Is GPP Resources Bhd (3029.KL) halal? Halal. GPP Resources Bhd is classified Shariah-compliant by the Securities Commission Malaysia (SAC), the official regulator for Bursa Malaysia.

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3029.KL: Is GPP Resources Bhd Halal?

Halal

GPP Resources Bhd

KLSEIndustrial Products & ServicesMY

-

+0.00%

About GPP Resources Bhd

GPP Resources Bhd (3029.KL) is listed on Bursa Malaysia (KLSE) and classified Shariah-compliant by the Securities Commission Malaysia's Shariah Advisory Council, effective 30 May 2025.

Sector: Industrial Products & Services

Shariah Compliance Status

SC Malaysia listUpdated Jan 1, 1970
A+

Excellent

Exceptionally strong compliance

100Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Shariah Status: Official

Compliant

GPP Resources Bhd is classified Shariah-compliant by the Securities Commission Malaysia (SAC), the official regulator for Bursa Malaysia.

Market Cap

-

Total Debt

-

Cash & Deposits

-

Revenue

-

Screened under the SC's official two-tier methodology (business-activity benchmarks plus debt/total-assets and cash/total-assets below 33%), aligned with AAOIFI principles. Financials shown for reference (Yahoo Finance).

Compliance History

Halal, unchanged since May 2025.

No status changes recorded since we began tracking.

Tracked since May 2025. Updates automatically on each re-screen.

Screened: Jan 1, 1970Fiscal: SC SAC official list, effective 30 May 2025Source: SC_OFFICIAL

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Financial Overview

Market Cap

-

Price

-

Sector

Industrial Products & Services

Industry

-

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Frequently Asked Questions

Is GPP Resources Bhd (3029.KL) halal to invest in?
GPP Resources Bhd (3029.KL) is classified Shariah-compliant by the Securities Commission Malaysia (SAC) official list, the authoritative ruling for Bursa Malaysia-listed stocks. The SC uses a two-tier methodology: business-activity benchmarks plus financial ratios (debt/total-assets and interest deposits/total-assets below 33%).
Why did GPP Resources Bhd get a A+ compliance rating?
The Securities Commission Malaysia assigns Shariah-compliant status annually via its Shariah Advisory Council (SAC). The methodology applies a two-tier test: (1) a business-activity benchmark and (2) financial ratios (total debt and interest-bearing deposits both below 33% of total assets). GPP Resources Bhd meets these criteria under the SC's current assessment.
What could change GPP Resources Bhd's Shariah verdict?
The Securities Commission Malaysia reviews its Shariah-compliant securities list twice a year (typically May and November). GPP Resources Bhd's status may change if its business activities shift into prohibited sectors or if its financial ratios (debt or interest deposits exceeding 33% of total assets) deteriorate at the next SAC review.
How often is GPP Resources Bhd re-screened for Shariah compliance?
The Securities Commission Malaysia publishes its updated Shariah-compliant securities list twice a year, in May and November, based on each company's most recent annual financial statements. HalalScreener mirrors the SC's official list and updates immediately after each publication.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.