Is CTW Cayman (CTW) Halal?
Shariah Screening — 5 Standards
Based on financial data from July 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 6.3% / 30% | 11.0% / 30% | 2.4% / 30% | 0.55% / 5% | ✓ HALAL |
| DJIM | 6.3% / 33% | 11.0% / 33% | 2.4% / 33% | 0.55% / 5% | ✓ HALAL |
| MSCI | 14.9% / 33% | 26.3% / 33% | 5.7% / 33% | 0.55% / 5% | ✓ HALAL |
| S&P | 6.3% / 33% | 11.0% / 33% | 2.4% / 33% | 0.55% / 5% | ✓ HALAL |
| FTSE | 14.9% / 33% | 26.3% / 33% | 5.7% / 50% | 0.55% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 75.6% | |
| Operating Margin | -1.1% | |
| Net Margin | 4.2% | |
| Return on Equity (ROE) | 14.9% | |
| Return on Assets (ROA) | -1.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $111,375 |
| Free Cash Flow | -$742,122 |
| Total Debt | $7M |
| Debt-to-Equity | 25.1 |
| Current Ratio | 2.1 |
| Total Assets | $47M |
Price & Trading
| Last Close | $2.27 |
| 50-Day MA | $1.71 |
| 200-Day MA | $2.02 |
| Avg Volume | 45K |
|
52-Week Range
$1.10
| |
About CTW Cayman (CTW)
CTW Cayman operates a web-based gaming platform in Japan and Singapore. The company offers an immersive digital space through its flagship HTML5 platform, G123.jp, which provides a selection of free-to-play games inspired by Japanese animations. It also engages in the provision of removing barriers to gameplay, including downloads, installations, and mandatory registrations through different types of devices comprising mobile devices and PCs. In addition, the company offers support to game developers, such as game distribution support, localization and translation of in-game content, and IP related design support; sound effects, music, and interface elements; game distribution services consisting of hosting games on its platform and distributing games through its network and server resources, and related software and systems. Further, it provides marketing services and customer support. The company was founded in 2013 and is headquartered in Tokyo, Japan. CTW Cayman operates as a subsidiary of CTW (BVI) LTD.
Purification Calculator
As a halal stock with 0.55% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is CTW Cayman (CTW) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CTW Cayman 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 CTW Cayman's debt ratio?
CTW Cayman's debt ratio is 6.3% 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 14.9%.
Does CTW Cayman require dividend purification?
Yes, CTW Cayman has an impermissible income ratio of 0.55%, which means 0.55% 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 CTW Cayman's key financial metrics?
CTW Cayman has a market capitalization of $139M, trailing P/E ratio of 37.1, and revenue of $90M. The company maintains a gross margin of 75.6% and a net margin of 4.2%. Return on equity stands at 14.9%.
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.