Is TechCreate Group Ltd. (TCGL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 0.0% / 30% | 0.0% / 30% | 0.04% / 5% | ✓ HALAL |
| DJIM | 0.0% / 33% | 0.0% / 33% | 0.0% / 33% | 0.04% / 5% | ✓ HALAL |
| MSCI | 30.0% / 33% | 42.6% / 33% | 13.4% / 33% | 0.04% / 5% | ✗ NOT HALAL |
| S&P | 0.0% / 33% | 0.0% / 33% | 0.0% / 33% | 0.04% / 5% | ✓ HALAL |
| FTSE | 30.0% / 33% | 42.6% / 33% | 13.4% / 50% | 0.04% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 37.9% | |
| Operating Margin | 2.9% | |
| Net Margin | -20.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$1M |
| Free Cash Flow | -$1M |
| Total Debt | $847,178 |
| Debt-to-Equity | 83.5 |
| Current Ratio | 2.1 |
| Total Assets | $3M |
Price & Trading
| Last Close | $172.84 |
| 50-Day MA | $141.51 |
| 200-Day MA | $65.62 |
| Avg Volume | 644K |
|
52-Week Range
$3.95
| |
About TechCreate Group Ltd. (TCGL)
TechCreate Group Ltd., a technology consultancy and software solution company, offers payment, cybersecurity, and digital services and solutions in Singapore, Brunei, and Cambodia. The company offers development of Real-Time Engine, Real-Time Payment, application programming interface management, and other services, such as cybersecurity defense, IT infrastructure, and cloud services. It also provides software licenses, maintenance licenses, and hardware solutions. It serves large institutions, financial institutions, and telecommunication companies. The company was founded in 2015 and is based in Singapore.
Purification Calculator
As a halal stock with 0.04% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is TechCreate Group Ltd. (TCGL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), TechCreate Group 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 TechCreate Group Ltd.'s debt ratio?
TechCreate Group Ltd.'s debt ratio is 0.0% 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 30.0%.
Does TechCreate Group Ltd. require dividend purification?
Yes, TechCreate Group Ltd. has an impermissible income ratio of 0.04%, which means 0.04% 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 TechCreate Group Ltd.'s key financial metrics?
TechCreate Group Ltd. has a market capitalization of $3.5B, and revenue of $3M. The company maintains a gross margin of 37.9% and a net margin of -20.7%.
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.