Is Reitar Logtech Holdings Ltd (RITR) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 161.2% / 30% | 40.3% / 30% | 459.3% / 30% | 0.27% / 5% | ✗ NOT HALAL |
| DJIM | 161.2% / 33% | 40.3% / 33% | 459.3% / 33% | 0.27% / 5% | ✗ NOT HALAL |
| MSCI | 24.4% / 33% | 6.1% / 33% | 69.6% / 33% | 0.27% / 5% | ✗ NOT HALAL |
| S&P | 161.2% / 33% | 40.3% / 33% | 459.3% / 33% | 0.27% / 5% | ✗ NOT HALAL |
| FTSE | 24.4% / 33% | 6.1% / 33% | 69.6% / 50% | 0.27% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 15.9% | |
| Operating Margin | -10.4% | |
| Net Margin | 2.1% | |
| Return on Equity (ROE) | 1.9% | |
| Return on Assets (ROA) | 2.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$62M |
| Free Cash Flow | -$66M |
| Total Debt | $82M |
| Debt-to-Equity | 51.8 |
| Current Ratio | 1.6 |
| Total Assets | $334M |
Price & Trading
| Last Close | $0.55 |
| 50-Day MA | $0.78 |
| 200-Day MA | $2.61 |
| Avg Volume | 1.5M |
|
52-Week Range
$0.51
| |
About Reitar Logtech Holdings Ltd (RITR)
Reitar Logtech Holdings Limited, through its subsidiaries, provides construction management and engineering design services in Hong Kong. The company operates in two segments, Construction Management and Engineering Design Services; and Asset Management and Professional Consultancy Services. It provides construction management and engineering design services for cold storage facilities, automated warehouses, renovated offices, and tailor-made electrical systems. It also offers asset management services for construction projects, including refrigerated storages and warehouses; and professional consultancy services for construction projects, such as renovation works, interior designs and modification works of commercial units, and residential or commercial redevelopment works. It serves logistics property investors, including investment funds and property owners; and logistics operators and direct users. The company was founded in 2015 and is based in Kwun Tong, Hong Kong.
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Frequently Asked Questions
Is Reitar Logtech Holdings Ltd (RITR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Reitar Logtech Holdings 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 Reitar Logtech Holdings Ltd's debt ratio?
Reitar Logtech Holdings Ltd's debt ratio is 161.2% 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 24.4%.
What are Reitar Logtech Holdings Ltd's key financial metrics?
Reitar Logtech Holdings Ltd has a market capitalization of $36M, trailing P/E ratio of 28.7, and revenue of $378M. The company maintains a gross margin of 15.9% and a net margin of 2.1%. Return on equity stands at 1.9%.
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.