Is Zentek Ltd. (ZTEK) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.0% / 30% | 0.2% / 30% | 1.7% / 30% | 11.65% / 5% | ✗ NOT HALAL |
| DJIM | 1.0% / 33% | 0.2% / 33% | 1.7% / 33% | 11.65% / 5% | ✗ NOT HALAL |
| MSCI | 3.7% / 33% | 0.7% / 33% | 6.5% / 33% | 11.65% / 5% | ✗ NOT HALAL |
| S&P | 1.0% / 33% | 0.2% / 33% | 1.7% / 33% | 11.65% / 5% | ✗ NOT HALAL |
| FTSE | 3.7% / 33% | 0.7% / 33% | 6.5% / 50% | 11.65% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 50.5% | |
| Operating Margin | -4155.2% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -56.6% | |
| Return on Assets (ROA) | -30.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$6M |
| Free Cash Flow | -$6M |
| Total Debt | $680,474 |
| Debt-to-Equity | 15.4 |
| Current Ratio | 1.0 |
| Total Assets | $18M |
Price & Trading
| Last Close | $0.56 |
| 50-Day MA | $0.66 |
| 200-Day MA | $0.82 |
| Avg Volume | 275K |
| Beta | 0.3 |
|
52-Week Range
$0.52
| |
About Zentek Ltd. (ZTEK)
Zentek Ltd., together with its subsidiaries, engages in the research and development of graphene and related nanomaterials in Canada. The company develops graphene-based antimicrobial coatings under the ZenGUARD brand, surgical masks, HVAC filters, personal protective equipment, rapid detection point of care diagnostics tests, and pharmaceutical products based on graphene-based compounds. It also developing aptamers and rapid detection; and graphene oxide synthesis and graphene synthesis products. In addition, the company owns a 100% interest in the Albany graphite project located in Northern Ontario, Canada. The company was formerly known as ZEN Graphene Solutions Ltd. and changed its name to Zentek Ltd. in October 2021. Zentek Ltd. was incorporated in 2008 and is headquartered in Guelph, Canada.
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Frequently Asked Questions
Is Zentek Ltd. (ZTEK) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Zentek 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 Zentek Ltd.'s debt ratio?
Zentek Ltd.'s debt ratio is 1.0% 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 3.7%.
What are Zentek Ltd.'s key financial metrics?
Zentek Ltd. has a market capitalization of $58M, and revenue of $872,495. Return on equity stands at -56.6%.
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.