Is CL Workshop Group Ltd (NWGL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 121.3% / 30% | 14.1% / 30% | 19.8% / 30% | 0.06% / 5% | ✗ NOT HALAL |
| DJIM | 121.3% / 33% | 14.1% / 33% | 19.8% / 33% | 0.06% / 5% | ✗ NOT HALAL |
| MSCI | 62.5% / 33% | 7.3% / 33% | 10.2% / 33% | 0.06% / 5% | ✗ NOT HALAL |
| S&P | 121.3% / 33% | 14.1% / 33% | 19.8% / 33% | 0.06% / 5% | ✗ NOT HALAL |
| FTSE | 62.5% / 33% | 7.3% / 33% | 10.2% / 50% | 0.06% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 23.6% | |
| Operating Margin | -2.4% | |
| Net Margin | -40.9% | |
| Return on Equity (ROE) | -68.7% | |
| Return on Assets (ROA) | -7.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $2M |
| Free Cash Flow | $2M |
| Total Debt | $26M |
| Debt-to-Equity | 95.8 |
| Current Ratio | 1.6 |
| Total Assets | $41M |
Price & Trading
| Last Close | $0.77 |
| 50-Day MA | $1.18 |
| 200-Day MA | $1.29 |
| Avg Volume | 47K |
| Beta | 1.9 |
|
52-Week Range
$0.61
| |
About CL Workshop Group Ltd (NWGL)
CL Workshop Group Limited, an integrated forestry company, engages in management and harvesting, and down-stream wood-processing and distribution activities. It operates in two divisions, Direct Purchase and Original Design Manufacturer Services; and Manufacturing segments. The company offers logs, decking and flooring products, sawn timber, recycled and synthesized charcoal, machine-made charcoal, and essential oil products. It also provides IT and business consultancy services. The company serves importers, retailers, and processors through its sales network in Europe, South Asia, South America, North America, and China. The company was formerly known as Nature Wood Group Limited and changed its name to CL Workshop Group Limited in December 2025. CL Workshop Group Limited was incorporated in 2011 and is based in Macau. As of October 22, 2025, CL Workshop Group Limited operates as a subsidiary of TUTU Business Services Limited.
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Frequently Asked Questions
Is CL Workshop Group Ltd (NWGL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CL Workshop Group 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 CL Workshop Group Ltd's debt ratio?
CL Workshop Group Ltd's debt ratio is 121.3% 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 62.5%.
What are CL Workshop Group Ltd's key financial metrics?
CL Workshop Group Ltd has a market capitalization of $10M, and revenue of $22M. The company maintains a gross margin of 23.6% and a net margin of -40.9%. Return on equity stands at -68.7%.
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.