Is China Everbright (0165.HK) stock halal?
Screened against AAOIFI Shari’ah Standard 21
No. China Everbright (0165.HK) does not pass the AAOIFI Shari’ah Standard 21 screen. Cash and interest-bearing investments are 84.6% of the company’s 36-month average market value. AAOIFI’s limit is under 30% (Shari'ah Standard 21, 3/4/3). Last checked 1 October 2026.
China Everbright is not 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% | 414.32% | Review |
| Cash and interest-bearing investments | 30% | 84.61% | Fail |
| Prohibited income | 5% | 54.36% | Fail |
| Not just cash and debts | 90% | 84.15% | Pass |
Key Findings & Observations
- The interest-bearing debt test couldn’t be settled: Only an upper estimate is available, and it is over the limit. No debt figure was reported, so total liabilities are used as an upper bound.Source: AAOIFI Shari'ah Standard 21
- Cash and interest-bearing investments are 84.6% of the company’s 36-month average market value. AAOIFI’s limit is under 30% (Shari'ah Standard 21, 3/4/3).Source: AAOIFI Shari'ah Standard 21
- Prohibited income, interest included, is 54.4% of total revenue. AAOIFI’s limit is 5% (Shari'ah Standard 21, 3/4/4).Source: AAOIFI Shari'ah Standard 21
Get an email when verdicts change
One email a month. No spam, unsubscribe any time.
Frequently Asked Questions about China Everbright Limited (0165.HK)
Is China Everbright (0165.HK) stock halal?▾
No. China Everbright (0165.HK) does not pass the AAOIFI Shari’ah Standard 21 screen. Cash and interest-bearing investments are 84.6% of the company’s 36-month average market value. AAOIFI’s limit is under 30% (Shari'ah Standard 21, 3/4/3). Last checked 1 October 2026.
What is China Everbright'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 Everbright's ratio is at most 414.3%.
How much dividend purification is required for China Everbright (0165.HK) stock?▾
China Everbright does not pass the screen, so purification does not apply: the standard does not permit holding it.
Does China Everbright 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 Everbright'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.
Other Halal & Shariah-compliant Financial Services Stocks
Explore other screened equities in the Financial Services sector.
Track your entire portfolio for Halal / Islamic compliance
Check whether your stocks, ETFs, and 401(k) holdings comply with AAOIFI Shari’ah Standard 21. Save stocks and keep every holding’s verdict in one place.