CHAR Technologies Ltd

YES.V

Compliant
Exchange
Sector
Headquarters
Group
Canada
Micro cap

CHAR Technologies Ltd is Shariah Compliant. It passes 3/5 Shariah standards we screen against.

0.03%

Impure Income*

$0.000

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Micro cap
STRONG BUY
$0.40
$0.40
$0.40
1
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
-56.02%
-245.75%
-237.95%
0.57
0.62
0.00%

Shariah Compliance

  • Updated on October 23, 2025
Debt
18.12%
✓
Non-Compliant Assets
1.08%
✓
Impure Income
0.03%
✓

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
14.46%
✓
Impure Income
0.03%
✓

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
16.35%
✓
Impure Income
0.03%
✓

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
35.00%
✗
Cash
8.61%
✓
Cash & AR
11.29%
✓
Impure Income
0.03%
✓

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
35.00%
✗
Cash
8.61%
✓
Cash & AR
11.29%
✓
Impure Income
0.03%
✓

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
0.03%

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

CHAR Technologies Ltd. is a Canada-based cleantech development company. The Company specializes in high temperature pyrolysis (HTP), converting woody biomass and organic materials into renewable energy (renewable natural gas (RNG) or green hydrogen) and valuable biocarbons (CleanFyre, biochar, or activated biochar SulfaCHAR) that is a carbon-neutral drop-in replacement for metallurgical steel making coal. Its services range from custom equipment design and engineering solutions for clean water treatment to environmental consulting services, including annual reporting, approvals and compliance management. Its subsidiaries include Char Biocarbon Inc., Chartech Services Inc., Char Technologies Thorold Inc. Char Technologies Research Inc. and Char Technologies USA, LLC.

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