As of August 2026, FBS Global Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
FBS Global Ltd. Stock Analysis FBGL
United States Industrials Nano Cap
FBS Global Ltd. is a holding company, which engages in the provision of construction and engineering services. The company employs 74 full-time employees The company went IPO on 2025-02-06. The firm operates, through its subsidiaries, Success Elite Developments Limited (SEDL) and Finebuild System Pte. Ltd. (FBS SG). The firm is a green building contractor that uses green construction methods and green materials for its construction projects, including design, supply and installation of ceilings, partitions, timber deck, carpet, lead lining, acoustic wall paneling, built-in furniture as well as mechanical and electrical services of a building. The firm is engaged in interior fitting-out works for mixed developments, private residential developments, hospitals and commercial developments. Its projects include Marina One, a mixed development at Marina Bay, Sengkang General Hospital, Outram Community Hospital and South Beach Development, a mixed development at downtown Singapore, among others. FBS SG is an integrated engineering company that provides a full suite of construction and engineering services.
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Financial Metrics & Statements of FBS Global Ltd (FBGL)
FAQ's for FBS Global Ltd (FBGL)
As of August 2026, FBS Global Ltd FBGL 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 FBS Global Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in FBS Global 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 FBS Global 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 FBS Global 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 FBS Global Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for FBS Global Ltd (FBGL)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.