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Company report
Review the methodology status, formula details, and supporting context for 5AB.SI.
Methodology
AAOIFI
DJIM
S&P Shariah
Company
Trek 2000 International Ltd, an investment holding company, provides interactive consumer, wireless, encryption, and enterprise solutions. The company operates through Artificial Intelligence of Things, Corporate, Customized Solutions, and Artificial Intelligence Renewable Energy Solutions segments. The company offers external storage devices, such as portable data storage devices, thumb-sized external portable data storage devices, and single-write access-numerous drives; encryption of storage with the utilization of a built-in hardware encryption system; Single-Write Access-Numerous (SWAN); finger authentication sensor technology. It also provides renewable energy solutions include the construction, operation, and management of solar farms; supply of smart meters, data loggers, IoT-sensors, and rechargeable batteries and an energy management system software; provision of TRE-Solutions Dashboard, an artificial intelligence-based energy management platform for data visualization, monitoring, and control; and delivery of iOS and Android mobile apps that enable customers remote access to the dashboards. In addition, the company offers design solutions, such as design-in modules or sub-modules in semi-customized or customized forms, as well as engage in investment activities. Further, it engages in research, design, development, and dealing in computer hardware, software, electronic components, and other related products; research and development of environment and clean technologies; and development and marketing of web portal services, including social networking sites. It serves customers in China, Hong Kong, India, Indonesia, Malaysia, Singapore, Taiwan, Thailand, and the United States. Trek 2000 International Ltd was incorporated in 1999 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