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Company report
Review the methodology status, formula details, and supporting context for 42Z.SI.
Methodology
AAOIFI
DJIM
S&P Shariah
Company
Eindec Corporation Limited, an investment holding company, manufactures and distributes clean air environmental technology solutions in Singapore, China, Malaysia, Hong Kong, Indonesia, the Philippines, India, and internationally. The company operates through Clean Room Equipment; Heating, Ventilation and Air-Conditioning Products; and Others segments. The Clean Room Equipment segment designs, manufactures, and distributes clean room equipment, including fan filter units, air showers, clean booths, pass boxes, clean hand dryers, and clean benches. This segment also provides value-added design services and customized cleanroom equipment. The Heating Ventilation and Air-Conditioning Products segment provides dampers, deflection grilles, and air diffusers to regulate the airflow into the environment within the building to ensure distribution of air within the confined space for use in commercial, residential, and industrial buildings, as well as offshore platforms and vessels, and fire and smoke dampers. The Others segment sells and distributes cooling towers and offers e-commerce trading of agricultural food products. In addition, it offers back draft damper, ball jet diffuser, bubble-tight isolation damper, ceiling diffuser, garment stocker, supply unit, fresh air system, cooling tower spare parts, curtain type fire damper, double deflection, drum jet diffuser, EC fan filter unit, exhaust valve, filters, fire damper, fluorescent light troffer diffuser, standing air purifier, fresh and exhaust air louvre, fire smoke damper, laminar flow clean room and zone diffuser, LD low leakage damper, air shower pass box, exhaust air grille, round ceiling diffuser, round volume control damper, T-type ceiling diffuser, teardrop lighting, turbo nozzle, swirl diffuser, volume control damper, and wall mountable air purifier products. The company serves residential, commercial, and industrial customers. Eindec Corporation Limited was founded in 1984 and is headquartered in Singapore.
Debt ratio
Formula
Total Interest-Bearing Debt / Market Capitalization (or Avg for AAOIFI/DJIM)
Thresholds
Cash ratio
Formula
(Cash + Interest-Bearing Securities) / Market Capitalization
Thresholds
Analysis
Haram revenue
Formula
Impermissible Revenue / Total Revenue
Thresholds
Methodology