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HALAL TRADING ROOM Sharia-screened signals
TERMINAL
27

2798.HK

$0.89500
Sharia status
NOT COMPLIANT
Per In-house ratio engine · assessed 2026-08-27
HTR non-permissible income 0.05%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

Perennial Energy Holdings Limited (2798.HK) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.

⚠️ Financial ratios are only half the screen. A company whose core business is in an excluded sector — weapons/defense, alcohol, gambling, conventional (interest-based) finance, tobacco, pork, or adult entertainment — is non-compliant even if every debt and income ratio passes. So passing ratios below don't override this verdict; check the business-activity screen for the reason.

Market & analysts
Institutional own.
0.3%
of shares
NON-COMPLIANT
Sharia compliance
0.05%
Non-permissible income — HTR, from filings (2025-12-31)
0.3%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. 2798.HK files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Fail

RatioValueThresholdResult
Interest-bearing debt 81.89% 30.00% Fail
Interest-bearing investments 5.48% 30.00% Pass
Non-permissible income 0.05% 5.00% Pass

Usmani Pass

RatioValueThresholdResult
Interest-bearing debt 23.77% 33.00% Pass
Interest-bearing investments 1.59% 33.00% Pass
Non-liquid assets 93.11% at least 20.00% Pass
Non-permissible income 0.05% 5.00% Pass

MSCI Pass

RatioValueThresholdResult
Interest-bearing debt 23.77% 33.33% Pass
Cash + interest-bearing securities 1.59% 33.33% Pass
Accounts receivable 6.89% 33.33% Pass
Non-permissible income 0.05% 5.00% Pass

FTSE Pass

RatioValueThresholdResult
Interest-bearing debt 23.77% 33.33% Pass
Cash + interest-bearing securities 1.59% 33.33% Pass
Accounts receivable 6.89% 50.00% Pass
Non-permissible income 0.05% 5.00% Pass

Dow Jones Islamic Market Fail

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 80.75% 33.00% Fail
Cash + interest-bearing securities 5.40% 33.00% Pass
Accounts receivable 18.01% 33.00% Pass
Non-permissible income 0.05% 5.00% Pass

S&P Shariah Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 80.40% 33.00% Fail
Cash + interest-bearing securities 5.38% 49.00% Pass
Accounts receivable 17.93% 49.00% Pass
Non-permissible income 0.05% 5.00% Pass

MSCI M-Series Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 80.40% 33.33% Fail
Cash + interest-bearing securities 5.38% 33.33% Pass
Accounts receivable 23.32% 49.00% Pass
Non-permissible income 0.05% 5.00% Pass

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

1.241.100.960.820.682025-09-112026-03-132026-09-10

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
0.69
S2
0.76
S1
0.79
PIVOT
0.86
R1
0.90
R2
0.97
R3
1.00

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
0.661255 0.978745
±19.36% from 0.82, made 2026-09-08 · resolves 2026-09-15
STRONG SELL
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 22147 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

STRONG BUY
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG BUY
10 buy · 0 neutral · 2 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)59.00NEUTRAL
Stochastic %K (14)91.89SELL
CCI (20)108.35SELL
Williams %R (14)-8.11SELL
MACD (12,26,9)0.00BUY
ROC (10)0.55BUY
Momentum (10)0.00BUY
EMA (10)0.86BUY
SMA (10)0.86BUY
EMA (20)0.84BUY
SMA (20)0.83BUY
EMA (30)0.83BUY
SMA (30)0.82BUY
EMA (50)0.83BUY
SMA (50)0.81BUY
EMA (100)0.87BUY
SMA (100)0.86BUY
EMA (200)0.95SELL
SMA (200)1.00SELL

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About Perennial Energy Holdings Limited

Basic Materials · Coking Coal

Perennial Energy Holdings Limited, an investment holding company, engages in the exploration and mining of coking coal in the People's Republic of China. It offers clean, middling, and sludge, as well as coalbed methane gas. The company also operates a coal refinery. In addition, it operates underground coal mines, comprising Hongguo Coal Mine, Baogushan Coal Mine, and Xiejiahegou Coal Mine located in Panzhou City, Guizhou Province. The company was incorporated in 2017 and is headquartered in Liupanshui, China. Perennial Energy Holdings Limited operates as a subsidiary of Spring Snow Management, LTD.

perennialenergy.hk ↗

Background via Yahoo Finance — informational, not part of the verdict.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-01 · Asset managers net 934180 (-19048)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.