | 4.6% / 33% | 3.8% / 33% | 0.21% / 5% | ✓ HALAL |
| MSCI | 21.2% / 33% | 11.3% / 33% | 9.2% / 33% | 0.21% / 5% | ✓ HALAL |
| S&P | 8.7% / 33% | 4.6% / 33% | 3.8% / 33% | 0.21% / 5% | ✓ HALAL |
| FTSE | 21.2% / 33% | 11.3% / 33% | 9.2% / 50% | 0.21% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 22.5% | |
| Operating Margin | 10.2% | |
| Net Margin | 6.2% | |
| Return on Equity (ROE) | 12.8% | |
| Return on Assets (ROA) | 6.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $899M |
| Free Cash Flow | $603M |
| Total Debt | $1.3B |
| Debt-to-Equity | 29.9 |
| Current Ratio | 1.6 |
| Total Assets | $5.9B |
Price & Trading
| Last Close | MYR 3.75 |
| 50-Day MA | MYR 3.96 |
| 200-Day MA | MYR 4.17 |
| Avg Volume | 2.6M |
| Beta | 0.3 |
|
52-Week Range
MYR 3.57
| |
About QL Resources (7084)
QL Resources Berhad, an investment holding, operates as an agro-food company in Malaysia, Indonesia, Vietnam, and internationally. It is involved in the deep-sea fishing and aquaculture farming activities; and manufacture and sale of fishmeal, surimi, surimi-based products, seafood snacks, aquaculture livestock products, organic fertilizers, and halal food products; manufacturing, processing, and sale of animal feeds; and trading of feed supplement, animal health food, and agricultural products, as well as raw materials for animal feeds, lubricants, foodstuffs, and livestock. The company also distributes biologically digested feeding raw materials, animal feeds, poultry, and related products; and cultivates, processes, and markets oil palm products. In addition, it is involved in the provision transportation services; crude palm oil milling; shrimp, poultry, layer, breeder, and broiler farming activities; and property holding, letting, leasing, and investment activities. Further, the company engages in the processing and wholesale of frozen chicken parts; wholesale and distribution of rice flour; poultry breeding and farming; feed milling; dealing and installation of green solar power energy products; operation of a biogas power plant; processing and selling frozen seafood; deep sea fishing and jetty operation; and coastal fish trawling and wholesale of marine products. Additionally, it produces and supplies biologically digested feeding raw materials; manufactures, repairs, installs, commissions, and services biomass boilers; produces biomass electric power generation system; supplies biomass; supplies and installs power generation system; operates and franchises convenience stores and restaurant; operates centralized kitchens; and provides management services. The company was incorporated in 1997 and is based in Shah Alam, Malaysia.
Purification Calculator
As a halal stock with 0.21% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is QL Resources (7084) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), QL Resources is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is QL Resources's debt ratio?
QL Resources's debt ratio is 8.7% 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 21.2%.
Does QL Resources require dividend purification?
Yes, QL Resources has an impermissible income ratio of 0.21%, which means 0.21% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are QL Resources's key financial metrics?
QL Resources has a market capitalization of $13.8B, trailing P/E ratio of 31.5, and revenue of $7.0B. The company maintains a gross margin of 22.5% and a net margin of 6.2%. Return on equity stands at 12.8%.
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.