Is Linkers Industries Ltd (LNKS) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 42.0% / 30% | 25.0% / 30% | 51.9% / 30% | 0.16% / 5% | ✗ NOT HALAL |
| DJIM | 42.0% / 33% | 25.0% / 33% | 51.9% / 33% | 0.16% / 5% | ✗ NOT HALAL |
| MSCI | 17.4% / 33% | 10.4% / 33% | 21.5% / 33% | 0.16% / 5% | ✓ HALAL |
| S&P | 42.0% / 33% | 25.0% / 33% | 51.9% / 33% | 0.16% / 5% | ✗ NOT HALAL |
| FTSE | 17.4% / 33% | 10.4% / 33% | 21.5% / 50% | 0.16% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 8.1% | |
| Operating Margin | -31.9% | |
| Net Margin | -22.0% | |
| Return on Equity (ROE) | -17.8% | |
| Return on Assets (ROA) | -7.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1M |
| Free Cash Flow | $863,989 |
| Total Debt | $6M |
| Debt-to-Equity | 17.6 |
| Current Ratio | 4.7 |
| Total Assets | $34M |
Price & Trading
| Last Close | $0.03 |
| 50-Day MA | $0.86 |
| 200-Day MA | $0.57 |
| Avg Volume | 3.4M |
|
52-Week Range
$0.02
| |
About Linkers Industries Ltd (LNKS)
Linkers Industries Limited, through its subsidiary, TEM Electronics (M) Sdn. Bhd., manufactures and supplies wire and cable harnesses in Malaysia, Thailand, Switzerland, the United States, and internationally. The company also offers connectors and assemblies. It serves brand name and original equipment manufacturers in the home appliances, industrial products, and automotive industries. The company exports its products. Linkers Industries Limited was founded in 1995 and is headquartered in Sungai Petani, Malaysia.
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Frequently Asked Questions
Is Linkers Industries Ltd (LNKS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Linkers Industries 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 Linkers Industries Ltd's debt ratio?
Linkers Industries Ltd's debt ratio is 42.0% 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 17.4%.
What are Linkers Industries Ltd's key financial metrics?
Linkers Industries Ltd has a market capitalization of $270,043, and revenue of $22M. The company maintains a gross margin of 8.1% and a net margin of -22.0%. Return on equity stands at -17.8%.
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.