Is VCI Global Ltd (VCIG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 32.3% / 30% | 864.3% / 30% | 3154.7% / 30% | 0.01% / 5% | ✗ NOT HALAL |
| DJIM | 32.3% / 33% | 864.3% / 33% | 3154.7% / 33% | 0.01% / 5% | ✗ NOT HALAL |
| MSCI | 0.3% / 33% | 8.8% / 33% | 32.3% / 33% | 0.01% / 5% | ✓ HALAL |
| S&P | 32.3% / 33% | 864.3% / 33% | 3154.7% / 33% | 0.01% / 5% | ✗ NOT HALAL |
| FTSE | 0.3% / 33% | 8.8% / 33% | 32.3% / 50% | 0.01% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 51.2% | |
| Operating Margin | 22.9% | |
| Net Margin | 19.4% | |
| Return on Equity (ROE) | 6.1% | |
| Return on Assets (ROA) | 3.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $100M |
| Free Cash Flow | $88M |
| Total Debt | $1M |
| Debt-to-Equity | 0.4 |
| Current Ratio | 2.3 |
| Total Assets | $409M |
Price & Trading
| Last Close | $1.71 |
| 50-Day MA | $17.09 |
| 200-Day MA | $840.83 |
| Avg Volume | 642K |
| Beta | 1.7 |
|
52-Week Range
$1.41
| |
About VCI Global Ltd (VCIG)
VCI Global Limited, together with its subsidiaries, provides business and technology consulting services in Malaysia. It operates through Business Strategy Consultancy; Technology Development, Solutions and Consultancy; and Interest Income segments. The company offers business strategy consultancy services, including listing solutions, investors relations, and boardroom strategies consultancy. It also provides technology development, solutions, and consultancy services, such as digital development, fintech solution, and software solutions. In addition, the company engages in corporate and business advisory services in corporate finance, corporate structuring and restructuring, equity investment, and merger and acquisition; listings on recognized stock exchanges; fintech advisory; information technology development; and computer software programming. Further, it offers cybersecurity solutions; artificial intelligence solutions; fintech solutions; and digital transformation and enterprise solution development. Additionally, the company is involved in provision of artificial intelligence; image processing; communication; networking and process control software services; money lending activities; education and training services; and real estate management consultancy services. The company serves its products to small-medium enterprises and government-linked agencies, as well as to publicly traded conglomerates across various industries. VCI Global Limited was founded in 2013 and is headquartered in Kuala Lumpur, Malaysia.
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Frequently Asked Questions
Is VCI Global Ltd (VCIG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), VCI Global 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 VCI Global Ltd's debt ratio?
VCI Global Ltd's debt ratio is 32.3% 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 0.3%.
What are VCI Global Ltd's key financial metrics?
VCI Global Ltd has a market capitalization of $3M, trailing P/E ratio of 0.0, and revenue of $124M. The company maintains a gross margin of 51.2% and a net margin of 19.4%. Return on equity stands at 6.1%.
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.