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Is Culico Metals (CLCO) stock Halal?

NYSE
Shariah-Compliant
Not Shariah

September 2026 AAOIFI screening result for Culico Metals, Inc. (CLCO): non-permissible income, pass. Interest-bearing investments, pass. Interest-bearing debt, pass. Preference shares, pass. Dividend purification factor: 97.91%. Re-screened monthly against AAOIFI Shariah Standard No. 21.

Culico Metals is a leading provider in the IT services sector, offering comprehensive technology solutions to a diverse range of clients. Primarily focused on cloud computing, managed IT services, and unified communications, Cloudcoco Group enables businesses to enhance their operational efficiency and digital capabilities. The company delivers its expertise to a variety of sectors, including healthcare, education, government, and commercial enterprises, providing tailored IT solutions that meet specific industry requirements. Before any of that matters to a Muslim investor, one question comes first: is Culico Metals stock Halal?

Is Culico Metals Shariah compliant?

The Shariah case on a technology company like Culico Metals is rarely about the product. What AAOIFI Shariah Standard No. 21 examines is the money around the product: cash parked in instruments that earn Riba, borrowing measured against a market capitalisation that moves daily, and any incidental income from sources Islam prohibits, which must stay below 5% of revenue.

Does Culico Metals pass the business activity test?

Yes. In the September 2026 screening Culico Metals holds an overall PASS, which a stock only earns when its core business clears the activity screen. The watch item for technology names is incidental: cash returns and platform content can carry impermissible elements, which AAOIFI tolerates only below the thresholds.

Is Culico Metals' income Halal?

Yes, within AAOIFI's tolerance. Culico Metals' income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 97.91% tells holders of CLCO what share of each dividend to keep and what remainder to donate to charity.

Does Culico Metals meet AAOIFI's debt and investment ratio requirements?

Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has CLCO re-screened every month, and the result above always shows the latest verdict.

Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.

New to the four screens? Read Why a Halal Stock Screener Matters for Halal Investing

Frequently asked questions

Is Culico Metals, Inc. CLCO stock Halal to invest in?

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How often is Culico Metals, Inc. CLCO reviewed for Shariah compliance?

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Does Culico Metals, Inc. CLCO pass the AAOIFI Non Permissible Income criteria?

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Does Culico Metals, Inc. CLCO pass the AAOIFI Interest Bearing Investments criteria?

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Does Culico Metals, Inc. CLCO pass the AAOIFI Interest Bearing Debt criteria?

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What is the dividend purification factor for Culico Metals, Inc. CLCO stock?

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Does Culico Metals, Inc. CLCO pass the AAOIFI Preference Share screen?

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How do I buy Culico Metals (CLCO) stock?

Culico Metals (CLCO) currently passes AAOIFI screening, making it one of the Shariah compliant stocks available on Tabadulat. Buying Halal stocks takes three steps: open your account, screen the stock, and place your trade. Every listing is re-screened monthly, so your portfolio stays Halal after you invest, not just on the day you buy.

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