Is Copley Acquisition Corp (COPL) Halal?

NYSE Financial Services Hong Kong $245M
✗ NOT HALAL
Confidence: 95/100
Copley Acquisition Corp (COPL) is Not Halal under AAOIFI Standard 21 due to its classification in the Shell Companies industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Shell Companies ✗ NOT HALAL
DJIM Excluded — Shell Companies ✗ NOT HALAL
MSCI Excluded — Shell Companies ✗ NOT HALAL
S&P Excluded — Shell Companies ✗ NOT HALAL
FTSE Excluded — Shell Companies ✗ NOT HALAL

Financial Highlights

P/B Ratio
-48.0

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%

Cash Flow & Balance Sheet

Total Debt$72,773
Total Assets$436,025

Price & Trading

Last Close$10.34
50-Day MA$10.29
200-Day MA$10.17
Avg Volume8K
52-Week Range
$9.98
$10.34

About Copley Acquisition Corp (COPL)

CEO
Mr. Chi Yin Ng
Sector
Financial Services
Industry
Shell Companies
Country
Hong Kong
Exchange
NYSE
Market Cap
$245M
Currency
USD

Copley Acquisition Corp does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus on identifying companies in the technology or lifestyle sectors in the Asia Pacific and North American region. The company was incorporated in 2024 and is based in Central, Hong Kong.

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Frequently Asked Questions

Is Copley Acquisition Corp (COPL) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Copley Acquisition Corp 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 Copley Acquisition Corp's debt ratio?

Copley Acquisition Corp's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Copley Acquisition Corp's key financial metrics?

Copley Acquisition Corp has a market capitalization of $245M.

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.