Is Green Circle Decarbonize Technology Ltd (GCDT) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 96.8% / 30% | 4.6% / 30% | 5.4% / 30% | 0.04% / 5% | ✗ NOT HALAL |
| DJIM | 96.8% / 33% | 4.6% / 33% | 5.4% / 33% | 0.04% / 5% | ✗ NOT HALAL |
| MSCI | 120.1% / 33% | 5.7% / 33% | 6.7% / 33% | 0.04% / 5% | ✗ NOT HALAL |
| S&P | 96.8% / 33% | 4.6% / 33% | 5.4% / 33% | 0.04% / 5% | ✗ NOT HALAL |
| FTSE | 120.1% / 33% | 5.7% / 33% | 6.7% / 50% | 0.04% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 17.4% | |
| Operating Margin | -8.4% | |
| Net Margin | -23.3% | |
| Return on Assets (ROA) | -6.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $5M |
| Free Cash Flow | $4M |
| Total Debt | $29M |
| Current Ratio | 0.2 |
| Total Assets | $24M |
Price & Trading
| Last Close | $1.00 |
| 50-Day MA | $3.07 |
| 200-Day MA | $3.14 |
| Avg Volume | 176K |
|
52-Week Range
$0.77
| |
About Green Circle Decarbonize Technology Ltd (GCDT)
Green Circle Decarbonize Technology Limited, through its subsidiary, engages in the design, development, and manufacturing of energy saving solutions. The company specializes in phase change material (PCM) thermal energy storage (TES) technology. It offers thermal energy storage technology for use in heating and cooling applications, and power generation; phase change material that offers temporary storage of excess thermal energy for use in heating, ventilation, air conditioning, and refrigeration applications; and BocaPCM-TES Panel, a high density polyethylene plastic encapsulated container for use in heating, ventilation, and air conditioning and refrigeration applications. It also provides BocaPCM-TES tanks and systems, and automatic control systems. The company was founded in 1992 and is based in Kwun Tong, Hong Kong. Green Circle Decarbonize Technology Limited is a subsidiary of Joyful Star Limited.
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Frequently Asked Questions
Is Green Circle Decarbonize Technology Ltd (GCDT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Green Circle Decarbonize Technology Ltd 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 Green Circle Decarbonize Technology Ltd's debt ratio?
Green Circle Decarbonize Technology Ltd's debt ratio is 96.8% 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 120.1%.
What are Green Circle Decarbonize Technology Ltd's key financial metrics?
Green Circle Decarbonize Technology Ltd has a market capitalization of $12M, and revenue of $17M. The company maintains a gross margin of 17.4% and a net margin of -23.3%.
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.