Is PTL Ltd (PTLE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.1% / 30% | 7.9% / 30% | 12.7% / 30% | 0.01% / 5% | ✓ HALAL |
| DJIM | 0.1% / 33% | 7.9% / 33% | 12.7% / 33% | 0.01% / 5% | ✓ HALAL |
| MSCI | 0.3% / 33% | 38.1% / 33% | 61.5% / 33% | 0.01% / 5% | ✗ NOT HALAL |
| S&P | 0.1% / 33% | 7.9% / 33% | 12.7% / 33% | 0.01% / 5% | ✓ HALAL |
| FTSE | 0.3% / 33% | 38.1% / 33% | 61.5% / 50% | 0.01% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 2.0% | |
| Operating Margin | 4.1% | |
| Net Margin | -4.5% | |
| Return on Equity (ROE) | -81.0% | |
| Return on Assets (ROA) | -19.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$764,758 |
| Free Cash Flow | -$764,758 |
| Total Debt | $36,923 |
| Debt-to-Equity | 0.2 |
| Current Ratio | 2.9 |
| Total Assets | $13M |
Price & Trading
| Last Close | $4.84 |
| 50-Day MA | $8.44 |
| 200-Day MA | $13.21 |
| Avg Volume | 60K |
|
52-Week Range
$4.00
| |
About PTL Ltd (PTLE)
PTL Limited, through its subsidiaries, provides marine fuel logistics services for vessel refueling in Hong Kong and internationally. The company offers vessel refueling services to container ships, bulk carriers, general cargo vessels, and chemical tankers. It also purchases and sells marine fuel, including low sulfur fuel oil, high sulfur fuel oil, and low sulfur marine gas oil directly to its customers. The company was founded in 2023 and is based in Singapore. PTL Limited operates as a subsidiary of Ptle Limited.
Purification Calculator
As a halal stock with 0.01% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is PTL Ltd (PTLE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), PTL Ltd 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 PTL Ltd's debt ratio?
PTL Ltd's debt ratio is 0.1% 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 0.3%.
Does PTL Ltd require dividend purification?
Yes, PTL Ltd has an impermissible income ratio of 0.01%, which means 0.01% 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 PTL Ltd's key financial metrics?
PTL Ltd has a market capitalization of $31M, and revenue of $98M. The company maintains a gross margin of 2.0% and a net margin of -4.5%. Return on equity stands at -81.0%.
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.