Phaos Technology Holdings (Cayman) Limited

POAS

Compliant
Exchange
Sector
Headquarters
Group
NYSE MKT
Healthcare
Singapore

Phaos Technology Holdings (Cayman) Limited is Shariah Compliant. It passes 5/5 Shariah standards we screen against.

-

Impure Income*

-

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
0
$0.00
0
0.00%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
-3148.28%
-3063.12%
0.32
0.40
0.00%

Shariah Compliance

Debt
1.97%
Non-Compliant Assets
Impure Income

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
0.24%
Impure Income

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
0.24%
Impure Income

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
8.33%
Cash
4.3%
Cash & AR
8.03%
Impure Income

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
8.33%
Cash
4.3%
Cash & AR
8.03%
Impure Income

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
-

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Phaos Technology Holdings (Cayman) Limited is a Singapore-based investment holding company. The Company through its subsidiary assembles and commercializes such advanced microscopy-related solutions, technologies and products. It distributes its microscopy products with software solutions through a network of distributors, primarily in Vietnam and Singapore, and expanding across regions such as Southeast Asia and South Asia. Its microscopy solutions accommodate a diverse range of applications enabling to serve a wide range of customer needs and capitalize on emerging growth opportunities in the region. Its product range includes microscopy solutions: Super-resolution imagers capable of achieving imaging down to 137 nm; Specialized microscopes designed to meet the diverse needs of various industries, and Three-dimensional (3D) real-time image magnifiers for enhanced visualization. Its subsidiaries include Phaos Technology Pte. Ltd and Phaos Technology Holdings (BVI) Limited.