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Company report
Review the methodology status, formula details, and supporting context for 42N.SI.
Methodology
AAOIFI
DJIM
S&P Shariah
Company
IPS Securex Holdings Limited, through its subsidiaries, provides security products and integrated security solutions to commercial entities, and government bodies and agencies. It operates through two segments, Security Solutions; and Maintenance and Leasing. The company offers security products and integrated security solutions to address various security requirements, including checkpoint security, law enforcement, and the protection and surveillance of buildings and critical infrastructure. It also provides homeland security products, including acoustic hailing devices, cargo scanning systems, CBRNE equipment and solutions, non-lethal countermeasure systems, surveillance radar systems, and vehicle inspection systems. In addition, the company offers general security products, such as access control solutions that prevent unauthorized access and restrict access to sensitive areas; video monitoring solutions for investigation and deterrence of incidents that cause harm, loss, and damage; and mass notification products for public announcement and to evacuate people in emergency situations, as well as other enhancements comprises background music and hearing assistive technology for the hearing impaired. Further, it provides customer, maintenance, project management, repair, technical, and training services, as well as spare parts. The company operates in Singapore, the People's Republic of China, South Korea, Japan, Myanmar, Thailand, Laos, Cambodia, Vietnam, Malaysia, Brunei, Indonesia, the Philippines, Timor-Leste, and internationally. IPS Securex Holdings Limited was founded in 1986 and is headquartered in Singapore. IPS Securex Holdings Limited is a subsidiary of IPS Technologies Pte. Ltd.
Debt ratio
Formula
Total Interest-Bearing Debt / Market Capitalization (or Avg for AAOIFI/DJIM)
Thresholds
Cash ratio
Formula
(Cash + Interest-Bearing Securities) / Market Capitalization
Thresholds
Analysis
Haram revenue
Formula
Impermissible Revenue / Total Revenue
Thresholds
Methodology