Is China Tungsten And Hightech Materials (000657.SZ) stock halal?
Screened against AAOIFI Shari’ah Standard 21
Yes. China Tungsten And Hightech Materials (000657.SZ) passes the AAOIFI Shari’ah Standard 21 screen. Interest-bearing debt is 5.0% of its 36-month average market value (limit: under 30%), and prohibited income is 0.1% of revenue (limit: 5%). Last checked 25 September 2026.
China Tungsten And Hightech Materials is compliant under Halal / Islamic guidelines
AAOIFI Shari’ah Standard 21 Financial Audit
Figures from the latest annual report (the SEC filing or, for European companies, the ESEF annual report, where one exists, checked against Yahoo Finance) and a 36-month average market value.
| Test | Standard Limit | Actual Figure | Status |
|---|---|---|---|
| Main business | — | — | Pass |
| Interest-bearing debt | 30% | 4.97% | Pass |
| Cash and interest-bearing investments | 30% | 3.44% | Pass |
| Prohibited income | 5% | 0.06% | Pass |
| Not just cash and debts | 90% | 18.66% | Pass |
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Frequently Asked Questions about China Tungsten And Hightech Materials Co.,Ltd (000657.SZ)
Is China Tungsten And Hightech Materials (000657.SZ) stock halal?▾
Yes. China Tungsten And Hightech Materials (000657.SZ) passes the AAOIFI Shari’ah Standard 21 screen. Interest-bearing debt is 5.0% of its 36-month average market value (limit: under 30%), and prohibited income is 0.1% of revenue (limit: 5%). Last checked 25 September 2026.
What is China Tungsten And Hightech Materials's debt ratio under Islamic finance standards?▾
Under AAOIFI Shari’ah Standard 21, interest-bearing debt must stay under 30% of a company's 36-month average market value. China Tungsten And Hightech Materials's ratio is about 5.0%.
How much dividend purification is required for China Tungsten And Hightech Materials (000657.SZ) stock?▾
Under AAOIFI Shari’ah Standard 21, shareholders should give away the part of their income that comes from prohibited sources: CN¥0.0043 per share for the latest financial year. The amount goes to charity, without counting it as one's own donation.
Does China Tungsten And Hightech Materials operate in prohibited business activities?▾
AAOIFI Shari’ah Standard 21 excludes companies whose main business is prohibited, such as alcohol, pork, gambling, conventional interest-based finance and adult entertainment. China Tungsten And Hightech Materials's main business is checked against these. For companies that file with the US SEC, revenue by division is also read from the filing, so a division in a prohibited business is counted. Where the check cannot be settled, the result is shown as Needs Review rather than guessed.
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