As of August 2026, Close the Loop Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Close the Loop Ltd. Stock Analysis CTLLF
United States Industrials Nano Cap
Close the Loop Ltd. engages in the provision of packaging solutions and the recovery of electronic products, print consumables, eyewear, cosmetics, plastics, paper, and cartons. The company is headquartered in Melbourne, Victoria. The company went IPO on 2021-12-02. The firm collects, sorts, reclaims and reuses resources that would otherwise go to landfills. The firm is primarily involved in collection and recycling of electronic equipment, imaging consumables, plastics, paper and cartons and any other activity incidental thereto as well as providing premium and innovative flexible and carton packaging, flexographic print packaging, seafood packaging, storage solutions and the supply of thermal paper and associated paper products. Its products include RFlex and TonerPlas. The company offers end-to-end solutions across packaging and consumables to a variety of markets, with advanced innovation in product development, as well as end-of-life take-back and recovery systems for complex commodities to reduce waste to landfills. The company also offers battery collection and recycling services.
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FAQ's for Close the Loop Ltd (CTLLF)
As of August 2026, Close the Loop Ltd CTLLF is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Close the Loop Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Close the Loop Ltd if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Close the Loop Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Close the Loop Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Close the Loop Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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