HTCO Shariah Compliance
Screening Methodology: AAOIFI
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High-Trend International Group. Stock Analysis HTCO
High-Trend International Group operates as a holding company in the global ocean technology industry. The company employs 31 full-time employees The company went IPO on 2021-09-27. The firm provides international shipping services, as well as a carbon neutral solution for wood desiccation, its carbon neutral ocean technology (CO-Tech) solution. The firm's segments include ocean transportation and heating business. Its business comprises of two sectors, such as the traditional business in international shipping, operated by the Topsheen Companies and the new CO-Tech business under Singapore Garden. The CO-Tech business is a new development building upon the existing shipping business. The company enables wood desiccation during the maritime shipping process, with full utilization of the shipping time, space, and the waste heat of exhaust gas from the shipping vessels. The company offers transportation services under voyage contracts and vessels services for and on behalf of ship owners.
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Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.