Is Creative Global Technology Holdings Ltd (CGTL) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.1% / 30% | 0.6% / 30% | 0.0% / 30% | 0.01% / 5% | ✓ HALAL |
| DJIM | 0.1% / 33% | 0.6% / 33% | 0.0% / 33% | 0.01% / 5% | ✓ HALAL |
| MSCI | 0.1% / 33% | 1.0% / 33% | 0.0% / 33% | 0.01% / 5% | ✓ HALAL |
| S&P | 0.1% / 33% | 0.6% / 33% | 0.0% / 33% | 0.01% / 5% | ✓ HALAL |
| FTSE | 0.1% / 33% | 1.0% / 33% | 0.0% / 50% | 0.01% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 10.8% | |
| Operating Margin | 22.1% | |
| Net Margin | -63.2% | |
| Return on Equity (ROE) | -84.9% | |
| Return on Assets (ROA) | -47.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$5M |
| Free Cash Flow | -$5M |
| Total Debt | $18,665 |
| Debt-to-Equity | 0.1 |
| Current Ratio | 72.5 |
| Total Assets | $18M |
Price & Trading
| Last Close | $1.10 |
| 50-Day MA | $2.55 |
| 200-Day MA | $1.32 |
| Avg Volume | 1.3M |
|
52-Week Range
$0.41
| |
About Creative Global Technology Holdings Ltd (CGTL)
Creative Global Technology Holdings Limited, an investment holding company, engages in sourcing and reselling recycled consumer electronic devices in Hong Kong. The company wholesales, retails, and rents pre-owned consumer electronic devices, such as smartphones, tablets, and laptops; as well as involved in trading activities. It also offers its products through online. The company was founded in 2016 and is headquartered in Kwun Tong, Hong Kong. Creative Global Technology Holdings Limited is a subsidiary of HSZ Holdings Limited.
Purification Calculator
As a halal stock with 0.01% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Creative Global Technology Holdings Ltd (CGTL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Creative Global Technology Holdings Ltd 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 Creative Global Technology Holdings Ltd's debt ratio?
Creative Global Technology Holdings Ltd's debt ratio is 0.1% 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 0.1%.
Does Creative Global Technology Holdings Ltd require dividend purification?
Yes, Creative Global Technology Holdings Ltd has an impermissible income ratio of 0.01%, which means 0.01% 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 Creative Global Technology Holdings Ltd's key financial metrics?
Creative Global Technology Holdings Ltd has a market capitalization of $27M, and revenue of $21M. The company maintains a gross margin of 10.8% and a net margin of -63.2%. Return on equity stands at -84.9%.
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.